How much does Fair Heat Limited make?

Fair Heat Limited reported revenue of £20.4m and £1.4m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Fair Heat Limited have?

Fair Heat Limited reported an average of 107 employees in the year to 31 Dec 2025.

Is Fair Heat Limited profitable?

Yes — Fair Heat Limited reported a profit of £1.4m in the year to 31 Dec 2025.

Company No. 09408296 · Incorporated 27 Jan 2015

Fair Heat Limited

Registered name: FAIR HEAT LIMITED

Part of Fair Heat Eot Trustee Limited group

Fair Heat Limited made £20.4m revenue and £1.4m profit in the year to 31 Dec 2025.

Fair Heat Limited’s revenue grew 45% to £20.4m in the year to 31 Dec 2025, with £1.4m profit and 107 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: London, London
Age: 11 yrs · since 2015
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 2025

Key figures

Capital-lightOperating leverageBoring industry

Revenue

£20.4m

Growth ▲45.2%

Profit

£1.4m

Growth ▲54.4%

Profit margin

6.8%

Gross 25.3%

Employees

107

Change ▲57.4%

Profit / employee

£12.9k

Revenue/employee £191k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Profit only	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£14.1m	£20.4m
Cost of sales	—	—	£9.9m	£15.3m
Gross profit	—	—	£4.2m	£5.2m
Operating profit	—	—	£1.4m	£2m
Profit before tax	—	—	£1.4m	£2m
Profit after tax	£1m	£584k	£893k	£1.4m
Profit (best available)	£1m	£584k	£893k	£1.4m
Staff costs	—	—	£4.6m	£7.5m
Employees (average)	29	36	68	107
Ratios
Profit margin	—	—	6.3%	6.8%
Gross margin	—	—	29.8%	25.3%
Revenue per employee	—	—	£207k	£191k
Profit per employee	£35.3k	£16.2k	£13.1k	£12.9k
Growth (year on year)
Revenue growth	—	—	—	▲45.2%
Profit growth	—	▼42.9%	▲52.8%	▲54.4%
Headcount growth	—	▲24.1%	▲88.9%	▲57.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£889k	£713k	£1m	£2.8m
Net assets	£987k	£916k	£806k	£1.2m
Fixed assets	£155k	£180k	£156k	£262k
Current assets	£2.3m	£2.4m	£3.3m	£7.6m
Debtors	£1.3m	£1.1m	£1.7m	£3.8m
Deferred income	—	—	£511k	£794k
Source	FilletedAccounts · bulk data Dec 2024	FilletedAccounts · bulk data Dec 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 6.8%; Profit ÷ revenue.
Gross margin: 25.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £191k; 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: 1.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.8%; 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: ▲44%; Now £1.2m
Cash at bank: ▲177%; Now £2.8m
Headcount: ▲57%; Now 107
Deferred income: ▲55%; Now £794k
Fixed assets: ▲68%; Now £262k

Corporate ownership

Group structure

Ownership chain

Fair Heat Eot Trustee Limitedultimate parent75–100%
Fair Heat Holding Company Limited75–100%
Fair Heat Limitedthis company

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

Sister companies (1)

Caldessa LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.4m), from the Companies House accounts bulk data published Sep 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.