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Company No. 00653648 · Incorporated 23 Mar 1960

Purmo Group (UK) Ltd

Registered name: PURMO GROUP (UK) LTD

Part of Apollo Global Management, Inc. group

Purmo Group (UK) Ltd made £78.1m revenue and a £30.4m loss in the year to 31 Dec 2025.

Purmo Group (UK) Ltd’s revenue was £78.1m in the year to 31 Dec 2025, with a loss of £30.4m. The company is classified under “manufacture of central heating radiators and boilers” and is based in Gateshead; we hold 3 years of its filed accounts.

Status
Active
Location
Gateshead, North East
Age
66 yrs · since 1960
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company is a subsidiary of Purmo Group Plc, which is the immediate controlling party.”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue
£78.1m
Growth ▼0.3%
Profit
−£30.4m
Growth —
Profit margin
−39%
Gross 22.9%
Employees
—
Change —
Profit / employee
—
 
Profitable streak
0yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&L
Profit & loss
Revenue (turnover)£81.7m£78.4m£78.1m
Cost of sales£62.8m£64m−£60.3m
Gross profit£18.9m£14.4m£17.9m
Operating profit−£7.3m−£27.5m−£26.9m
Profit before tax−£10.8m−£31.9m−£30.5m
Profit after tax−£8.2m−£39.8m−£30.4m
Profit (best available)−£8.2m−£39.8m−£30.4m
Staff costs£16.3m£16m—
Employees (average)344305—
Ratios
Profit margin−10%−50.8%−39%
Gross margin23.1%18.3%22.9%
Revenue per employee£238k£257k—
Profit per employee−£23.8k−£131k—
Growth (year on year)
Revenue growth—▼4.1%▼0.3%
Headcount growth—▼11.3%—
Balance sheet — indirect signals, not revenue
Cash at bank£1.4m£1.2m—
Net assets£8.7m£6.5m—
Debtors£7.2m£9m—
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025Accounts · bulk data Oct 2026
Derived from the latest filing

How the business works

Profit margin
−39%
Profit ÷ revenue.
Gross margin
22.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
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.
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 —
Cash at bank
—
Now —
Headcount
—
Now —
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Apollo Global Management, Inc. (registered outside the UK register)ultimate parent75–100%
  2. Purmo Group Topco (UK) Limited75–100%
  3. Purmo Group Midco (UK) Limited75–100%
  4. Purmo Group Holdco (UK) Limited75–100%
  5. Purmo Group (UK) Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Sister companies (3)

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

Sources

Latest figures from accounts for the year to 31 Dec 2025 (profit −£30.4m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.

Updated from Companies House on 25 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.