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Company No. 11779800 · Incorporated 22 Jan 2019

M. Phillips Heating & Plumbing Ltd

Registered name: M. PHILLIPS HEATING & PLUMBING LTD

M. Phillips Heating & Plumbing Ltd made £56.6k revenue and £1.1k profit in the year to 31 Mar 2025.

M. Phillips Heating & Plumbing Ltd’s revenue fell 25% to £56.6k in the year to 31 Mar 2025, with £1.1k profit and 1 employee. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Wednesbury; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation
Status
Active
Location
Wednesbury, West Midlands
Age
7 yrs · since 2019
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall teamBoring industry
Revenue
£56.6k
Growth ▼25%
Profit
£1.1k
Growth ▲18%
Profit margin
1.9%
Gross 17.7%
Employees
1
Change 0%
Profit / employee
£1.1k
Revenue/employee £56.6k
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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£58.5k£65.7k£75.4k£56.6k
Cost of sales£34.3k£51.4k£59.2k£46.6k
Gross profit£24.2k£14.3k£16.2k£10k
Operating profit£11.9k£1.4k£1.1k£1.5k
Profit before tax£11.9k£883£1.1k£1.3k
Profit after tax£11.7k£715£904£1.1k
Profit (best available)£11.7k£715£904£1.1k
Employees (average)1111
Ratios
Profit margin19.9%1.1%1.2%1.9%
Gross margin41.3%21.8%21.5%17.7%
Revenue per employee£58.5k£65.7k£75.4k£56.6k
Profit per employee£11.7k£715£904£1.1k
Growth (year on year)
Revenue growth—▲12.4%▲14.8%▼25%
Profit growth—▼93.9%▲26.4%▲18%
Headcount growth—0%0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£6.5k£9.1k£2.8k£4.3k
Net assets−£7.4k−£6.7k−£5.8k−£5.8k
Current assets——£2.8k£7k
Debtors——£0£2.7k
SourceFullAccounts · bulk data Oct 2023FullAccounts · bulk data Oct 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
1.9%
Profit ÷ revenue.
Gross margin
17.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£56.6k
Revenue ÷ average employees.
Profit per employee
£1.1k
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
4.7%
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
—
Now −£5.8k
Cash at bank
▲51%
Now £4.3k
Headcount
0%
Now 1
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.1k), 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.