Refrigeration Norwest(Chester) Limited
Registered name: REFRIGERATION NORWEST(CHESTER) LIMITED
Refrigeration Norwest(Chester) Limited made £14.2m revenue and £1.1m profit in the year to 31 Dec 2025.
Refrigeration Norwest(Chester) Limited’s revenue grew 10% to £14.2m in the year to 31 Dec 2025, with £1.1m profit and 27 employees. The company is classified under “wholesale of radio, television goods & electrical household appliances (other than records, tapes, cd's & video tapes and the equipment used for playing them)” and is based in Hawarden Deeside; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hawarden Deeside, North West
- Age
- 56 yrs · since 1970
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £10.6m | £12.5m | £12.9m | £14.2m |
| Cost of sales | £8.2m | £9.9m | £10.3m | £9.4m |
| Gross profit | £2.4m | £2.5m | £2.6m | £4.7m |
| Operating profit | £951k | £765k | £625k | £1.4m |
| Profit before tax | £974k | £789k | £642k | £1.5m |
| Profit after tax | £766k | £597k | £475k | £1.1m |
| Profit (best available) | £766k | £597k | £475k | £1.1m |
| Staff costs | £670k | £714k | £813k | £1.2m |
| Employees (average) | 26 | 25 | 26 | 27 |
| Ratios | ||||
| Profit margin | 7.2% | 4.8% | 3.7% | 7.7% |
| Gross margin | 22.9% | 20.4% | 20.3% | 33.3% |
| Revenue per employee | £408k | £500k | £495k | £524k |
| Profit per employee | £29.5k | £23.9k | £18.3k | £40.6k |
| Cash conversion | −2.9% | 70.9% | −256.3% | −101.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲17.7% | ▲3% | ▲10% |
| Profit growth | — | ▼22.1% | ▼20.5% | ▲130.6% |
| Headcount growth | — | ▼3.9% | ▲4% | ▲3.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.3m | £331k | £1.4m | £2.6m |
| Net assets | £6.6m | £6.3m | £6.8m | £7.9m |
| Fixed assets | £1.3m | £1.3m | £1.3m | £1.4m |
| Current assets | £7.7m | £8.1m | £8.3m | £10.1m |
| Debtors | £1.3m | £1.6m | £1.5m | £1.6m |
| Cash from operations | −£27.4k | £542k | −£1.6m | −£1.5m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 7.7%
- Profit ÷ revenue.
- Gross margin
- 33.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £524k
- Revenue ÷ average employees.
- Profit per employee
- £40.6k
- Profit ÷ average employees.
- Cash conversion
- −101.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.2%
- 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
- ▲16%
- Now £7.9m
- Cash at bank
- ▲90%
- Now £2.6m
- Headcount
- ▲4%
- Now 27
- Deferred income
- —
- Now —
- Fixed assets
- ▲1%
- Now £1.4m
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.1m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 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.