How much does RMS Heating Ltd make?

RMS Heating Ltd reported revenue of £244k and £2.6k profit in the year to 28 Feb 2023, according to its accounts filed at Companies House.

How many employees does RMS Heating Ltd have?

RMS Heating Ltd reported an average of 0 employees in the year to 28 Feb 2023.

Is RMS Heating Ltd profitable?

Yes — RMS Heating Ltd reported a profit of £2.6k in the year to 28 Feb 2023.

Company No. 11834438 · Incorporated 19 Feb 2019

RMS Heating Ltd

Registered name: RMS HEATING LTD

RMS Heating Ltd made £244k revenue and £2.6k profit in the year to 28 Feb 2023.

RMS Heating Ltd’s revenue fell 36% to £244k in the year to 28 Feb 2023, with £2.6k profit and 0 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Wolverhampton; we hold 2 years of its filed accounts.

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

Status: Active - Proposal to Strike off
Location: Wolverhampton, West Midlands
Age: 7 yrs · since 2019
Type: Private Limited Company

Latest accounts · year to 28 Feb 2023

Key figures

IndependentSmall teamYoung and profitableBoring industry

Revenue

£244k

Growth ▼35.6%

Profit

£2.6k

Growth ▲3%

Profit margin

Gross 3.4%

Employees

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	28 Feb 2022	28 Feb 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£379k	£244k
Cost of sales	£370k	£236k
Gross profit	£8.9k	£8.2k
Operating profit	£2.5k	£3.1k
Profit before tax	£2.5k	£3.1k
Profit after tax	£2.5k	£2.6k
Profit (best available)	£2.5k	£2.6k
Employees (average)	—	0
Ratios
Profit margin	0.7%	1%
Gross margin	2.4%	3.4%
Growth (year on year)
Revenue growth	—	▼35.6%
Profit growth	—	▲3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.6k	£479
Net assets	£2.3k	£4.9k
Current assets	£49.9k	£51.4k
Debtors	£800	£800
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: 1%; Profit ÷ revenue.
Gross margin: 3.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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: 0.3%; 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: ▲110%; Now £4.9k
Cash at bank: ▼71%; Now £479
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 28 Feb 2023 (profit £2.6k), from the Companies House accounts bulk data published Nov 2023. 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.