New Heat Solutions LLP
Registered name: NEW HEAT SOLUTIONS LLP
New Heat Solutions LLP made £3m revenue and £0 profit in the year to 31 Mar 2025.
New Heat Solutions LLP’s revenue fell 1% to £3m in the year to 31 Mar 2025, with £0 profit and 9 employees. The company is based in Leigh-on-Sea; we hold 4 years of its filed accounts.
- Status
- Liquidation
- Location
- Leigh-on-Sea, East of England
- Age
- 13 yrs · since 2013
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
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 | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £3m | £3m |
| Cost of sales | — | — | £2.4m | £2.5m |
| Gross profit | — | — | £550k | £471k |
| Operating profit | — | — | £301k | £165k |
| Profit after tax | — | — | £0 | £0 |
| Profit (best available) | — | — | £0 | £0 |
| Employees (average) | 4 | 6 | 7 | 9 |
| Ratios | ||||
| Profit margin | — | — | 0% | 0% |
| Gross margin | — | — | 18.4% | 15.9% |
| Revenue per employee | — | — | £425k | £329k |
| Profit per employee | — | — | £0 | £0 |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼0.5% |
| Headcount growth | — | ▲50% | ▲16.7% | ▲28.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £146k | £153k | £44k | £70.9k |
| Net assets | — | — | — | — |
| Fixed assets | £29.8k | £23.3k | £26.7k | £20k |
| Current assets | £623k | £615k | £624k | £742k |
| Debtors | £252k | £228k | £403k | £437k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 15.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £329k
- Revenue ÷ average employees.
- Profit per employee
- £0
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.8%
- 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 —
- Cash at bank
- ▲61%
- Now £70.9k
- Headcount
- ▲29%
- Now 9
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £20k
Group structure
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £0), from the Companies House accounts bulk data published Dec 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.