How much does Wessex Electricals (Shaftesbury) Limited make?

Wessex Electricals (Shaftesbury) Limited reported revenue of £14.1m and £706k profit in the year to 29 Feb 2024, according to its accounts filed at Companies House.

How many employees does Wessex Electricals (Shaftesbury) Limited have?

Wessex Electricals (Shaftesbury) Limited reported an average of 116 employees in the year to 29 Feb 2024.

Is Wessex Electricals (Shaftesbury) Limited profitable?

Yes — Wessex Electricals (Shaftesbury) Limited reported a profit of £706k in the year to 29 Feb 2024.

Company No. 01053323 · Incorporated 5 May 1972

Wessex Electricals (Shaftesbury) Limited

Registered name: WESSEX ELECTRICALS (SHAFTESBURY) LIMITED

Part of Carp Topco Limited group

Wessex Electricals (Shaftesbury) Limited made £14.1m revenue and £706k profit in the year to 29 Feb 2024. read from filing text

Wessex Electricals (Shaftesbury) Limited’s revenue grew 22% to £14.1m in the year to 29 Feb 2024, with £706k profit and 116 employees. The company is classified under “electrical installation” and is based in Shaftesbury,; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active
Location: Shaftesbury,, South West
Age: 54 yrs · since 1972
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 29 Feb 2024

Key figures

Capital-lightOperating leverageBoring industry

Revenue

£14.1m

Growth ▲21.9%

Profit

£706k

Growth ▲224.5%

Profit margin

Gross 25.1%

Employees

116

Change ▲8.4%

Profit / employee

£6.1k

Revenue/employee £122k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	28 Feb 2022	28 Feb 2023	29 Feb 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£9.9m	£11.6m	£14.1m
Cost of sales	£7.6m	£9.1m	£10.6m
Gross profit	£2.3m	£2.5m	£3.5m
Operating profit	£339k	£301k	£874k
Profit before tax	£332k	£296k	£888k
Profit after tax	£281k	£218k	£706k
Profit (best available)	£281k	£218k	£706k
Staff costs	—	£4.2m	£4.7m
Employees (average)	99	107	116
Ratios
Profit margin	2.9%	1.9%	5%
Gross margin	23.3%	21.5%	25.1%
Revenue per employee	£99.7k	£108k	£122k
Profit per employee	£2.8k	£2k	£6.1k
Growth (year on year)
Revenue growth	—	▲17.6%	▲21.9%
Profit growth	—	▼22.6%	▲224.5%
Headcount growth	—	▲8.1%	▲8.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£2.9m	£2.1m
Net assets	£2.8m	£2.9m	£2.8m
Fixed assets	£751k	£655k	£894k
Current assets	£4m	£5.9m	£5.5m
Debtors	£1.4m	£1.6m	£2.3m
Deferred income	—	£297k	£465k
Source	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: 5%; Profit ÷ revenue.
Gross margin: 25.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £122k; Revenue ÷ average employees.
Profit per employee: £6.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.1%; 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: ▼4%; Now £2.8m
Cash at bank: ▼27%; Now £2.1m
Headcount: ▲8%; Now 116
Deferred income: ▲57%; Now £465k
Fixed assets: ▲36%; Now £894k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Carp Topco Limitedultimate parent75–100%
Carp Midco Limited75–100%
Andwis Group Limited75–100%
Wessex Group Limited75–100%
Wessex Electricals (Shaftesbury) Limitedthis company

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

Sister companies (1)

Wessex Fire and Security LimitedRev. £8.2m · Profit £455k

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 29 Feb 2024 (profit £706k), from the Companies House accounts bulk data published Jul 2024. 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.