Condition Environment Services Limited
Registered name: CONDITION ENVIRONMENT SERVICES LIMITED
Condition Environment Services Limited made £12.9m revenue and £263k profit in the year to 31 Mar 2025.
Condition Environment Services Limited’s revenue grew 37% to £12.9m in the year to 31 Mar 2025, with £263k profit and 36 employees. The company is classified under “steam and air conditioning supply” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 32 yrs · since 1993
- Type
- Private Limited Company
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 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £9.4m | £12.9m |
| Cost of sales | — | £8.7m | £10.8m |
| Gross profit | — | £731k | £2.1m |
| Operating profit | — | −£593k | £347k |
| Profit before tax | — | −£608k | £288k |
| Profit after tax | — | −£502k | £263k |
| Profit (best available) | — | −£502k | £263k |
| Employees (average) | 15 | 41 | 36 |
| Ratios | |||
| Profit margin | — | −5.3% | 2% |
| Gross margin | — | 7.8% | 16.1% |
| Revenue per employee | — | £230k | £358k |
| Profit per employee | — | −£12.2k | £7.3k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲37% |
| Headcount growth | — | ▲173.3% | ▼12.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £401k | £567k | £536k |
| Net assets | £782k | £280k | £543k |
| Fixed assets | £18.4k | £188k | £151k |
| Current assets | £1.7m | £3.8m | £4.2m |
| Debtors | £1.2m | £2.1m | £2.9m |
| Source | FilletedAccounts · bulk data Dec 2024 | FilletedAccounts · bulk data Dec 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 2%
- Profit ÷ revenue.
- Gross margin
- 16.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £358k
- Revenue ÷ average employees.
- Profit per employee
- £7.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22.4%
- 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
- ▲94%
- Now £543k
- Cash at bank
- ▼5%
- Now £536k
- Headcount
- ▼12%
- Now 36
- Deferred income
- —
- Now —
- Fixed assets
- ▼20%
- Now £151k
Similar profitable businesses
- Stulz U.K. LimitedChessington · Steam and air conditioning supply
- Revenue
- £13.6m
- Profit
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- Staff
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- Logicool Air Conditioning & Heat Pumps LimitedGallows Hill · Steam and air conditioning supply
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- £11.4m
- Profit
- £321k
- Staff
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- Condair LimitedLittlehampton · Steam and air conditioning supply
- Revenue
- £9.3m
- Profit
- £447k
- Staff
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- CHC Group LimitedCo.armagh · Steam and air conditioning supply
- Revenue
- £29.2m
- Profit
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- Excool LimitedDroitwich · Steam and air conditioning supply
- Revenue
- £37.5m
- Profit
- £1.9m
- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £263k), from the Companies House accounts bulk data published Sep 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.