Accra Taps and Valves Ltd
Registered name: ACCRA TAPS AND VALVES LTD
Accra Taps and Valves Ltd made £1.1m revenue and £119k profit in the year to 30 Jun 2025.
Accra Taps and Valves Ltd’s revenue grew 70% to £1.1m in the year to 30 Jun 2025, with £119k profit and 32 employees. The company is classified under “manufacture of taps and valves” and is based in Hitchin; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Hitchin, East of England
- Age
- 4 yrs · since 2022
- 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 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £663k | £1.1m |
| Cost of sales | — | £320k | £549k |
| Gross profit | — | £343k | £575k |
| Operating profit | — | £78.7k | £130k |
| Profit before tax | — | £73.2k | £123k |
| Profit after tax | — | £70.2k | £119k |
| Profit (best available) | — | £70.2k | £119k |
| Employees (average) | 10 | 10 | 32 |
| Ratios | |||
| Profit margin | — | 10.6% | 10.6% |
| Gross margin | — | 51.7% | 51.2% |
| Revenue per employee | — | £66.3k | £35.1k |
| Profit per employee | — | £7k | £3.7k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲69.6% |
| Profit growth | — | — | ▲69.6% |
| Headcount growth | — | 0% | ▲220% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £79.5k | £362k |
| Net assets | £267k | £297k | £1.6m |
| Fixed assets | £138k | £177k | £420k |
| Current assets | £129k | £220k | £2m |
| Debtors | — | £60.8k | £60.8k |
| Deferred income | — | £3.8k | £23.6k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 10.6%
- Profit ÷ revenue.
- Gross margin
- 51.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £35.1k
- Revenue ÷ average employees.
- Profit per employee
- £3.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 37.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.4%
- 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
- ▲441%
- Now £1.6m
- Cash at bank
- ▲355%
- Now £362k
- Headcount
- ▲220%
- Now 32
- Deferred income
- ▲528%
- Now £23.6k
- Fixed assets
- ▲136%
- Now £420k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £119k), from the Companies House accounts bulk data published Aug 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.