ZIP HEATERS (UK) LTD
Get an alert when ZIP HEATERS (UK) LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£373k
-46.3% lowest in 3 filed years
Net assets
£67m
-0.4% vs 2024
Employees
321
+8.8% highest in 3 filed years
Profit before tax
£14m
+0.4% vs 2024
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £54,666,000 | £59,079,000 | £59,991,000 | +1.5% | |
| Operating profit | £11,883,000 | £13,430,000 | £13,004,000 | -3.2% | |
| Profit before tax | £12,011,000 | £13,848,000 | £13,906,000 | +0.4% | |
| Net profit | £10,561,000 | £10,337,000 | £10,479,000 | +1.4% | |
| Cash | £554,000 | £694,000 | £373,000 | -46.3% | |
| Total assets less current liabilities | £57,760,000 | £68,097,000 | £68,038,000 | -0.1% | |
| Net assets | £57,353,000 | £67,690,000 | £67,443,000 | -0.4% | |
| Equity | £57,353,000 | £67,690,000 | £67,443,000 | -0.4% | |
| Average employees | 278 | 295 | 321 | +8.8% | |
| Wages | £12,260,000 | £13,384,000 | £14,127,000 | +5.6% | |
| Directors' remuneration | £295,000 | £432,000 | £145,000 | -66.4% | |
| Directors' pension contributions | £13,000 | £14,000 | £10,000 | -28.6% | |
| Highest paid director | £228,000 | £254,000 | £83,000 | -67.3% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 21.7% | 22.7% | 21.7% | |
| Net margin | 19.3% | 17.5% | 17.5% | |
| Return on capital employed | 20.6% | 19.7% | 19.1% | |
| Gearing (liabilities / total assets) | 25.5% | 27.3% | 29.4% | |
| Current ratio | 3.90x | 3.64x | 3.37x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- ZIP HEATERS (UK) LTD 2012-11-08 → present
- ZIP INDUSTRIES (UK) LTD 2012-10-03 → 2012-11-08
- ZIP HEATERS (UK) LIMITED 1991-09-24 → 2012-10-03
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the directors continue to prepare the financial statements on a going concern basis.”
Significant events
- “In November 2025, the company also appointed a new managing director for the UK&I business, following the prior MD transitioning to a new role within the Culligan Group.”
- “Subsequent to the year end: On 2 July 2026, the company became a guarantor, alongside other group companies for the debt facilities raised by the wider Culligan Group...”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ABBOTT, Michael Richard | Director | 2025-08-29 | Aug 1967 | Australian |
| ASKEW, Thomas James | Director | 2025-03-07 | Jan 1984 | British |
| DOLAHENTY, Stephen Paul | Director | 2014-10-24 | Apr 1970 | Australian |
| SHEPHERD, Reyaan Edward | Director | 2025-12-18 | Aug 1989 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BINNIE, Christopher John | Secretary | 2002-03-01 | 2010-03-19 |
| BOWHILL, John Herbert Frederick | Secretary | 1993-03-25 | 2002-03-01 |
| HANNANT, Christopher James | Secretary | 2010-03-19 | 2016-03-31 |
| KENT, Jamie Christian | Secretary | 2018-01-18 | 2022-11-04 |
| WALSHE, Brian | Secretary | 2016-10-17 | 2017-12-31 |
| GRAY'S INN SECRETARIES LIMITED | Corporate Nominee Secretary | — | 1993-03-25 |
| BAMBER, Tracey Ann | Director | 2015-09-07 | 2022-11-01 |
| BINNIE, Christopher John | Director | 2004-07-01 | 2015-03-27 |
| BOWHILL, John Herbert Frederick | Director | 2010-06-29 | 2013-12-17 |
| BOWHILL, John Herbert Frederick | Director | 1993-03-01 | 2004-02-25 |
| BREWSTER, Stephen Michael | Director | — | 2004-11-03 |
| BUTLER, Alan Trevor | Director | 2008-05-01 | 2013-12-17 |
| CAMPBELL, Shaun Edward | Director | 2022-09-08 | 2025-08-29 |
| CHERTKOW, Brian | Director | 2010-07-31 | 2015-02-27 |
| CROUCH, Michael Jenkins | Director | — | 2013-12-17 |
| DOUMANI, John Anthony | Director | 2014-10-01 | 2025-08-29 |
| FOXALL, James Peter | Director | 2004-02-01 | 2009-06-30 |
| KENT, Jamie Christian | Director | 2022-11-04 | 2025-03-14 |
| KETT, Mark Steven | Director | 2015-11-10 | 2018-01-31 |
| LAWSON, Michael | Director | 1993-08-18 | 1994-02-16 |
| LEE, Michael | Director | 2005-01-01 | 2014-10-01 |
| MASSEY, Raymond Dennis | Director | 1993-08-18 | 2002-06-30 |
| POPE, Murray Robert | Director | 1999-08-01 | 2002-06-30 |
| SAMUEL, Kevin Ian | Director | 1999-10-27 | 2007-07-01 |
| SINCLAIR, Anthony | Director | 2002-06-01 | 2004-06-30 |
| VALLIS, John Edward | Director | 1997-10-01 | 2000-03-31 |
| WILLIAMS, Sarah Anne | Director | 2018-03-07 | 2024-10-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ai Aqua Zip Uk Limited | Corporate entity | Shares 75–100% | 2018-01-09 | Active |
Filing timeline
Last 20 of 191 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type full | |
| 2026-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-07-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-07-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-07 | AA | accounts | Accounts with accounts type full | |
| 2025-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-19 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-03-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-17 | AA | accounts | Accounts with accounts type full | |
| 2023-10-07 | AA | accounts | Accounts with accounts type full | |
| 2023-10-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-10 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-03-09 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.