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Company No. 02112385 · Incorporated 19 Mar 1987

PCS Instruments Limited

Registered name: PCS INSTRUMENTS LIMITED

Part of PCS Instruments Holdings Limited group

PCS Instruments Limited made £11m revenue and £2.6m profit in the year to 31 Mar 2025.

PCS Instruments Limited’s revenue grew 10% to £11m in the year to 31 Mar 2025, with £2.6m profit and 31 employees. The company is classified under “manufacture of electronic measuring, testing etc. equipment, not for industrial process control” and is based in London; we hold 4 years of its filed accounts.

Status
Active
Location
London, London
Age
39 yrs · since 1987
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 Mar 2025

Key figures

Operating leverageCash flow filed
Revenue
£11m
Growth ▲10.5%
Profit
£2.6m
Growth ▲49.4%
Profit margin
23.5%
Gross 62.7%
Employees
31
Change ▲10.7%
Profit / employee
£83.2k
Revenue/employee £354k
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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£7.6m£10.2m£9.9m£11m
Cost of sales£3.1m£4.2m£3.8m£4.1m
Gross profit£4.5m£6m£6.2m£6.9m
Profit before tax£2m£3m£2.7m£3.2m
Profit after tax£2m£2.8m£1.7m£2.6m
Profit (best available)£2m£2.8m£1.7m£2.6m
Staff costs£2.8m£3m£3.2m£3.7m
Employees (average)21232831
Ratios
Profit margin27%27.6%17.4%23.5%
Gross margin59.3%58.8%62.2%62.7%
Revenue per employee£360k£443k£355k£354k
Profit per employee£97.1k£122k£61.7k£83.2k
Growth (year on year)
Revenue growth—▲35%▼2.6%▲10.5%
Profit growth—▲37.9%▼38.6%▲49.4%
Headcount growth—▲9.5%▲21.7%▲10.7%
Balance sheet — indirect signals, not revenue
Cash at bank£6.7m£7.6m£7m£7.4m
Net assets£16.2m£19m£19m£20.4m
Fixed assets£9.8m£10.6m£11.7m£12.1m
Current assets£10.1m£11.8m£11.4m£13.5m
Debtors£1.3m£1.4m£1.2m£2.4m
Cash from operations£2.6m£1.7m£2.4m£2.6m
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
23.5%
Profit ÷ revenue.
Gross margin
62.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£354k
Revenue ÷ average employees.
Profit per employee
£83.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
110.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
22.3%
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
▲8%
Now £20.4m
Cash at bank
▲6%
Now £7.4m
Headcount
▲11%
Now 31
Deferred income
—
Now —
Fixed assets
▲4%
Now £12.1m
Corporate ownership

Group structure

Ownership chain

  1. PCS Instruments Holdings Limitedultimate parent75–100%
  2. PCS Instruments Limitedthis 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.6m), 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.