Precise Plumbing & Gas Limited
Registered name: PRECISE PLUMBING & GAS LIMITED
Precise Plumbing & Gas Limited made £198k revenue and £12.2k profit in the year to 31 Dec 2024.
Precise Plumbing & Gas Limited’s revenue grew 170% to £198k in the year to 31 Dec 2024, with £12.2k profit and 4 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Bromley; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bromley, London
- Age
- 7 yrs · since 2018
- 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 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £53.6k | £73.6k | £198k |
| Cost of sales | £29.5k | £27.2k | £53.6k |
| Gross profit | £24.1k | £46.4k | £145k |
| Operating profit | £14.8k | £8.6k | £15.1k |
| Profit before tax | £14.1k | £8.6k | £15.1k |
| Profit after tax | £11.9k | £6.9k | £12.2k |
| Profit (best available) | £11.9k | £6.9k | £12.2k |
| Employees (average) | 0 | 0 | 4 |
| Ratios | |||
| Profit margin | 22.1% | 9.4% | 6.2% |
| Gross margin | 45% | 63% | 73% |
| Revenue per employee | — | — | £49.6k |
| Profit per employee | — | — | £3.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲37.4% | ▲169.6% |
| Profit growth | — | ▼41.4% | ▲76.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £26.8k | £18.4k | £4.1k |
| Net assets | −£9.5k | −£734 | £2.2k |
| Fixed assets | £7.5k | £8 | — |
| Current assets | £28.3k | £26k | £21.7k |
| Debtors | £1.4k | £7.6k | £13.5k |
| Deferred income | — | £2k | — |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 6.2%
- Profit ÷ revenue.
- Gross margin
- 73%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £49.6k
- Revenue ÷ average employees.
- Profit per employee
- £3.1k
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.8%
- 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
- —
- Now £2.2k
- Cash at bank
- ▼78%
- Now £4.1k
- Headcount
- —
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £12.2k), 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.