How much does Viessmann Limited make?

Viessmann Limited reported revenue of £35.2m and £2.7m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Viessmann Limited have?

Viessmann Limited reported an average of 131 employees in the year to 31 Dec 2024.

Is Viessmann Limited profitable?

Yes — Viessmann Limited reported a profit of £2.7m in the year to 31 Dec 2024.

Company No. 02305071 · Incorporated 13 Oct 1988

Viessmann Limited

Registered name: VIESSMANN LIMITED

Part of Carrier Global Corporation group

Viessmann Limited made £35.2m revenue and £2.7m profit in the year to 31 Dec 2024. read from filing text

Viessmann Limited’s revenue grew 4% to £35.2m in the year to 31 Dec 2024, with £2.7m profit and 131 employees. The company is classified under “wholesale of hardware, plumbing and heating equipment and supplies” and is based in Shropshire; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46740Wholesale of hardware, plumbing and heating equipment and supplies

Status: Active
Location: Shropshire, West Midlands
Age: 38 yrs · since 1988
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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightOperating leverageDoing more with lessBoring industryCash flow filed

Revenue

£35.2m

Growth ▲4.5%

Profit

£2.7m

Growth ▲9967%

Profit margin

7.6%

Gross 41.2%

Employees

131

Change ▼4.4%

Profit / employee

£20.5k

Revenue/employee £269k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£43.9m	£33.7m	£35.2m
Cost of sales	£29.3m	£22.5m	£20.7m
Gross profit	£14.7m	£11.2m	£14.5m
Operating profit	£3.7m	−£136k	£2.4m
Profit before tax	£3.8m	£108k	£2.7m
Profit after tax	£3.1m	£26.6k	£2.7m
Profit (best available)	£3.1m	£26.6k	£2.7m
Staff costs	£6.9m	£6.9m	£7.6m
Employees (average)	125	137	131
Ratios
Profit margin	7.1%	0.1%	7.6%
Gross margin	33.4%	33.4%	41.2%
Revenue per employee	£351k	£246k	£269k
Profit per employee	£24.9k	£194	£20.5k
Cash conversion	−101.9%	—	−449.7%
Growth (year on year)
Revenue growth	—	▼23.3%	▲4.5%
Profit growth	—	▼99.1%	▲9967%
Headcount growth	—	▲9.6%	▼4.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.6m	£12.4m	£2.1m
Net assets	£14.5m	£14.5m	£17.2m
Fixed assets	£1.7m	£1.6m	£1.4m
Current assets	£26.5m	£22.9m	£25.8m
Debtors	£6.3m	£5.5m	£4.9m
Deferred income	£7.8m	£6.6m	£6.2m
Cash from operations	−£3.8m	£5.7m	−£10.7m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 7.6%; Profit ÷ revenue.
Gross margin: 41.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £269k; Revenue ÷ average employees.
Profit per employee: £20.5k; Profit ÷ average employees.
Cash conversion: −449.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 17.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.9%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲18%; Now £17.2m
Cash at bank: ▼83%; Now £2.1m
Headcount: ▼4%; Now 131
Deferred income: ▼7%; Now £6.2m
Fixed assets: ▼9%; Now £1.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Carrier Global Corporation (registered outside the UK register)ultimate parent75–100%
Viessmann Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £2.7m), from the Companies House accounts bulk data published Dec 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.