How much does Principal Cooling Ltd make?

Principal Cooling Ltd reported revenue of £10.2m and £359k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Principal Cooling Ltd have?

Principal Cooling Ltd reported an average of 47 employees in the year to 31 Mar 2025.

Is Principal Cooling Ltd profitable?

Yes — Principal Cooling Ltd reported a profit of £359k in the year to 31 Mar 2025.

Company No. NI047067 · Incorporated 27 Jun 2003

Principal Cooling Ltd

Registered name: PRINCIPAL COOLING LTD

Principal Cooling Ltd made £10.2m revenue and £359k profit in the year to 31 Mar 2025.

Principal Cooling Ltd’s revenue fell 23% to £10.2m in the year to 31 Mar 2025, with £359k profit and 47 employees. The company is classified under “installation of industrial machinery and equipment” and is based in Dungannon; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33200Installation of industrial machinery and equipment SIC 71121Engineering design activities for industrial process and production

Status: Active
Location: Dungannon, Northern Ireland
Age: 23 yrs · since 2003
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£10.2m

Growth ▼22.8%

Profit

£359k

Growth ▲464.5%

Profit margin

3.5%

Gross 24.3%

Employees

Change ▼9.6%

Profit / employee

£7.6k

Revenue/employee £216k

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 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)	£12.1m	£11.8m	£13.2m	£10.2m
Cost of sales	£10.1m	£9.3m	£10.8m	£7.7m
Gross profit	£2m	£2.6m	£2.4m	£2.5m
Operating profit	£389k	£363k	£131k	£389k
Profit before tax	£379k	£353k	£121k	£370k
Profit after tax	£362k	£416k	£63.7k	£359k
Profit (best available)	£362k	£416k	£63.7k	£359k
Staff costs	£2.2m	£2.4m	£2.2m	£2m
Employees (average)	64	60	52	47
Ratios
Profit margin	3%	3.5%	0.5%	3.5%
Gross margin	16.7%	21.6%	18.1%	24.3%
Revenue per employee	£190k	£197k	£253k	£216k
Profit per employee	£5.7k	£6.9k	£1.2k	£7.6k
Cash conversion	−94.4%	29.1%	−295%	−117%
Growth (year on year)
Revenue growth	—	▼2.6%	▲11.4%	▼22.8%
Profit growth	—	▲15.1%	▼84.7%	▲464.5%
Headcount growth	—	▼6.3%	▼13.3%	▼9.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£768k	£519k	£341k	£650k
Net assets	£1.2m	£1.6m	£1.6m	£1.9m
Fixed assets	£299k	£340k	£782k	£690k
Current assets	£3.7m	£3.5m	£3.1m	£3m
Debtors	£2.1m	£2m	£1.6m	£1.5m
Deferred income	—	—	£6.8k	£6k
Cash from operations	−£367k	£105k	−£387k	−£456k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 3.5%; Profit ÷ revenue.
Gross margin: 24.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £216k; Revenue ÷ average employees.
Profit per employee: £7.6k; Profit ÷ average employees.
Cash conversion: −117%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.4%; 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: ▲19%; Now £1.9m
Cash at bank: ▲91%; Now £650k
Headcount: ▼10%; Now 47
Deferred income: ▼11%; Now £6k
Fixed assets: ▼12%; Now £690k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £359k), from the Companies House accounts bulk data published Feb 2026. 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.