How much does Home Energy and Technology Ltd make?

Home Energy and Technology Ltd reported revenue of £7.4m and £842k profit in the year to 31 Oct 2023, according to its accounts filed at Companies House.

How many employees does Home Energy and Technology Ltd have?

Home Energy and Technology Ltd reported an average of 15 employees in the year to 31 Oct 2023.

Is Home Energy and Technology Ltd profitable?

Yes — Home Energy and Technology Ltd reported a profit of £842k in the year to 31 Oct 2023.

Company No. SC683959 · Incorporated 17 Dec 2020

Home Energy and Technology Ltd

Registered name: HOME ENERGY AND TECHNOLOGY LTD

Home Energy and Technology Ltd made £7.4m revenue and £842k profit in the year to 31 Oct 2023.

Home Energy and Technology Ltd’s revenue was £7.4m in the year to 31 Oct 2023, with £842k profit and 15 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Glasgow.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: Glasgow, Scotland
Age: 5 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Oct 2023

Key figures

IndependentCapital-lightYoung and profitableBoring industry

Revenue

£7.4m

Growth —

Profit

£842k

Growth —

Profit margin

11.3%

Employees

Change —

Profit / employee

£56.1k

Revenue/employee £494k

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2023
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£7.4m
Operating profit	£1.1m
Profit before tax	£1.1m
Profit after tax	£842k
Profit (best available)	£842k
Staff costs	£382k
Employees (average)	15
Ratios
Profit margin	11.3%
Revenue per employee	£494k
Profit per employee	£56.1k
Balance sheet — indirect signals, not revenue
Cash at bank	£513k
Net assets	£842k
Fixed assets	£711k
Current assets	£1.3m
Debtors	£673k
Source	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 11.3%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £494k; Revenue ÷ average employees.
Profit per employee: £56.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.1%; 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: —; Now £842k
Cash at bank: —; Now £513k
Headcount: —; Now 15
Deferred income: —; Now —
Fixed assets: —; Now £711k

Corporate ownership

Group structure

Minority corporate shareholders

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Oct 2023 (profit £842k), from the Companies House accounts bulk data published Dec 2023. 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.