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Company No. 10366249 · Incorporated 8 Sep 2016

Able Gas Heating Ltd

Registered name: ABLE GAS HEATING LTD

Able Gas Heating Ltd made £36.8k revenue and £5.2k profit in the year to 30 Sep 2024.

Able Gas Heating Ltd’s revenue grew 27% to £36.8k in the year to 30 Sep 2024, with £5.2k profit and 2 employees. The company is classified under “distribution of gaseous fuels through mains” and is based in Manchester; we hold 3 years of its filed accounts.

Status
Active
Location
Manchester, North West
Age
10 yrs · since 2016
Type
Private Limited Company
Latest accounts · year to 30 Sep 2024

Key figures

IndependentSmall team
Revenue
£36.8k
Growth ▲26.9%
Profit
£5.2k
Growth ▼51.7%
Profit margin
14.2%
 
Employees
2
Change ▲100%
Profit / employee
£2.6k
Revenue/employee £18.4k
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 to30 Sep 202230 Sep 202330 Sep 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£36.7k£29k£36.8k
Profit after tax£6.9k£10.8k£5.2k
Profit (best available)£6.9k£10.8k£5.2k
Employees (average)—12
Ratios
Profit margin18.7%37.4%14.2%
Revenue per employee—£29k£18.4k
Profit per employee—£10.8k£2.6k
Growth (year on year)
Revenue growth—▼21%▲26.9%
Profit growth—▲58.1%▼51.7%
Headcount growth——▲100%
Balance sheet — indirect signals, not revenue
Net assets£7k£10.8k£7k
Fixed assets£3.8k£5.5k£6.7k
Current assets£5.9k£6.6k£4k
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024FullAccounts · bulk data Jun 2025
Derived from the latest filing

How the business works

Profit margin
14.2%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£18.4k
Revenue ÷ average employees.
Profit per employee
£2.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
18.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
▼36%
Now £7k
Cash at bank
—
Now —
Headcount
▲100%
Now 2
Deferred income
—
Now —
Fixed assets
▲22%
Now £6.7k
Corporate ownership

Group structure

Minority corporate shareholders

  • Mr Osamah Aiar (registered outside the UK register)

From the Persons with Significant Control register (corporate controllers only).

Sources

Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £5.2k), from the Companies House accounts bulk data published Jun 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.