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.
- Status
- Active
- Location
- Wednesbury, West Midlands
- Age
- 7 yrs · since 2019
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 1 | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | 19.9% | 1.1% | 1.2% | 1.9% |
| Gross margin | 41.3% | 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 |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Sep 2025 |
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.
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 —
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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.