How much does Paine Manwaring Heating Limited make?

Paine Manwaring Heating Limited reported revenue of £321k and £485k profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Paine Manwaring Heating Limited have?

Paine Manwaring Heating Limited reported an average of 0 employees in the year to 31 Mar 2026.

Is Paine Manwaring Heating Limited profitable?

Yes — Paine Manwaring Heating Limited reported a profit of £485k in the year to 31 Mar 2026.

Company No. 03591258 · Incorporated 1 Jul 1998

Paine Manwaring Heating Limited

Registered name: PAINE MANWARING HEATING LIMITED

Paine Manwaring Heating Limited made £321k revenue and £485k profit in the year to 31 Mar 2026.

Paine Manwaring Heating Limited’s revenue fell 4% to £321k in the year to 31 Mar 2026, with £485k profit and 0 employees. The company is classified under “electrical installation” and is based in Worthing; we hold 5 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation SIC 43220Plumbing, heat and air-conditioning installation SIC 70229Management consultancy activities other than financial management

Status: Active
Location: Worthing, South East
Age: 28 yrs · since 1998
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Mar 2026

Key figures

IndependentSmall teamBoring industry

Revenue

£321k

Growth ▼4.3%

Profit

£485k

Growth ▼61.5%

Profit margin

150.9%

Gross 66%

Employees

Change —

Profit / employee

—

Profitable streak

5yrs

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£617k	£290k	£296k	£336k	£321k
Cost of sales	£72.7k	£64.2k	£79.5k	£98.6k	£109k
Gross profit	£544k	£226k	£216k	£237k	£212k
Operating profit	£523k	£203k	£192k	£212k	£184k
Profit before tax	£522k	£202k	£194k	£1.3m	£532k
Profit after tax	£421k	£168k	£146k	£1.3m	£485k
Profit (best available)	£421k	£168k	£146k	£1.3m	£485k
Employees (average)	0	0	0	0	0
Ratios
Profit margin	68.2%	58%	49.2%	375%	150.9%
Gross margin	88.2%	77.9%	73.1%	70.7%	66%
Growth (year on year)
Revenue growth	—	▼52.9%	▲1.9%	▲13.7%	▼4.3%
Profit growth	—	▼60%	▼13.6%	▲766.1%	▼61.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£498k	£436k	£379k	£664k	£312k
Net assets	£3.5m	£3.4m	£3.5m	£3.8m	£3.5m
Fixed assets	£481k	£488k	£579k	£602k	£648k
Current assets	£3.2m	£3.2m	£3.1m	£3.4m	£3m
Debtors	£2.7m	£2.7m	£2.7m	£2.7m	£2.7m
Deferred income	£3.3k	£3.6k	£3.2k	£3.2k	£4.4k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 150.9%; Profit ÷ revenue.
Gross margin: 66%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 201.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 848.3%; 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: ▼7%; Now £3.5m
Cash at bank: ▼53%; Now £312k
Headcount: —; Now 0
Deferred income: ▲38%; Now £4.4k
Fixed assets: ▲8%; Now £648k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £485k), from the Companies House accounts bulk data published Jul 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.