How much does Woodford Heating & Energy Limited make?

Woodford Heating & Energy Limited reported revenue of £57.9m and a loss of £126k in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does Woodford Heating & Energy Limited have?

Woodford Heating & Energy Limited reported an average of 138 employees in the year to 31 Jan 2025.

Is Woodford Heating & Energy Limited profitable?

No — Woodford Heating & Energy Limited reported a loss of £126k in the year to 31 Jan 2025.

Company No. 02868418 · Incorporated 2 Nov 1993

Woodford Heating & Energy Limited

Registered name: WOODFORD HEATING & ENERGY LIMITED

Part of Whe Holdings Limited group

Woodford Heating & Energy Limited made £57.9m revenue and a £126k loss in the year to 31 Jan 2025.

Woodford Heating & Energy Limited’s revenue grew 65% to £57.9m in the year to 31 Jan 2025, with a loss of £126k and 138 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Loughton; we hold 4 years of its filed accounts.

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

Status: Active
Location: Loughton, London
Age: 32 yrs · since 1993
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 Jan 2025

Key figures

Capital-lightBoring industry

Revenue

£57.9m

Growth ▲64.7%

Profit

−£126k

Growth ▼117.6%

Profit margin

−0.2%

Gross 9.9%

Employees

138

Change ▲21.1%

Profit / employee

−£916

Revenue/employee £420k

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023	31 Jan 2024	31 Jan 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£36.5m	£25.9m	£35.2m	£57.9m
Cost of sales	£27.9m	£21.5m	£29.4m	£52.2m
Gross profit	£8.6m	£4.4m	£5.8m	£5.7m
Operating profit	£2.3m	£108k	£963k	−£90.8k
Profit before tax	£2.3m	£117k	£953k	−£43.8k
Profit after tax	£2.2m	−£258k	£720k	−£126k
Profit (best available)	£2.2m	−£258k	£720k	−£126k
Staff costs	£11.2m	£8.4m	£7.3m	£9.3m
Employees (average)	169	133	114	138
Ratios
Profit margin	5.9%	−1%	2.1%	−0.2%
Gross margin	23.7%	17.1%	16.4%	9.9%
Revenue per employee	£216k	£195k	£308k	£420k
Profit per employee	£12.8k	−£1.9k	£6.3k	−£916
Growth (year on year)
Revenue growth	—	▼29%	▲35.6%	▲64.7%
Profit growth	—	▼112%	—	▼117.6%
Headcount growth	—	▼21.3%	▼14.3%	▲21.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.9m	£1.6m	£3.2m	£4.8m
Net assets	£5.1m	£4.2m	£4.8m	£4.1m
Fixed assets	£154k	£107k	£128k	£108k
Current assets	£14.6m	£11.2m	£17.6m	£20.9m
Debtors	£11.6m	£8.7m	£5.1m	£5.5m
Deferred income	£1.1m	£299k	£5.5m	£8.8m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −0.2%; Profit ÷ revenue.
Gross margin: 9.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £420k; Revenue ÷ average employees.
Profit per employee: −£916; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 15.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.5%; 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: ▼13%; Now £4.1m
Cash at bank: ▲50%; Now £4.8m
Headcount: ▲21%; Now 138
Deferred income: ▲60%; Now £8.8m
Fixed assets: ▼15%; Now £108k

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

Whe Holdings Limitedultimate parent75–100%
Woodford Heating & Energy Trustees Limited75–100%
Whe Holdings Limited75–100%
Woodford Heating & Energy Limitedthis company

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

Sister companies (1)

Woodford Heating & Energy Trustees LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit −£126k), from the Companies House accounts bulk data published Oct 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.