How much does Hanover Electrical Contractors Limited make?

Hanover Electrical Contractors Limited reported revenue of £34.4m and a loss of £1.1m in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does Hanover Electrical Contractors Limited have?

Hanover Electrical Contractors Limited reported an average of 38 employees in the year to 31 Jul 2025.

Is Hanover Electrical Contractors Limited profitable?

No — Hanover Electrical Contractors Limited reported a loss of £1.1m in the year to 31 Jul 2025.

Company No. 03065752 · Incorporated 7 Jun 1995

Hanover Electrical Contractors Limited

Registered name: HANOVER ELECTRICAL CONTRACTORS LIMITED

Hanover Electrical Contractors Limited made £34.4m revenue and a £1.1m loss in the year to 31 Jul 2025. read from filing text

Hanover Electrical Contractors Limited’s revenue grew 47% to £34.4m in the year to 31 Jul 2025, with a loss of £1.1m and 38 employees. The company is classified under “electrical installation” and is based in Northampton; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation SIC 43220Plumbing, heat and air-conditioning installation

Status: Liquidation
Location: Northampton, East Midlands
Age: 31 yrs · since 1995
Type: Private Limited Company

Latest accounts · year to 31 Jul 2025

Key figures

IndependentCapital-lightDoing more with lessBoring industryCash flow filed

Revenue

£34.4m

Growth ▲47%

Profit

−£1.1m

Growth ▼425.4%

Profit margin

−3.3%

Gross 5.7%

Employees

Change ▼17.4%

Profit / employee

−£29.9k

Revenue/employee £906k

Profitable streak

0yrs

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 Jul 2022	31 Jul 2023	31 Jul 2024	31 Jul 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)	£22.7m	£22.1m	£23.4m	£34.4m
Cost of sales	£21.6m	£21.1m	£21.9m	£32.5m
Gross profit	£1.1m	£1m	£1.6m	£2m
Operating profit	£295k	£124k	£515k	−£1.2m
Profit before tax	£280k	£88.4k	£475k	−£1.3m
Profit after tax	£223k	£73.9k	£349k	−£1.1m
Profit (best available)	£223k	£73.9k	£349k	−£1.1m
Staff costs	£2.5m	£2.4m	£2.2m	£2.2m
Employees (average)	47	46	46	38
Ratios
Profit margin	1%	0.3%	1.5%	−3.3%
Gross margin	4.7%	4.7%	6.7%	5.7%
Revenue per employee	£483k	£480k	£509k	£906k
Profit per employee	£4.7k	£1.6k	£7.6k	−£29.9k
Cash conversion	−203.1%	−1265%	−16.1%	—
Growth (year on year)
Revenue growth	—	▼2.7%	▲6%	▲47%
Profit growth	—	▼66.9%	▲372.1%	▼425.4%
Headcount growth	—	▼2.1%	0%	▼17.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£2.3m	£2m	£725k
Net assets	£1.3m	£1.3m	£1.5m	£396k
Fixed assets	£10.1k	£10.9k	£19k	£7.8k
Current assets	£5.9m	£7.3m	£8m	£8.8m
Debtors	£1.2m	£1.2m	£990k	£4.5m
Deferred income	£1.3m	£1.7m	£1.5m	£3.2m
Cash from operations	−£599k	−£1.6m	−£82.7k	£848k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: −3.3%; Profit ÷ revenue.
Gross margin: 5.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £906k; Revenue ÷ average employees.
Profit per employee: −£29.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 9.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.2%; 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: ▼74%; Now £396k
Cash at bank: ▼64%; Now £725k
Headcount: ▼17%; Now 38
Deferred income: ▲112%; Now £3.2m
Fixed assets: ▼59%; Now £7.8k

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2025 (profit −£1.1m), from the Companies House accounts bulk data published May 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.