West Yorkshire Electrical Factors Limited
Registered name: WEST YORKSHIRE ELECTRICAL FACTORS LIMITED
West Yorkshire Electrical Factors Limited made £913k revenue and £63.7k profit in the year to 30 Apr 2023.
West Yorkshire Electrical Factors Limited’s revenue grew 23% to £913k in the year to 30 Apr 2023, with £63.7k profit and 6 employees. The company is classified under “wholesale of other intermediate products” and is based in Garforth; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Garforth, Yorkshire and The Humber
- Age
- 38 yrs · since 1987
- 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 | 30 Apr 2022 | 30 Apr 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £739k | £913k |
| Cost of sales | £543k | £684k |
| Gross profit | £196k | £229k |
| Operating profit | £58.7k | £81.1k |
| Profit before tax | £55.4k | £78.6k |
| Profit after tax | £44.9k | £63.7k |
| Profit (best available) | £44.9k | £63.7k |
| Employees (average) | 6 | 6 |
| Ratios | ||
| Profit margin | 6.1% | 7% |
| Gross margin | 26.6% | 25.1% |
| Revenue per employee | £123k | £152k |
| Profit per employee | £7.5k | £10.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▲23.4% |
| Profit growth | — | ▲41.7% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £51.5k | £51.7k |
| Net assets | £69.7k | £83.3k |
| Fixed assets | £32.7k | £24.2k |
| Current assets | £306k | £319k |
| Debtors | £93.2k | £104k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 |
How the business works
- Profit margin
- 7%
- Profit ÷ revenue.
- Gross margin
- 25.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £152k
- Revenue ÷ average employees.
- Profit per employee
- £10.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.4%
- 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
- ▲20%
- Now £83.3k
- Cash at bank
- ▲0%
- Now £51.7k
- Headcount
- 0%
- Now 6
- Deferred income
- —
- Now —
- Fixed assets
- ▼26%
- Now £24.2k
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Sources
Latest figures from accounts for the year to 30 Apr 2023 (profit £63.7k), from the Companies House accounts bulk data published Nov 2023. 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.