How much does Skerritt Electrical Ltd. make?

Skerritt Electrical Ltd. reported revenue of £25.3m and £2m profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Skerritt Electrical Ltd. have?

Skerritt Electrical Ltd. reported an average of 43 employees in the year to 31 Oct 2025.

Is Skerritt Electrical Ltd. profitable?

Yes — Skerritt Electrical Ltd. reported a profit of £2m in the year to 31 Oct 2025.

Company No. 01980263 · Incorporated 20 Jan 1986

Skerritt Electrical Ltd.

Registered name: SKERRITT ELECTRICAL LTD.

Skerritt Electrical Ltd. made £25.3m revenue and £2m profit in the year to 31 Oct 2025. read from filing text

Skerritt Electrical Ltd.’s revenue grew 7% to £25.3m in the year to 31 Oct 2025, with £2m profit and 43 employees. The company is classified under “electrical installation” and is based in Birmingham; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active
Location: Birmingham, West Midlands
Age: 40 yrs · since 1986
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 undertaking is TSG Solutions Holding SAS, a company incorporated in France. The ultimate parent undertaking and controlling party is TSG Solutions Group SAS.”

Latest accounts · year to 31 Oct 2025

Key figures

Capital-lightOperating leverageBoring industry

Revenue

£25.3m

Growth ▲7.1%

Profit

£2m

Growth ▲57%

Profit margin

7.8%

Gross 20.5%

Employees

Change ▲4.9%

Profit / employee

£45.7k

Revenue/employee £589k

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 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 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)	£19.1m	£25.2m	£23.7m	£25.3m
Cost of sales	£16.1m	£20.8m	£19.3m	£20.1m
Gross profit	£3m	£4.3m	£4.3m	£5.2m
Operating profit	£933k	£1.7m	£1.7m	£2.6m
Profit before tax	£932k	£1.7m	£1.7m	£2.6m
Profit after tax	£1.1m	£1.3m	£1.3m	£2m
Profit (best available)	£1.1m	£1.3m	£1.3m	£2m
Staff costs	£2.4m	£2.7m	£2.8m	£2.7m
Employees (average)	37	38	41	43
Ratios
Profit margin	5.5%	5.1%	5.3%	7.8%
Gross margin	15.8%	17.3%	18.3%	20.5%
Revenue per employee	£516k	£662k	£577k	£589k
Profit per employee	£28.4k	£34.1k	£30.5k	£45.7k
Cash conversion	−95.3%	−105.4%	—	—
Growth (year on year)
Revenue growth	—	▲31.8%	▼6%	▲7.1%
Profit growth	—	▲23.3%	▼3.4%	▲57%
Headcount growth	—	▲2.7%	▲7.9%	▲4.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.3m	£3.2m	£4.2m	£6.1m
Net assets	£1.6m	£2.3m	£3m	£4.9m
Fixed assets	£11.2k	£33.5k	£23.2k	£0
Current assets	£5.6m	£8.7m	£7.2m	£10m
Debtors	£1.5m	£1.2m	£1.8m	£1.7m
Deferred income	£395k	£535k	£237k	£403k
Cash from operations	−£889k	−£1.8m	—	—
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 7.8%; Profit ÷ revenue.
Gross margin: 20.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £589k; Revenue ÷ average employees.
Profit per employee: £45.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.7%; 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: ▲66%; Now £4.9m
Cash at bank: ▲45%; Now £6.1m
Headcount: ▲5%; Now 43
Deferred income: ▲70%; Now £403k
Fixed assets: ▼100%; Now £0

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £2m), from the Companies House accounts bulk data published Mar 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.