How much does Drainfast Limited make?

Drainfast Limited reported revenue of £23.5m and £1.2m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Drainfast Limited have?

Drainfast Limited reported an average of 76 employees in the year to 31 Dec 2024.

Is Drainfast Limited profitable?

Yes — Drainfast Limited reported a profit of £1.2m in the year to 31 Dec 2024.

Company No. 07133601 · Incorporated 22 Jan 2010

Drainfast Limited

Registered name: DRAINFAST LIMITED

Drainfast Limited made £23.5m revenue and £1.2m profit in the year to 31 Dec 2024.

Drainfast Limited’s revenue grew 14% to £23.5m in the year to 31 Dec 2024, with £1.2m profit and 76 employees. The company is classified under “wholesale of hardware, plumbing and heating equipment and supplies” and is based in Alton; we hold 3 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: Alton, South East
Age: 16 yrs · since 2010
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentOperating leverageBoring industryCash flow filed

Revenue

£23.5m

Growth ▲13.7%

Profit

£1.2m

Growth ▲55.1%

Profit margin

5.2%

Gross 35.5%

Employees

Change ▲16.9%

Profit / employee

£15.9k

Revenue/employee £309k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£22.3m	£20.7m	£23.5m
Cost of sales	£13.8m	£13.5m	£15.1m
Gross profit	£8.5m	£7.2m	£8.3m
Operating profit	£2.5m	£923k	£1.5m
Profit before tax	£2.5m	£914k	£1.5m
Profit after tax	£2.1m	£781k	£1.2m
Profit (best available)	£2.1m	£781k	£1.2m
Staff costs	£3m	£3.1m	£3.5m
Employees (average)	61	65	76
Ratios
Profit margin	9.2%	3.8%	5.2%
Gross margin	38.3%	34.8%	35.5%
Revenue per employee	£366k	£318k	£309k
Profit per employee	£33.6k	£12k	£15.9k
Cash conversion	54.1%	132.6%	108%
Growth (year on year)
Revenue growth	—	▼7.4%	▲13.7%
Profit growth	—	▼61.9%	▲55.1%
Headcount growth	—	▲6.6%	▲16.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£201k	£2.1k	£155k
Net assets	£3.7m	£3.9m	£4.3m
Fixed assets	£1.4m	£2.7m	£2.7m
Current assets	£6.2m	£5.6m	£5.9m
Debtors	£2.7m	£2.8m	£3m
Deferred income	£462k	£568k	£534k
Cash from operations	£1.4m	£1.2m	£1.7m
Source	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 5.2%; Profit ÷ revenue.
Gross margin: 35.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £309k; Revenue ÷ average employees.
Profit per employee: £15.9k; Profit ÷ average employees.
Cash conversion: 108%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 11.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.9%; 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: ▲10%; Now £4.3m
Cash at bank: ▲7348%; Now £155k
Headcount: ▲17%; Now 76
Deferred income: ▼6%; Now £534k
Fixed assets: ▼2%; Now £2.7m

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

Subsidiaries (1)

Sitestak 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 Dec 2024 (profit £1.2m), from the Companies House accounts bulk data published Nov 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.