Thorneycroft Heating Services Ltd
Registered name: THORNEYCROFT HEATING SERVICES LTD
Thorneycroft Heating Services Ltd made £124k revenue and £16.4k profit in the year to 30 Apr 2025.
Thorneycroft Heating Services Ltd’s revenue grew 62% to £124k in the year to 30 Apr 2025, with £16.4k profit and 2 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Rhydaman; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Rhydaman, Wales
- Age
- 3 yrs · since 2023
- 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 Apr 2024 | 30 Apr 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £76.7k | £124k |
| Cost of sales | £44.6k | — |
| Gross profit | £32.1k | — |
| Operating profit | £14.3k | — |
| Profit before tax | £14.3k | — |
| Profit after tax | £14.3k | £16.4k |
| Profit (best available) | £14.3k | £16.4k |
| Staff costs | £0 | £13.8k |
| Employees (average) | 1 | 2 |
| Ratios | ||
| Profit margin | 18.6% | 13.2% |
| Gross margin | 41.9% | — |
| Revenue per employee | £76.7k | £62k |
| Profit per employee | £14.3k | £8.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▲61.6% |
| Profit growth | — | ▲14.4% |
| Headcount growth | — | ▲100% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £4.7k | — |
| Net assets | £14.3k | £5k |
| Fixed assets | £3.1k | £603 |
| Current assets | £12.2k | £4.4k |
| Debtors | £3.3k | — |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- 13.2%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £62k
- Revenue ÷ average employees.
- Profit per employee
- £8.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼65%
- Now £5k
- Cash at bank
- —
- Now —
- Headcount
- ▲100%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼81%
- Now £603
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £16.4k), from the Companies House accounts bulk data published May 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.