How much does Airco Refrigeration and Airconditioning Limited make?

Airco Refrigeration and Airconditioning Limited reported revenue of £24.2m and £872k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Airco Refrigeration and Airconditioning Limited have?

Airco Refrigeration and Airconditioning Limited reported an average of 208 employees in the year to 31 Mar 2025.

Is Airco Refrigeration and Airconditioning Limited profitable?

Yes — Airco Refrigeration and Airconditioning Limited reported a profit of £872k in the year to 31 Mar 2025.

Company No. 03418561 · Incorporated 13 Aug 1997

Airco Refrigeration and Airconditioning Limited

Registered name: AIRCO REFRIGERATION AND AIRCONDITIONING LIMITED

Airco Refrigeration and Airconditioning Limited made £24.2m revenue and £872k profit in the year to 31 Mar 2025.

Airco Refrigeration and Airconditioning Limited’s revenue grew 10% to £24.2m in the year to 31 Mar 2025, with £872k profit and 208 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Hull; we hold 4 years of its filed accounts.

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

Status: Active
Location: Hull, Yorkshire and The Humber
Age: 29 yrs · since 1997
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentOperating leverageBoring industryCash flow filed

Revenue

£24.2m

Growth ▲10%

Profit

£872k

Growth ▲72.7%

Profit margin

3.6%

Gross 29.2%

Employees

208

Change ▲3.5%

Profit / employee

£4.2k

Revenue/employee £116k

Profitable streak

4yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.7m	£19m	£22m	£24.2m
Cost of sales	£12m	£13.5m	£16m	£17.1m
Gross profit	£4.7m	£5.5m	£6m	£7.1m
Operating profit	£436k	£450k	£965k	£1.5m
Profit before tax	£334k	£276k	£613k	£1.2m
Profit after tax	£243k	£188k	£505k	£872k
Profit (best available)	£243k	£188k	£505k	£872k
Staff costs	£5.6m	£6.7m	£7.1m	£8.2m
Employees (average)	172	194	201	208
Ratios
Profit margin	1.5%	1%	2.3%	3.6%
Gross margin	28%	29%	27.2%	29.2%
Revenue per employee	£96.9k	£98.2k	£110k	£116k
Profit per employee	£1.4k	£967	£2.5k	£4.2k
Cash conversion	−126.2%	−80.2%	−210.6%	−132.1%
Growth (year on year)
Revenue growth	—	▲14.3%	▲15.6%	▲10%
Profit growth	—	▼22.7%	▲169%	▲72.7%
Headcount growth	—	▲12.8%	▲3.6%	▲3.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£329k	£455k	£1.1m	£968k
Net assets	£1.3m	£2.1m	£2.3m	£2.8m
Fixed assets	£2.4m	£3.6m	£3.5m	£4.8m
Current assets	£6.6m	£7.6m	£7.3m	£8.2m
Debtors	£4.3m	£4.7m	£3.6m	£4.5m
Cash from operations	−£550k	−£361k	−£2m	−£2m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 3.6%; Profit ÷ revenue.
Gross margin: 29.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £116k; Revenue ÷ average employees.
Profit per employee: £4.2k; Profit ÷ average employees.
Cash conversion: −132.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 20%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.5%; 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: ▲21%; Now £2.8m
Cash at bank: ▼14%; Now £968k
Headcount: ▲3%; Now 208
Deferred income: —; Now —
Fixed assets: ▲37%; Now £4.8m

Corporate ownership

Group structure

Subsidiaries (2)

Airco Centre of Excellence LimitedFigures not disclosed
Aircon 365 LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £872k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.