How much does Carlisle Refrigeration Limited make?

Carlisle Refrigeration Limited reported revenue of £20.1m and £774k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Carlisle Refrigeration Limited have?

Carlisle Refrigeration Limited reported an average of 106 employees in the year to 31 Dec 2024.

Is Carlisle Refrigeration Limited profitable?

Yes — Carlisle Refrigeration Limited reported a profit of £774k in the year to 31 Dec 2024.

Company No. 01844394 · Incorporated 30 Aug 1984

Carlisle Refrigeration Limited

Registered name: CARLISLE REFRIGERATION LIMITED

Part of Trane Technologies Plc group

Carlisle Refrigeration Limited made £20.1m revenue and £774k profit in the year to 31 Dec 2024.

Carlisle Refrigeration Limited’s revenue was £20.1m in the year to 31 Dec 2024, with £774k profit and 106 employees. The company is classified under “repair of other equipment” and is based in Carlisle; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33190Repair of other equipment

Status: Active
Location: Carlisle, North West
Age: 42 yrs · since 1984
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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£20.1m

Growth —

Profit

£774k

Growth —

Profit margin

3.9%

Gross 21.1%

Employees

106

Change —

Profit / employee

£7.3k

Revenue/employee £190k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£14.4m	£20.1m
Cost of sales	£11.2m	£15.9m
Gross profit	£3.3m	£4.2m
Operating profit	£1.2m	£1.1m
Profit before tax	£1.3m	£1.1m
Profit after tax	£958k	£774k
Profit (best available)	£958k	£774k
Staff costs	£3.7m	£5.8m
Employees (average)	101	106
Ratios
Profit margin	6.6%	3.9%
Gross margin	22.7%	21.1%
Revenue per employee	£143k	£190k
Profit per employee	£9.5k	£7.3k
Balance sheet — indirect signals, not revenue
Cash at bank	£251k	£85.9k
Net assets	£18.2m	£7.7m
Fixed assets	£1.8m	£1.8m
Current assets	£20.8m	£11m
Debtors	£3.4m	£3.1m
Deferred income	£437k	£667k
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 3.9%; Profit ÷ revenue.
Gross margin: 21.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £190k; Revenue ÷ average employees.
Profit per employee: £7.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.6%; 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 £7.7m
Cash at bank: —; Now £85.9k
Headcount: —; Now 106
Deferred income: —; Now £667k
Fixed assets: —; Now £1.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Trane Technologies Plc (registered outside the UK register)ultimate parent75–100%
Trane UK Limited75–100%
Carlisle Refrigeration (Holdings) Limited75–100%
Carlisle Refrigeration Limitedthis company

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

Subsidiaries (1)

Thermo King Northern LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £774k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Updated from Companies House on 24 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.