How much does Victoria & Albert Baths Limited make?

Victoria & Albert Baths Limited reported revenue of £18.4m and a loss of £5.4m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Victoria & Albert Baths Limited have?

Victoria & Albert Baths Limited reported an average of 105 employees in the year to 31 Dec 2024.

Is Victoria & Albert Baths Limited profitable?

No — Victoria & Albert Baths Limited reported a loss of £5.4m in the year to 31 Dec 2024.

Company No. 05839969 · Incorporated 7 Jun 2006

Victoria & Albert Baths Limited

Registered name: VICTORIA & ALBERT BATHS LIMITED

Part of Fortune Brands Innovations, Inc. group

Victoria & Albert Baths Limited made £18.4m revenue and a £5.4m loss in the year to 31 Dec 2024.

Victoria & Albert Baths Limited’s revenue grew 47% to £18.4m in the year to 31 Dec 2024, with a loss of £5.4m and 105 employees. The company is classified under “wholesale of hardware, plumbing and heating equipment and supplies” and is based in Wolverhampton; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46740Wholesale of hardware, plumbing and heating equipment and supplies

Status: Active
Location: Wolverhampton, West Midlands
Age: 20 yrs · since 2006
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. From the filing: “The immediate parent company is Domotec (Europe) Limited, a company registered in the United Kingdom, and the ultimate Parent Company is Fortune Brands Innovations, Inc, a listed company registered in”

Latest accounts · year to 31 Dec 2024

Key figures

Boring industry

Revenue

£18.4m

Growth ▲46.8%

Profit

−£5.4m

Growth —

Profit margin

−29.5%

Gross 63.8%

Employees

105

Change ▲78%

Profit / employee

−£51.7k

Revenue/employee £175k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.5m	£18.4m
Cost of sales	£3.8m	£6.7m
Gross profit	£8.7m	£11.8m
Operating profit	−£475k	−£872k
Profit before tax	−£2.5m	−£5.4m
Profit after tax	−£2.5m	−£5.4m
Profit (best available)	−£2.5m	−£5.4m
Staff costs	£4.1m	£6.3m
Employees (average)	59	105
Ratios
Profit margin	−19.9%	−29.5%
Gross margin	69.5%	63.8%
Revenue per employee	£213k	£175k
Profit per employee	−£42.4k	−£51.7k
Growth (year on year)
Revenue growth	—	▲46.8%
Headcount growth	—	▲78%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.2m	£391k
Net assets	£1.9m	−£3.2m
Fixed assets	£52.6m	£68.4m
Current assets	£17.5m	£19m
Debtors	£764k	£721k
Deferred income	£415k	£964k
Source	FullAccounts · bulk data Feb 2026	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: −29.5%; Profit ÷ revenue.
Gross margin: 63.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £175k; Revenue ÷ average employees.
Profit per employee: −£51.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 371.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.9%; 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: ▼269%; Now −£3.2m
Cash at bank: ▼82%; Now £391k
Headcount: ▲78%; Now 105
Deferred income: ▲132%; Now £964k
Fixed assets: ▲30%; Now £68.4m

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

Fortune Brands Innovations, Inc. (registered outside the UK register)ultimate parent75–100%
Domotec Holdings Limited75–100%
Domotec (Europe) Limited75–100%
Victoria & Albert Baths Limitedthis company

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

Sister companies (1)

Aqualisa Holdings (International) LimitedFigures not disclosed

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 Dec 2024 (profit −£5.4m), from the Companies House accounts bulk data published Feb 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.