How much does Heat Spares Limited make?

Heat Spares Limited reported revenue of £1.4m and £59.9k profit in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does Heat Spares Limited have?

Heat Spares Limited reported an average of 4 employees in the year to 30 Sep 2025.

Is Heat Spares Limited profitable?

Yes — Heat Spares Limited reported a profit of £59.9k in the year to 30 Sep 2025.

Company No. SC100318 · Incorporated 30 Jul 1986

Heat Spares Limited

Registered name: HEAT SPARES LIMITED

Heat Spares Limited made £1.4m revenue and £59.9k profit in the year to 30 Sep 2025.

Heat Spares Limited’s revenue fell 6% to £1.4m in the year to 30 Sep 2025, with £59.9k profit and 4 employees. The company is classified under “wholesale of other intermediate products” and is based in Shotts; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46760Wholesale of other intermediate products

Status: Active
Location: Shotts, Scotland
Age: 40 yrs · since 1986
Type: Private Limited Company

Latest accounts · year to 30 Sep 2025

Key figures

IndependentSmall teamCapital-light

Revenue

£1.4m

Growth ▼6.2%

Profit

£59.9k

Growth ▼12.1%

Profit margin

4.1%

Gross 28.9%

Employees

Change 0%

Profit / employee

£15k

Revenue/employee £362k

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	30 Sep 2022	30 Sep 2023	30 Sep 2024	30 Sep 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.3m	£1.5m	£1.5m	£1.4m
Cost of sales	£934k	£1.1m	£1.1m	£1m
Gross profit	£415k	£391k	£398k	£418k
Operating profit	£121k	£129k	£89.1k	£77.8k
Profit before tax	£120k	£127k	£88k	£76.7k
Profit after tax	£97.5k	£100k	£68.1k	£59.9k
Profit (best available)	£97.5k	£100k	£68.1k	£59.9k
Employees (average)	4	4	4	4
Ratios
Profit margin	7.2%	6.6%	4.4%	4.1%
Gross margin	30.7%	25.6%	25.8%	28.9%
Revenue per employee	£337k	£382k	£386k	£362k
Profit per employee	£24.4k	£25k	£17k	£15k
Growth (year on year)
Revenue growth	—	▲13.2%	▲1.1%	▼6.2%
Profit growth	—	▲2.5%	▼31.9%	▼12.1%
Headcount growth	—	0%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£86.7k	£124k	£126k	£77.4k
Net assets	£434k	£457k	£434k	£392k
Fixed assets	£5.5k	£4.1k	£3.1k	£2.3k
Current assets	£660k	£683k	£656k	£571k
Debtors	£184k	£183k	£169k	£142k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 4.1%; Profit ÷ revenue.
Gross margin: 28.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £362k; Revenue ÷ average employees.
Profit per employee: £15k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.8%; 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: ▼10%; Now £392k
Cash at bank: ▼39%; Now £77.4k
Headcount: 0%; Now 4
Deferred income: —; Now —
Fixed assets: ▼25%; Now £2.3k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £59.9k), from the Companies House accounts bulk data published Jun 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.