Exheat Industrial Limited
Registered name: EXHEAT INDUSTRIAL LIMITED
Part of Exheat Group Limited groupExheat Industrial Limited made £7m revenue and £696k profit in the year to 30 Aug 2024.
Exheat Industrial Limited’s revenue grew 17% to £7m in the year to 30 Aug 2024, with £696k profit and 54 employees. The company is classified under “manufacture of other electrical equipment” and is based in Norwich; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Norwich, East of England
- Age
- 34 yrs · since 1992
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 26 Aug 2022 | 25 Aug 2023 | 30 Aug 2023 | 30 Aug 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £6m | £7m |
| Cost of sales | — | — | £3m | £3.6m |
| Gross profit | — | — | £3m | £3.4m |
| Operating profit | — | — | £765k | £924k |
| Profit before tax | — | — | £768k | £928k |
| Profit after tax | — | — | £607k | £696k |
| Profit (best available) | — | — | £607k | £696k |
| Staff costs | — | — | £1.3m | £1.6m |
| Employees (average) | 49 | 51 | 51 | 54 |
| Ratios | ||||
| Profit margin | — | — | 10.1% | 9.9% |
| Gross margin | — | — | 50.7% | 48.8% |
| Revenue per employee | — | — | £118k | £130k |
| Profit per employee | — | — | £11.9k | £12.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲17.1% |
| Profit growth | — | — | — | ▲14.6% |
| Headcount growth | — | ▲4.1% | — | ▲5.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.7m | £1.1m | £1.1m | £1.6m |
| Net assets | £4.6m | £5.2m | £5.2m | £5.9m |
| Fixed assets | £64.8k | £120k | £120k | £116k |
| Current assets | £5.6m | £6.5m | £6.5m | £7.1m |
| Debtors | £923k | £919k | £919k | £1.1m |
| Deferred income | £279k | £408k | £408k | £519k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- 9.9%
- Profit ÷ revenue.
- Gross margin
- 48.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £130k
- Revenue ÷ average employees.
- Profit per employee
- £12.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.9%
- 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
- ▲13%
- Now £5.9m
- Cash at bank
- ▲44%
- Now £1.6m
- Headcount
- ▲6%
- Now 54
- Deferred income
- ▲27%
- Now £519k
- Fixed assets
- ▼3%
- Now £116k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Exheat Group Limitedultimate parent75–100%
- Exheat Industrial Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (9)
- Exheat LimitedRev. £16.8m · Profit £1.2m
- Corex Controls LtdFigures not disclosed
- Electric Heaters LimitedFigures not disclosed
- Ex Services (UK) LimitedFigures not disclosed
- Exheat Propco LimitedFigures not disclosed
- Heatex LimitedFigures not disclosed
- Roomfoss Control Systems LimitedRev. — · Profit £851k
- Roomfoss LimitedFigures not disclosed
- Seaward Safety LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Aeg Power Solutions Ltd.Welwyn Garden City · Manufacture of other electrical equipment
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Sources
Latest figures from FullAccounts for the year to 30 Aug 2024 (profit £696k), from the Companies House accounts bulk data published May 2025. 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.