NIGEL SMITH PLUMBING AND MECHANICAL SERVICES LTDActive
Key figures
Ratios
2024/25Balance sheet structure
Filed accounts2019/20–2024/25
| 2019/20 | 2020/21 | 2024/25 | |
|---|---|---|---|
| Turnover | — | — | 7,662,701 |
| Profit for the year | — | — | 11,483 |
| Cash at bank and in hand | 598,419 | 357,524 | 740,839 |
| Total assets | 5,161,998 | 5,502,555 | 5,576,158 |
| Total liabilities | 3,282,125 | 3,497,089 | 2,555,047 |
| Net assets / total equity | 2,151,944 | 2,217,516 | 3,124,958 |
| Average number of employees | 49 | 60 | 31 |
| Average pay (per year) | — | — | 80,728 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2025Business review We aim to present a balanced and comprehensive review of the development and performance of our business and its position at the year end. Our review is consistent with the size and non-complex nature of our business and is written in the context of the risks and uncertainties we face. We consider that our key financial indicators are those that communicate the performance and strength of the company as a whole, being revenue, profitability and return on capital employed. Revenue has decreased from £9,759,174 to £7,662,701 for the current year. This is the result of a challenging construction sector which has seen large fluctuations in customer appetite and has resulted in an operating profit of only £20,930 (2024 - £566,742). The return on capital employed is 1% (2024 - 19.1%). Return on capital employed is calculated as operating profit before exceptional items, interest and tax, divided by capital employed. As with many businesses of our size, the business environment in which we operate continues to be challenging. Principal Risks and Uncertainties The financial risk management within the company is governed by policies established by the Board of Directors and senior management. The policies cover interest risk and such areas as cash management. Company's exposure to various risks: Credit risk The company is not exposed to credit risk. All cash is deposited in UK banks. The principal amounts within debtors are amounts due from UK based customers and group
As described in the company's latest filed accounts.
Summary: NIGEL SMITH PLUMBING AND MECHANICAL SERVICES LTD
Company
NIGEL SMITH PLUMBING AND MECHANICAL SERVICES LTD is a private limited company registered with Companies House under company number 02572049. It was incorporated on 7 Jan 1991. Its status is active. The registered office is in Lincoln (LN6). Its nature of business (SIC 2007) is plumbing, heat and air-conditioning installation (43220).
Accounts
The latest accounts in the database are for 2024/25 (period ending 30 Jun 2025); the company files medium company accounts. Turnover was £7,662,701. Profit for the year was £11,483. Net assets were £3,124,958, up 40.9% on the previous year. Cash at bank and in hand was £740,839. Total assets were £5,576,158 and total liabilities £2,555,047. The company had an average of 31 employees. Figures are available for 3 financial years (2019/20–2024/25).
Control and charges
One person with significant control is registered.
Filing deadlines
The next accounts are due by 31 Mar 2027. The next confirmation statement is due by 15 Jun 2027.