Coventry Plumbing & Heating Supplies Ltd
Registered name: COVENTRY PLUMBING & HEATING SUPPLIES LTD
Coventry Plumbing & Heating Supplies Ltd made £16.9m revenue and £1m profit in the year to 31 Jan 2025.
Coventry Plumbing & Heating Supplies Ltd’s revenue fell 10% to £16.9m in the year to 31 Jan 2025, with £1m profit and 46 employees. The company is classified under “other retail sale of new goods in specialised stores (not commercial art galleries and opticians)” and is based in Coventry; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Coventry, West Midlands
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £18.6m | £18.8m | £16.9m |
| Cost of sales | £15.3m | £15.5m | £13m |
| Gross profit | £3.3m | £3.3m | £3.9m |
| Operating profit | £1m | £451k | £1.3m |
| Profit before tax | £1m | £462k | £1.4m |
| Profit after tax | £843k | £234k | £1m |
| Profit (best available) | £843k | £234k | £1m |
| Staff costs | £1.5m | £1.6m | £1.7m |
| Employees (average) | 43 | 47 | 46 |
| Ratios | |||
| Profit margin | 4.5% | 1.2% | 6.1% |
| Gross margin | 17.9% | 17.6% | 23.1% |
| Revenue per employee | £433k | £399k | £368k |
| Profit per employee | £19.6k | £5k | £22.6k |
| Cash conversion | −94.6% | −466.9% | −99.5% |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.7% | ▼9.7% |
| Profit growth | — | ▼72.3% | ▲345.4% |
| Headcount growth | — | ▲9.3% | ▼2.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.2m | £5m | £5.9m |
| Net assets | £8m | £8m | £8.9m |
| Fixed assets | £103k | £85.7k | £113k |
| Current assets | £9.8m | £9.9m | £10.4m |
| Debtors | £1.9m | £1.8m | £1.6m |
| Cash from operations | −£956k | −£2.1m | −£1.3m |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 6.1%
- Profit ÷ revenue.
- Gross margin
- 23.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £368k
- Revenue ÷ average employees.
- Profit per employee
- £22.6k
- Profit ÷ average employees.
- Cash conversion
- −99.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.3%
- Money owed by customers. Low = customers pay quickly.
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
- ▲12%
- Now £8.9m
- Cash at bank
- ▲18%
- Now £5.9m
- Headcount
- ▼2%
- Now 46
- Deferred income
- —
- Now —
- Fixed assets
- ▲32%
- Now £113k
Similar profitable businesses
- Burford Garden Centre LimitedOther retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £16.9m
- Profit
- £1.2m
- Staff
- 183
- BFT Automation UK LimitedHeaton Mersey · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £17.4m
- Profit
- £1.4m
- Staff
- 36
- Pearman Briggs Leisure LimitedGloucester · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £16.1m
- Profit
- £160k
- Staff
- 28
- A10 Boiler Spares LimitedLondon · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £17.9m
- Profit
- £1.1m
- Staff
- 22
- Lake District Estates Company LimitedKendal · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £16m
- Profit
- £1.3m
- Staff
- 121
- Amenity Horticultural Services LimitedRye · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £18.3m
- Profit
- £1m
- Staff
- 24
Sources
Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £1m), from the Companies House accounts bulk data published Oct 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.