How much does Evans Electrical Limited make?

Evans Electrical Limited reported revenue of £21.6m and £1.6m profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Evans Electrical Limited have?

Evans Electrical Limited reported an average of 73 employees in the year to 31 Oct 2025.

Is Evans Electrical Limited profitable?

Yes — Evans Electrical Limited reported a profit of £1.6m in the year to 31 Oct 2025.

Company No. 02979318 · Incorporated 14 Oct 1994

Evans Electrical Limited

Registered name: EVANS ELECTRICAL LIMITED

Part of Evans Electrical Holdings Limited group

Evans Electrical Limited made £21.6m revenue and £1.6m profit in the year to 31 Oct 2025.

Evans Electrical Limited’s revenue grew 107% to £21.6m in the year to 31 Oct 2025, with £1.6m profit and 73 employees. The company is classified under “repair of electrical equipment” and is based in Cardiff; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33140Repair of electrical equipment

Status: Active
Location: Cardiff, Wales
Age: 32 yrs · since 1994
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 Oct 2025

Key figures

Capital-lightOperating leverageBoring industryCash flow filed

Revenue

£21.6m

Growth ▲107.5%

Profit

£1.6m

Growth ▲408.3%

Profit margin

7.2%

Gross 14.3%

Employees

Change ▲17.7%

Profit / employee

£21.3k

Revenue/employee £296k

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&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£14.9m	£10.9m	£10.4m	£21.6m
Cost of sales	£13.2m	£9.2m	£9m	£18.5m
Gross profit	£1.7m	£1.8m	£1.5m	£3.1m
Operating profit	£1.1m	£824k	£413k	£2m
Profit before tax	£1m	£828k	£443k	£2.1m
Profit after tax	£985k	£641k	£305k	£1.6m
Profit (best available)	£985k	£641k	£305k	£1.6m
Staff costs	£3m	£3m	£3.2m	£4.3m
Employees (average)	70	67	62	73
Ratios
Profit margin	6.6%	5.9%	2.9%	7.2%
Gross margin	11.5%	16.1%	14.1%	14.3%
Revenue per employee	£213k	£163k	£168k	£296k
Profit per employee	£14.1k	£9.6k	£4.9k	£21.3k
Cash conversion	−139.9%	63.3%	−385.7%	71%
Growth (year on year)
Revenue growth	—	▼26.8%	▼4.8%	▲107.5%
Profit growth	—	▼34.9%	▼52.4%	▲408.3%
Headcount growth	—	▼4.3%	▼7.5%	▲17.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£3m	£1.3m	£2.5m	£2.1m
Net assets	£2.6m	£2.8m	£2.8m	£2.8m
Fixed assets	£61.6k	£270k	£311k	£431k
Current assets	£5.7m	£4.5m	£3.9m	£6.3m
Debtors	£592k	£1.3m	£1.2m	£3.4m
Deferred income	—	—	£5.1k	£723k
Cash from operations	−£1.5m	£521k	−£1.6m	£1.4m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 7.2%; Profit ÷ revenue.
Gross margin: 14.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £296k; Revenue ÷ average employees.
Profit per employee: £21.3k; Profit ÷ average employees.
Cash conversion: 71%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.8%; 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: ▼3%; Now £2.8m
Cash at bank: ▼15%; Now £2.1m
Headcount: ▲18%; Now 73
Deferred income: ▲14045%; Now £723k
Fixed assets: ▲39%; Now £431k

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

Evans Electrical Holdings Limitedultimate parent75–100%
Evans Electrical Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (3)

Evans Facility Services LimitedFigures not disclosed
Innovative Fire & Security LimitedFigures not disclosed
Westlink Mechanical Services LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers 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 £1.6m), from the Companies House accounts bulk data published Jul 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.