How much does X.e.l. Electronics Limited make?

X.e.l. Electronics Limited reported revenue of £78m and £2.4m profit in the year to 31 Aug 2025, according to its accounts filed at Companies House.

How many employees does X.e.l. Electronics Limited have?

X.e.l. Electronics Limited reported an average of 9 employees in the year to 31 Aug 2025.

Is X.e.l. Electronics Limited profitable?

Yes — X.e.l. Electronics Limited reported a profit of £2.4m in the year to 31 Aug 2025.

Company No. 02743559 · Incorporated 28 Aug 1992

X.e.l. Electronics Limited

Registered name: X.E.L. ELECTRONICS LIMITED

Part of Xelgh Limited group

X.e.l. Electronics Limited made £78m revenue and £2.4m profit in the year to 31 Aug 2025. read from filing text

X.e.l. Electronics Limited’s revenue grew 13% to £78m in the year to 31 Aug 2025, with £2.4m profit and 9 employees. The company is classified under “non-specialised wholesale trade” and is based in Petersfield; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Petersfield, South East
Age: 34 yrs · since 1992
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 is a wholly owned subsidiary of XELGH Limited, a company registered in the UK, which is both the immediate parent company and the ultimate controlling party. Its accounts are the smallest ”

Latest accounts · year to 31 Aug 2025

Key figures

Small teamCapital-light

Revenue

£78m

Growth ▲13%

Profit

£2.4m

Growth ▼5.8%

Profit margin

Gross 5.7%

Employees

Change 0%

Profit / employee

£261k

Revenue/employee £8.7m

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 Aug 2022	31 Aug 2023	31 Aug 2024	31 Aug 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)	£68.6m	£49.2m	£69.1m	£78m
Cost of sales	£66.6m	£46.6m	£64.2m	£73.6m
Gross profit	£1.9m	£2.6m	£4.8m	£4.4m
Operating profit	£859k	£1.6m	£3.3m	£3.1m
Profit before tax	£861k	£1.6m	£3.3m	£3.1m
Profit after tax	£697k	£1.3m	£2.5m	£2.4m
Profit (best available)	£697k	£1.3m	£2.5m	£2.4m
Staff costs	£600k	£600k	£1.1m	£853k
Employees (average)	11	11	9	9
Ratios
Profit margin	1%	2.6%	3.6%	3%
Gross margin	2.8%	5.3%	7%	5.7%
Revenue per employee	£6.2m	£4.5m	£7.7m	£8.7m
Profit per employee	£63.4k	£117k	£277k	£261k
Growth (year on year)
Revenue growth	—	▼28.2%	▲40.2%	▲13%
Profit growth	—	▲84.3%	▲94.3%	▼5.8%
Headcount growth	—	0%	▼18.2%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.7m	£4.3m	£3.6m	£4.6m
Net assets	£9m	£9.7m	£11.8m	£13.7m
Fixed assets	£9.2k	£4.4k	£15.5k	£141k
Current assets	£16.8m	£14.6m	£24.8m	£27.8m
Debtors	£3.1m	£2.3m	£3.2m	£6.4m
Deferred income	£48k	£47.6k	£47.6k	£1.8m
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 3%; Profit ÷ revenue.
Gross margin: 5.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £8.7m; Revenue ÷ average employees.
Profit per employee: £261k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.2%; 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: ▲16%; Now £13.7m
Cash at bank: ▲27%; Now £4.6m
Headcount: 0%; Now 9
Deferred income: ▲3594%; Now £1.8m
Fixed assets: ▲809%; Now £141k

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

Corporate ownership

Group structure

Ownership chain

Xelgh Limitedultimate parent75–100%
X.e.l. Electronics 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

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £2.4m), from the Companies House accounts bulk data published Feb 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.