Toby Electronics Limited
Registered name: TOBY ELECTRONICS LIMITED
Toby Electronics Limited made £8.3m revenue and a £16.6k loss in the year to 31 Mar 2025.
Toby Electronics Limited’s revenue fell 20% to £8.3m in the year to 31 Mar 2025, with a loss of £16.6k and 22 employees. The company is classified under “manufacture of other electrical equipment” and is based in Banbury; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Banbury, South East
- Age
- 43 yrs · since 1983
- Type
- Private Limited Company
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&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £10.5m | £12.7m | £10.4m | £8.3m |
| Cost of sales | £7.8m | £9.5m | £7.3m | £5.9m |
| Gross profit | £2.7m | £3.3m | £3.1m | £2.4m |
| Operating profit | £625k | £848k | £632k | −£5.2k |
| Profit before tax | £609k | £816k | £599k | −£12.3k |
| Profit after tax | £486k | £656k | £441k | −£16.6k |
| Profit (best available) | £486k | £656k | £441k | −£16.6k |
| Staff costs | £1.8m | £2m | £2.1m | £1.9m |
| Employees (average) | 22 | 22 | 22 | 22 |
| Ratios | ||||
| Profit margin | 4.6% | 5.2% | 4.3% | −0.2% |
| Gross margin | 25.8% | 25.6% | 29.7% | 28.3% |
| Revenue per employee | £478k | £579k | £471k | £377k |
| Profit per employee | £22.1k | £29.8k | £20.1k | −£756 |
| Cash conversion | 4.7% | −64.1% | −134.1% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲20.9% | ▼18.6% | ▼20% |
| Profit growth | — | ▲35% | ▼32.8% | ▼103.8% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.7m | £1.8m | £1.9m | £1.4m |
| Net assets | £3.8m | £4.5m | £4.7m | £4.7m |
| Fixed assets | £1.6m | £1.6m | £1.6m | £1.6m |
| Current assets | £4.8m | £6m | £4.9m | £4.2m |
| Debtors | £1.8m | £2.5m | £1.7m | £2.1m |
| Cash from operations | £29.4k | −£543k | −£848k | £5.8k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −0.2%
- Profit ÷ revenue.
- Gross margin
- 28.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £377k
- Revenue ÷ average employees.
- Profit per employee
- −£756
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 19.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 24.9%
- 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
- ▼0%
- Now £4.7m
- Cash at bank
- ▼27%
- Now £1.4m
- Headcount
- 0%
- Now 22
- Deferred income
- —
- Now —
- Fixed assets
- ▲5%
- Now £1.6m
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- Profit
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- Staff
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- Tekdata Interconnections LimitedScunthorpe · Manufacture of other electrical equipment
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- Helitune LimitedTorrington · Manufacture of other electrical equipment
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- Backer Heatrod LimitedBolton · Manufacture of other electrical equipment
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£16.6k), from the Companies House accounts bulk data published Dec 2025. 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.