How much does Just Taps Plus (UK) Limited make?

Just Taps Plus (UK) Limited reported revenue of £14.6m and £3.9m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Just Taps Plus (UK) Limited have?

Just Taps Plus (UK) Limited reported an average of 34 employees in the year to 31 Dec 2024.

Is Just Taps Plus (UK) Limited profitable?

Yes — Just Taps Plus (UK) Limited reported a profit of £3.9m in the year to 31 Dec 2024.

Company No. 07462410 · Incorporated 7 Dec 2010

Just Taps Plus (UK) Limited

Registered name: JUST TAPS PLUS (UK) LIMITED

Just Taps Plus (UK) Limited made £14.6m revenue and £3.9m profit in the year to 31 Dec 2024.

Just Taps Plus (UK) Limited’s revenue grew 15% to £14.6m in the year to 31 Dec 2024, with £3.9m profit and 34 employees. The company is classified under “wholesale of hardware, plumbing and heating equipment and supplies” and is based in Langley; 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: Langley, South East
Age: 15 yrs · since 2010
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightBoring industry

Revenue

£14.6m

Growth ▲15.3%

Profit

£3.9m

Growth ▼4.9%

Profit margin

26.4%

Gross 55.6%

Employees

Change 0%

Profit / employee

£114k

Revenue/employee £430k

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)	£11.3m	£12.7m	£14.6m
Cost of sales	£6.1m	£5.4m	£6.5m
Gross profit	£5.2m	£7.3m	£8.1m
Operating profit	£3.8m	£5.3m	£5.2m
Profit before tax	£3.7m	£5.3m	£5.2m
Profit after tax	£3m	£4.1m	£3.9m
Profit (best available)	£3m	£4.1m	£3.9m
Staff costs	£786k	£933k	£1.2m
Employees (average)	26	34	34
Ratios
Profit margin	26.9%	32%	26.4%
Gross margin	45.9%	57.3%	55.6%
Revenue per employee	£434k	£373k	£430k
Profit per employee	£117k	£119k	£114k
Cash conversion	−45.7%	−33.5%	—
Growth (year on year)
Revenue growth	—	▲12.5%	▲15.3%
Profit growth	—	▲34%	▼4.9%
Headcount growth	—	▲30.8%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£277k	£2.1m	£2.8m
Net assets	£8.9m	£12.7m	£16.3m
Fixed assets	£85.9k	£128k	£202k
Current assets	£10m	£14.3m	£17.5m
Debtors	£1.7m	£2m	£2.1m
Cash from operations	−£1.7m	−£1.8m	—
Source	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 26.4%; Profit ÷ revenue.
Gross margin: 55.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £430k; Revenue ÷ average employees.
Profit per employee: £114k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14%; 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: ▲28%; Now £16.3m
Cash at bank: ▲30%; Now £2.8m
Headcount: 0%; Now 34
Deferred income: —; Now —
Fixed assets: ▲58%; Now £202k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £3.9m), from the Companies House accounts bulk data published Apr 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.