How much does Team Valve and Rotating Services Limited make?

Team Valve and Rotating Services Limited reported revenue of £9.1m and £416k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Team Valve and Rotating Services Limited have?

Team Valve and Rotating Services Limited reported an average of 61 employees in the year to 31 Dec 2024.

Is Team Valve and Rotating Services Limited profitable?

Yes — Team Valve and Rotating Services Limited reported a profit of £416k in the year to 31 Dec 2024.

Company No. 03018403 · Incorporated 6 Feb 1995

Team Valve and Rotating Services Limited

Registered name: TEAM VALVE AND ROTATING SERVICES LIMITED

Part of Team, Inc. group

Team Valve and Rotating Services Limited made £9.1m revenue and £416k profit in the year to 31 Dec 2024. read from filing text

Team Valve and Rotating Services Limited’s revenue grew 10% to £9.1m in the year to 31 Dec 2024, with £416k profit and 61 employees. The company is classified under “repair of machinery” and is based in Kendal; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33120Repair of machinery SIC 33190Repair of other equipment

Status: Active
Location: Kendal, North West
Age: 31 yrs · since 1995
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 wholly owned subsidiary of”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightBoring industry

Revenue

£9.1m

Growth ▲10.2%

Profit

£416k

Growth ▼38%

Profit margin

4.6%

Gross 17.6%

Employees

Change 0%

Profit / employee

£6.8k

Revenue/employee £149k

Profitable streak

3yrs

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£7.6m	£8.2m	£9.1m
Cost of sales	£5.6m	£6.4m	£7.5m
Gross profit	£2m	£1.8m	£1.6m
Operating profit	£814k	£531k	£298k
Profit before tax	£902k	£684k	£522k
Profit after tax	£896k	£671k	£416k
Profit (best available)	£896k	£671k	£416k
Staff costs	£3.4m	£3.6m	£3.8m
Employees (average)	59	61	61
Ratios
Profit margin	11.8%	8.2%	4.6%
Gross margin	26.1%	21.8%	17.6%
Revenue per employee	£128k	£135k	£149k
Profit per employee	£15.2k	£11k	£6.8k
Growth (year on year)
Revenue growth	—	▲8.7%	▲10.2%
Profit growth	—	▼25.1%	▼38%
Headcount growth	—	▲3.4%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£740k	£700k	£269k
Net assets	£4.5m	£5.1m	£5.5m
Fixed assets	£147k	£196k	£333k
Current assets	£5.9m	£6.4m	£7m
Debtors	£1m	£772k	£1.1m
Deferred income	£143k	£141k	£192k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 4.6%; Profit ÷ revenue.
Gross margin: 17.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £149k; Revenue ÷ average employees.
Profit per employee: £6.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.8%; 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: ▲8%; Now £5.5m
Cash at bank: ▼62%; Now £269k
Headcount: 0%; Now 61
Deferred income: ▲36%; Now £192k
Fixed assets: ▲70%; Now £333k

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

Team, Inc. (registered outside the UK register)ultimate parent75–100%
Team Industrial Services (UK) Holding Limited75–100%
Team Valve and Rotating Services Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £416k), from the Companies House accounts bulk data published Dec 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.