Ab Refrigeration Contracting Limited
Registered name: AB REFRIGERATION CONTRACTING LIMITED
Part of RH2 Holdings Limited groupAb Refrigeration Contracting Limited made £38.6m revenue and £2.8m profit in the year to 31 Oct 2025.
Ab Refrigeration Contracting Limited’s revenue grew 45% to £38.6m in the year to 31 Oct 2025, with £2.8m profit and 58 employees. The company is classified under “repair of other equipment” and is based in Reigate; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Reigate, South East
- Age
- 16 yrs · since 2010
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £36.3m | £29.8m | £26.6m | £38.6m |
| Cost of sales | £29m | £23.1m | £20.1m | £29.5m |
| Gross profit | £7.3m | £6.7m | £6.5m | £9.1m |
| Operating profit | £957k | £2.3m | £1.9m | £3.5m |
| Profit before tax | £320k | £2.3m | £1.5m | £3.6m |
| Profit after tax | £256k | £1.8m | £1.2m | £2.8m |
| Profit (best available) | £256k | £1.8m | £1.2m | £2.8m |
| Staff costs | £4.1m | £2.8m | £3m | £3.6m |
| Employees (average) | 52 | 52 | 51 | 58 |
| Ratios | ||||
| Profit margin | 0.7% | 5.9% | 4.7% | 7.2% |
| Gross margin | 20.2% | 22.4% | 24.4% | 23.5% |
| Revenue per employee | £698k | £573k | £522k | £665k |
| Profit per employee | £4.9k | £33.8k | £24.3k | £47.6k |
| Cash conversion | −176% | −63.8% | −206.3% | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼10.6% | ▲44.8% |
| Profit growth | — | — | ▼29.4% | ▲123.1% |
| Headcount growth | — | — | ▼1.9% | ▲13.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £254k | £35.9k | £1.7m | £550k |
| Net assets | £1.5m | £2.1m | £2.7m | £5.4m |
| Fixed assets | £220k | £324k | £271k | £371k |
| Current assets | £9.4m | £7.9m | £12.1m | £14.4m |
| Debtors | £9.1m | £4.1m | £6.5m | £4.9m |
| Cash from operations | −£1.7m | −£1.5m | −£3.9m | — |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 7.2%
- Profit ÷ revenue.
- Gross margin
- 23.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £665k
- Revenue ÷ average employees.
- Profit per employee
- £47.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.8%
- 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
- ▲104%
- Now £5.4m
- Cash at bank
- ▼68%
- Now £550k
- Headcount
- ▲14%
- Now 58
- Deferred income
- —
- Now —
- Fixed assets
- ▲37%
- Now £371k
Group structure
Ownership chain
- RH2 Holdings Limitedultimate parent75–100%
- Ab Group Trustees Ltd75–100%
- RH2 Holdings Limited75–100%
- Ab Refrigeration Contracting Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Ab Group Trustees LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £2.8m), 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.