Ultimate Cleaners (Industrial) Limited
Registered name: ULTIMATE CLEANERS (INDUSTRIAL) LIMITED
Part of Pip Global Safety Holding UK Limited groupUltimate Cleaners (Industrial) Limited made £23m revenue and £5m profit in the year to 31 Jan 2025.
Ultimate Cleaners (Industrial) Limited’s revenue was £23m in the year to 31 Jan 2025, with £5m profit and 31 employees. The company is classified under “agents involved in the sale of textiles, clothing, fur, footwear and leather goods” and is based in Wolverhampton; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wolverhampton, West Midlands
- Age
- 40 yrs · since 1986
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £18.7m | £16m | £23m |
| Cost of sales | £12.7m | £10.7m | £15.4m |
| Gross profit | £5.9m | £5.4m | £7.6m |
| Operating profit | £4.7m | £4.2m | £5.8m |
| Profit before tax | £4.7m | £4.2m | £5.9m |
| Profit after tax | £3.8m | £3.1m | £5m |
| Profit (best available) | £3.8m | £3.1m | £5m |
| Staff costs | £825k | £915k | £1.4m |
| Employees (average) | 28 | 27 | 31 |
| Ratios | |||
| Profit margin | 20.5% | 19.6% | 21.8% |
| Gross margin | 31.8% | 33.4% | 33% |
| Revenue per employee | £667k | £594k | £742k |
| Profit per employee | £137k | £117k | £162k |
| Cash conversion | 100.3% | 73.4% | 3.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.1m | £2.7m | £1.8m |
| Net assets | £11.4m | £12.2m | £17.2m |
| Fixed assets | £106k | £116k | £631k |
| Current assets | £12.1m | £14.5m | £19.1m |
| Debtors | £3.4m | £3.4m | £3.7m |
| Deferred income | £29.3k | £66.8k | £115k |
| Cash from operations | £4.7m | £3.1m | £216k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- 21.8%
- Profit ÷ revenue.
- Gross margin
- 33%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £742k
- Revenue ÷ average employees.
- Profit per employee
- £162k
- Profit ÷ average employees.
- Cash conversion
- 3.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £17.2m
- Cash at bank
- —
- Now £1.8m
- Headcount
- —
- Now 31
- Deferred income
- —
- Now £115k
- Fixed assets
- —
- Now £631k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Pip Global Safety Holding UK Limitedultimate parent75–100%
- Ultimate Cleaners (Industrial) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Combisafe International LimitedFigures not disclosed
- Sperian Protection Holding (UK) LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £5m), from the Companies House accounts bulk data published May 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.