How much does H C Coils Ltd. make?

H C Coils Ltd. reported revenue of £10.3m and £1.8m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does H C Coils Ltd. have?

H C Coils Ltd. reported an average of 70 employees in the year to 31 Dec 2024.

Is H C Coils Ltd. profitable?

Yes — H C Coils Ltd. reported a profit of £1.8m in the year to 31 Dec 2024.

Company No. 08103386 · Incorporated 13 Jun 2012

H C Coils Ltd.

Registered name: H C COILS LTD.

Part of Bergman And Beving Ab group

H C Coils Ltd. made £10.3m revenue and £1.8m profit in the year to 31 Dec 2024. read from filing text

H C Coils Ltd.’s revenue fell 7% to £10.3m in the year to 31 Dec 2024, with £1.8m profit and 70 employees. The company is classified under “manufacture of non-domestic cooling and ventilation equipment” and is based in Fareham; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 28250Manufacture of non-domestic cooling and ventilation equipment

Status: Active
Location: Fareham, South East
Age: 14 yrs · since 2012
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: “Until 10 July 2025”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£10.3m

Growth ▼7%

Profit

£1.8m

Growth ▲9.8%

Profit margin

17.4%

Gross 39.4%

Employees

Change ▲2.9%

Profit / employee

£25.6k

Revenue/employee £147k

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&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£9.5m	£11.1m	£10.3m
Cost of sales	£7.2m	£6.9m	£6.2m
Gross profit	£2.3m	£4.1m	£4.1m
Operating profit	£476k	£2.1m	£2.4m
Profit before tax	£465k	£2.1m	£2.4m
Profit after tax	£404k	£1.6m	£1.8m
Profit (best available)	£404k	£1.6m	£1.8m
Staff costs	£2.1m	£2.4m	£2.5m
Employees (average)	63	68	70
Ratios
Profit margin	4.3%	14.8%	17.4%
Gross margin	24.5%	37.3%	39.4%
Revenue per employee	£151k	£163k	£147k
Profit per employee	£6.4k	£24k	£25.6k
Growth (year on year)
Revenue growth	—	▲16.4%	▼7%
Profit growth	—	▲304%	▲9.8%
Headcount growth	—	▲7.9%	▲2.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£60.3k	£6.5k	£63.9k
Net assets	£871k	£1m	£1.3m
Current assets	£3.6m	£3.9m	£3.5m
Debtors	£1.8m	£1.7m	£1.6m
Deferred income	£293k	£389k	£311k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 17.4%; Profit ÷ revenue.
Gross margin: 39.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £147k; Revenue ÷ average employees.
Profit per employee: £25.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.6%; 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: ▲29%; Now £1.3m
Cash at bank: ▲880%; Now £63.9k
Headcount: ▲3%; Now 70
Deferred income: ▼20%; Now £311k
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Bergman And Beving Ab (registered outside the UK register)ultimate parent75–100%
Bergman & Beving Invest Ltd75–100%
H C Coils Topco Limited75–100%
H C Coils Ltd.this company

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

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 £1.8m), from the Companies House accounts bulk data published Sep 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.