How much does Nigel Smith Plumbing and Mechanical Services Ltd make?

Nigel Smith Plumbing and Mechanical Services Ltd reported revenue of £7.7m and £11.5k profit in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does Nigel Smith Plumbing and Mechanical Services Ltd have?

Nigel Smith Plumbing and Mechanical Services Ltd reported an average of 31 employees in the year to 30 Jun 2025.

Is Nigel Smith Plumbing and Mechanical Services Ltd profitable?

Yes — Nigel Smith Plumbing and Mechanical Services Ltd reported a profit of £11.5k in the year to 30 Jun 2025.

Company No. 02572049 · Incorporated 7 Jan 1991

Nigel Smith Plumbing and Mechanical Services Ltd

Registered name: NIGEL SMITH PLUMBING AND MECHANICAL SERVICES LTD

Part of MPS Investments (Lincoln) Limited group

Nigel Smith Plumbing and Mechanical Services Ltd made £7.7m revenue and £11.5k profit in the year to 30 Jun 2025.

Nigel Smith Plumbing and Mechanical Services Ltd’s revenue fell 30% to £7.7m in the year to 30 Jun 2025, with £11.5k profit and 31 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Lincoln; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: Lincoln, East Midlands
Age: 35 yrs · since 1991
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. From the filing: “The immediate parent undertaking is Nigel Smith Plumbing and Mechanical Services (Holdings) Limited. The ultimate parent undertaking is MPS Investments (Lincoln) Limited. The individual controlling pe”

Latest accounts · year to 30 Jun 2025

Key figures

Capital-lightBoring industryCash flow filed

Revenue

£7.7m

Growth ▼29.6%

Profit

£11.5k

Growth ▼97.3%

Profit margin

0.1%

Gross 13.7%

Employees

Change —

Profit / employee

£370

Revenue/employee £247k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2024	30 Jun 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£10.9m	£7.7m
Cost of sales	£9.3m	£6.6m
Gross profit	£1.6m	£1m
Operating profit	£567k	£20.9k
Profit before tax	£562k	£14.8k
Profit after tax	£421k	£11.5k
Profit (best available)	£421k	£11.5k
Staff costs	£2.7m	£2.5m
Employees (average)	—	31
Ratios
Profit margin	3.9%	0.1%
Gross margin	14.9%	13.7%
Revenue per employee	—	£247k
Profit per employee	—	£370
Cash conversion	120.1%	443.8%
Growth (year on year)
Revenue growth	—	▼29.6%
Profit growth	—	▼97.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£836k	£741k
Net assets	£3.1m	£3.1m
Fixed assets	£146k	£124k
Current assets	£6.3m	£5.6m
Debtors	£2.3m	£2m
Deferred income	£119k	£142k
Cash from operations	£681k	£92.9k
Source	FullAccounts · bulk data Mar 2026	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 0.1%; Profit ÷ revenue.
Gross margin: 13.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £247k; Revenue ÷ average employees.
Profit per employee: £370; Profit ÷ average employees.
Cash conversion: 443.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 25.5%; 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: ▲0%; Now £3.1m
Cash at bank: ▼11%; Now £741k
Headcount: —; Now 31
Deferred income: ▲20%; Now £142k
Fixed assets: ▼15%; Now £124k

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

MPS Investments (Lincoln) Limitedultimate parent75–100%
Nigel Smith Plumbing and Mechanical Services (Holdings) Limited75–100%
Nigel Smith Plumbing and Mechanical Services Ltdthis 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 30 Jun 2025 (profit £11.5k), from the Companies House accounts bulk data published Mar 2026. 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.