Nidec SR Drives Ltd.
Registered name: NIDEC SR DRIVES LTD.
Part of Nidec Motor Holdings Corporation groupNidec SR Drives Ltd. made £1.9m revenue and £95.5k profit in the year to 31 Mar 2025. read from filing text
Nidec SR Drives Ltd.’s revenue grew 4% to £1.9m in the year to 31 Mar 2025, with £95.5k profit and 16 employees. The company is classified under “other professional, scientific and technical activities” and is based in Harrogate; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Harrogate, Yorkshire and The Humber
- Age
- 46 yrs · since 1980
- 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. From the filing: “The company's immediate parent is Nidec Motor Holdings Corporation, residing in Japan.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £2m | £1.8m | £1.8m | £1.9m |
| Cost of sales | £789k | £752k | £749k | £786k |
| Gross profit | £1.2m | £1m | £1.1m | £1.1m |
| Profit before tax | £532k | £350k | £68.9k | £128k |
| Profit after tax | £476k | £274k | £46.1k | £95.5k |
| Profit (best available) | £476k | £274k | £46.1k | £95.5k |
| Staff costs | £915k | £1.1m | £1.1m | £1.2m |
| Employees (average) | 15 | 17 | 16 | 16 |
| Ratios | ||||
| Profit margin | 24.2% | 15.5% | 2.5% | 5% |
| Gross margin | 59.8% | 57.3% | 59.4% | 58.8% |
| Revenue per employee | £131k | £104k | £115k | £119k |
| Profit per employee | £31.7k | £16.1k | £2.9k | £6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼10.3% | ▲4.6% | ▲3.6% |
| Profit growth | — | ▼42.5% | ▼83.1% | ▲106.9% |
| Headcount growth | — | ▲13.3% | ▼5.9% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.6m | £5.5m | £2.8m | £2.8m |
| Net assets | £6.5m | £6.8m | £4.4m | £4.5m |
| Fixed assets | £331k | £230k | £158k | £124k |
| Current assets | £6.6m | £7m | £4.8m | £4.8m |
| Debtors | £59.7k | £0 | £240 | £239 |
| Deferred income | £57.1k | £66.8k | £103k | £106k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 5%
- Profit ÷ revenue.
- Gross margin
- 58.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £119k
- Revenue ÷ average employees.
- Profit per employee
- £6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- Money owed by customers. Low = customers pay quickly.
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
- ▲2%
- Now £4.5m
- Cash at bank
- ▼2%
- Now £2.8m
- Headcount
- 0%
- Now 16
- Deferred income
- ▲4%
- Now £106k
- Fixed assets
- ▼21%
- Now £124k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Nidec Motor Holdings Corporation (registered outside the UK register)ultimate parent75–100%
- Nidec SR Drives Ltd.this company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £95.5k), 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.