How much does Heatload Limited make?

Heatload Limited reported revenue of £7.2m and £2.3m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Heatload Limited have?

Heatload Limited reported an average of 18 employees in the year to 31 Mar 2025.

Is Heatload Limited profitable?

Yes — Heatload Limited reported a profit of £2.3m in the year to 31 Mar 2025.

Company No. 04393027 · Incorporated 12 Mar 2002

Heatload Limited

Registered name: HEATLOAD LIMITED

Part of Mafi Mushkila Limited group

Heatload Limited made £7.2m revenue and £2.3m profit in the year to 31 Mar 2025. read from filing text

Heatload Limited’s revenue grew 11% to £7.2m in the year to 31 Mar 2025, with £2.3m profit and 18 employees. The company is classified under “information technology consultancy activities” and is based in Worthing; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: Worthing, South East
Age: 24 yrs · since 2002
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 Mar 2025

Key figures

Operating leverageDoing more with less

Revenue

£7.2m

Growth ▲10.6%

Profit

£2.3m

Growth ▲146.6%

Profit margin

32.2%

Gross 75.3%

Employees

Change ▼18.2%

Profit / employee

£129k

Revenue/employee £399k

Profitable streak

3yrs

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	No P&L	Profit only	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£6.5m	£7.2m
Cost of sales	—	—	£3.9m	£1.8m
Gross profit	—	—	£2.6m	£5.4m
Operating profit	—	—	£1.2m	£3.2m
Profit before tax	—	—	£1.2m	£3.2m
Profit after tax	—	£511k	£938k	£2.3m
Profit (best available)	—	£511k	£938k	£2.3m
Employees (average)	6	10	22	18
Ratios
Profit margin	—	—	14.4%	32.2%
Gross margin	—	—	40.2%	75.3%
Revenue per employee	—	—	£295k	£399k
Profit per employee	—	£51.1k	£42.6k	£129k
Growth (year on year)
Revenue growth	—	—	—	▲10.6%
Profit growth	—	—	▲83.5%	▲146.6%
Headcount growth	—	▲66.7%	▲120%	▼18.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£21.8k	£395k	£398k	£2.7m
Net assets	£274k	£538k	£1.2m	£3.4m
Fixed assets	£159k	£252k	£397k	£770k
Current assets	£942k	£995k	£2m	£4.2m
Debtors	£921k	£600k	£1.6m	£1.4m
Source	AbridgedAccounts · bulk data Dec 2023	AbridgedAccounts · bulk data Dec 2023	AbridgedAccounts · bulk data Oct 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 32.2%; Profit ÷ revenue.
Gross margin: 75.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £399k; Revenue ÷ average employees.
Profit per employee: £129k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19%; 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: ▲186%; Now £3.4m
Cash at bank: ▲586%; Now £2.7m
Headcount: ▼18%; Now 18
Deferred income: —; Now —
Fixed assets: ▲94%; Now £770k

Corporate ownership

Group structure

Ownership chain

Mafi Mushkila Limitedultimate parent75–100%
Heatload Limitedthis 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 31 Mar 2025 (profit £2.3m), from the Companies House accounts bulk data published Dec 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.