M.g.heating & Ventilation Limited
Registered name: M.G.HEATING & VENTILATION LIMITED
M.g.heating & Ventilation Limited made £335k revenue and £18.2k profit in the year to 28 Feb 2026.
M.g.heating & Ventilation Limited’s revenue grew 1% to £335k in the year to 28 Feb 2026, with £18.2k profit and 4 employees. The company is classified under “repair of other equipment” and is based in Leeds; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 13 yrs · since 2013
- 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 | 28 Feb 2022 | 28 Feb 2023 | 28 Feb 2024 | 28 Feb 2025 | 28 Feb 2026 |
|---|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | — | — | £332k | £335k |
| Profit after tax | — | — | — | £11.2k | £18.2k |
| Profit (best available) | — | — | — | £11.2k | £18.2k |
| Staff costs | — | — | — | £49.5k | £71.3k |
| Employees (average) | 2 | 2 | 3 | 4 | 4 |
| Ratios | |||||
| Profit margin | — | — | — | 3.4% | 5.4% |
| Revenue per employee | — | — | — | £83.1k | £83.8k |
| Profit per employee | — | — | — | £2.8k | £4.5k |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | — | ▲0.8% |
| Profit growth | — | — | — | — | ▲62.7% |
| Headcount growth | — | 0% | ▲50% | ▲33.3% | 0% |
| Balance sheet — indirect signals, not revenue | |||||
| Net assets | £4.5k | £18k | £22.3k | £127k | £185k |
| Fixed assets | £1.1k | £1.1k | £1.1k | £1.1k | £1.1k |
| Current assets | £46.9k | £42k | £54.8k | £154k | £208k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 5.4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £83.8k
- Revenue ÷ average employees.
- Profit per employee
- £4.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- 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.
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
- ▲46%
- Now £185k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £1.1k
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2026 (profit £18.2k), from the Companies House accounts bulk data published Mar 2026. 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.