How much does Wheeler Electrical Limited make?

Wheeler Electrical Limited reported revenue of £23.9m and £2.1m profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Wheeler Electrical Limited have?

Wheeler Electrical Limited reported an average of 80 employees in the year to 31 May 2025.

Is Wheeler Electrical Limited profitable?

Yes — Wheeler Electrical Limited reported a profit of £2.1m in the year to 31 May 2025.

Company No. 00801027 · Incorporated 15 Apr 1964

Wheeler Electrical Limited

Registered name: WHEELER ELECTRICAL LIMITED

Part of TDH Wheeler Limited group

Wheeler Electrical Limited made £23.9m revenue and £2.1m profit in the year to 31 May 2025.

Wheeler Electrical Limited’s revenue grew 19% to £23.9m in the year to 31 May 2025, with £2.1m profit and 80 employees. The company is classified under “electrical installation” and is based in Hailsham; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active
Location: Hailsham, South East
Age: 62 yrs · since 1964
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 May 2025

Key figures

Capital-lightOperating leverageDoing more with lessBoring industryCash flow filed

Revenue

£23.9m

Growth ▲18.7%

Profit

£2.1m

Growth ▲175.9%

Profit margin

8.6%

Gross 22.5%

Employees

Change ▼11.1%

Profit / employee

£25.7k

Revenue/employee £298k

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 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.7m	£18.5m	£20.1m	£23.9m
Cost of sales	£12.7m	£14.7m	£16.4m	£18.5m
Gross profit	£3.1m	£3.8m	£3.7m	£5.4m
Operating profit	£952k	£1.3m	£986k	£2.7m
Profit before tax	£921k	£1.3m	£966k	£2.7m
Profit after tax	£750k	£1.2m	£744k	£2.1m
Profit (best available)	£750k	£1.2m	£744k	£2.1m
Staff costs	£3.3m	£3.9m	£3.8m	£3.5m
Employees (average)	88	96	90	80
Ratios
Profit margin	4.8%	6.5%	3.7%	8.6%
Gross margin	19.4%	20.4%	18.4%	22.5%
Revenue per employee	£179k	£192k	£223k	£298k
Profit per employee	£8.5k	£12.4k	£8.3k	£25.7k
Cash conversion	−105.4%	−11.3%	−197%	−149.2%
Growth (year on year)
Revenue growth	—	▲17.4%	▲8.8%	▲18.7%
Profit growth	—	▲59.1%	▼37.6%	▲175.9%
Headcount growth	—	▲9.1%	▼6.3%	▼11.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£128k	£1m	£2.8m
Net assets	£2.9m	£3.3m	£3.3m	£3.8m
Fixed assets	£895k	£985k	£931k	£1.2m
Current assets	£5.5m	£6.1m	£6.2m	£8.7m
Debtors	£2.7m	£4m	£3m	£1.9m
Cash from operations	−£1m	−£149k	−£1.9m	−£4m
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 8.6%; Profit ÷ revenue.
Gross margin: 22.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £298k; Revenue ÷ average employees.
Profit per employee: £25.7k; Profit ÷ average employees.
Cash conversion: −149.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.1%; 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: ▲15%; Now £3.8m
Cash at bank: ▲174%; Now £2.8m
Headcount: ▼11%; Now 80
Deferred income: —; Now —
Fixed assets: ▲26%; Now £1.2m

Corporate ownership

Group structure

Ownership chain

TDH Wheeler Limitedultimate parent75–100%
Wheeler Electrical Limitedthis company

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

Sister companies (2)

Farinet Associates LimitedFigures not disclosed
Wheeler Mep LimitedFigures not disclosed

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 May 2025 (profit £2.1m), from the Companies House accounts bulk data published Feb 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.