Heatwave IT Ltd
Registered name: HEATWAVE IT LTD
Heatwave IT Ltd made £9.5k revenue and £1k profit in the year to 29 Mar 2025.
Heatwave IT Ltd’s revenue fell 54% to £9.5k in the year to 29 Mar 2025, with £1k profit and 1 employee. The company is classified under “information technology consultancy activities” and is based in Reading; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Reading, South East
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 29 Mar 2022 | 29 Mar 2023 | 29 Mar 2024 | 29 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £20.8k | £9.5k |
| Profit after tax | — | — | £3.1k | £1k |
| Profit (best available) | — | — | £3.1k | £1k |
| Staff costs | — | — | £0 | £0 |
| Employees (average) | — | 0 | 1 | 1 |
| Ratios | ||||
| Profit margin | — | — | 14.9% | 10.7% |
| Revenue per employee | — | — | £20.8k | £9.5k |
| Profit per employee | — | — | £3.1k | £1k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼54.4% |
| Profit growth | — | — | — | ▼67.3% |
| Headcount growth | — | — | — | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £289 | £214 | £800 | £1k |
| Fixed assets | £289 | £214 | £800 | £1k |
| Current assets | £0 | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 10.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £9.5k
- Revenue ÷ average employees.
- Profit per employee
- £1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.5%
- 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.
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
- ▲25%
- Now £1k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲25%
- Now £1k
Sources
Latest figures from FullAccounts for the year to 29 Mar 2025 (profit £1k), from the Companies House accounts bulk data published Dec 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.