Worcester Electrical Distributors Limited
Registered name: WORCESTER ELECTRICAL DISTRIBUTORS LIMITED
Part of Rd Capital Tactical Opportunities 1 Limited groupWorcester Electrical Distributors Limited made £21m revenue and £10.7k profit in the year to 31 Dec 2025.
Worcester Electrical Distributors Limited’s revenue grew 4% to £21m in the year to 31 Dec 2025, with £10.7k profit and 66 employees. The company is classified under “wholesale of radio, television goods & electrical household appliances (other than records, tapes, cd's & video tapes and the equipment used for playing them)” and is based in Worcester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Worcester, West Midlands
- Age
- 38 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £24m | £15.9m | £20.2m | £21m |
| Cost of sales | £17.7m | £11.9m | £14.8m | £16.2m |
| Gross profit | £6.3m | £4.1m | £5.4m | £4.8m |
| Operating profit | £1.5m | £477k | £1m | £324k |
| Profit before tax | £1.3m | £202k | −£634k | £56.2k |
| Profit after tax | £1.1m | £162k | −£688k | £10.7k |
| Profit (best available) | £1.1m | £162k | −£688k | £10.7k |
| Staff costs | £3m | £2.2m | £2.9m | £2.9m |
| Employees (average) | 74 | 72 | 68 | 66 |
| Ratios | ||||
| Profit margin | 4.4% | 1% | −3.4% | 0.1% |
| Gross margin | 26.3% | 25.4% | 26.6% | 22.9% |
| Revenue per employee | £324k | £221k | £296k | £319k |
| Profit per employee | £14.3k | £2.2k | −£10.1k | £163 |
| Cash conversion | −255.9% | −288.1% | 7.1% | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲4.4% |
| Headcount growth | — | — | — | ▼2.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £89.4k | £53.6k | £83.7k | £202k |
| Net assets | £3.8m | £4m | £3.3m | £3.3m |
| Fixed assets | £443k | £418k | £348k | £353k |
| Current assets | £11.4m | £10.6m | £10.4m | £11.4m |
| Debtors | £3.9m | £2.8m | £3m | £3.4m |
| Cash from operations | −£3.9m | −£1.4m | £72.1k | — |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- 22.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £319k
- Revenue ÷ average employees.
- Profit per employee
- £163
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16%
- 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 £3.3m
- Cash at bank
- ▲141%
- Now £202k
- Headcount
- ▼3%
- Now 66
- Deferred income
- —
- Now —
- Fixed assets
- ▲1%
- Now £353k
Group structure
Ownership chain
- Rd Capital Tactical Opportunities 1 Limited (registered outside the UK register)ultimate parent75–100%
- RDCP Electrical 1 Ltd75–100%
- Worcester Electrical Distributors 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).
Similar profitable businesses
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £10.7k), from the Companies House accounts bulk data published Sep 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.