How much does T Neal Heating Limited make?

T Neal Heating Limited reported revenue of £78.6k and £28.8k profit in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does T Neal Heating Limited have?

T Neal Heating Limited reported an average of 1 employee in the year to 28 Feb 2025.

Is T Neal Heating Limited profitable?

Yes — T Neal Heating Limited reported a profit of £28.8k in the year to 28 Feb 2025.

Company No. 10609254 · Incorporated 8 Feb 2017

T Neal Heating Limited

Registered name: T NEAL HEATING LIMITED

T Neal Heating Limited made £78.6k revenue and £28.8k profit in the year to 28 Feb 2025.

T Neal Heating Limited’s revenue grew 1% to £78.6k in the year to 28 Feb 2025, with £28.8k profit and 1 employee. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Bulphan; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: Bulphan, London
Age: 9 yrs · since 2017
Type: Private Limited Company

Latest accounts · year to 28 Feb 2025

Key figures

IndependentSmall teamCapital-lightBoring industry

Revenue

£78.6k

Growth ▲1.3%

Profit

£28.8k

Growth ▼14.7%

Profit margin

36.6%

Gross 83.6%

Employees

Change 0%

Profit / employee

£28.8k

Revenue/employee £78.6k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	28 Feb 2022	28 Feb 2023	29 Feb 2024	28 Feb 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£67.6k	£80.7k	£77.6k	£78.6k
Cost of sales	£11k	£12.1k	£12.7k	£12.9k
Gross profit	£56.6k	£68.7k	£64.9k	£65.7k
Operating profit	£36.1k	£47.8k	£41.6k	£36.7k
Profit before tax	£36k	£47.6k	£41.7k	£35.5k
Profit after tax	£29.2k	£38.5k	£33.8k	£28.8k
Profit (best available)	£29.2k	£38.5k	£33.8k	£28.8k
Employees (average)	1	1	1	1
Ratios
Profit margin	43.1%	47.7%	43.5%	36.6%
Gross margin	83.8%	85%	83.7%	83.6%
Revenue per employee	£67.6k	£80.7k	£77.6k	£78.6k
Profit per employee	£29.2k	£38.5k	£33.8k	£28.8k
Growth (year on year)
Revenue growth	—	▲19.5%	▼3.9%	▲1.3%
Profit growth	—	▲32.2%	▼12.4%	▼14.7%
Headcount growth	—	0%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£12.4k	£15.2k	£21.4k	£18.9k
Net assets	£6.8k	£18.3k	£15.1k	£13.1k
Fixed assets	£2.1k	£2.4k	£1.6k	£3.5k
Current assets	£22.1k	£34.1k	£38.6k	£30.4k
Debtors	£9.7k	£19k	£17.2k	£11.5k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 36.6%; Profit ÷ revenue.
Gross margin: 83.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £78.6k; Revenue ÷ average employees.
Profit per employee: £28.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.7%; 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: ▼13%; Now £13.1k
Cash at bank: ▼12%; Now £18.9k
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: ▲119%; Now £3.5k

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 28 Feb 2025 (profit £28.8k), 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.