How much does Philex Electronic Limited make?

Philex Electronic Limited reported revenue of £15.1m and a loss of £243k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Philex Electronic Limited have?

Philex Electronic Limited reported an average of 45 employees in the year to 31 Mar 2025.

Is Philex Electronic Limited profitable?

No — Philex Electronic Limited reported a loss of £243k in the year to 31 Mar 2025.

Company No. 03391238 · Incorporated 24 Jun 1997

Philex Electronic Limited

Registered name: PHILEX ELECTRONIC LIMITED

Part of Philex Limited group

Philex Electronic Limited made £15.1m revenue and a £243k loss in the year to 31 Mar 2025. read from filing text

Philex Electronic Limited’s revenue fell 19% to £15.1m in the year to 31 Mar 2025, with a loss of £243k and 45 employees. The company is classified under “wholesale of electronic and telecommunications equipment and parts” and is based in Bedford; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46520Wholesale of electronic and telecommunications equipment and parts

Status: Active
Location: Bedford, South East
Age: 29 yrs · since 1997
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's immediate parent company is Philex Limited, a company incorporated in the UK. The company's ultimate parent undertaking is Philex Holdings Limited, a company incorporated in Hong Kong, r”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£15.1m

Growth ▼18.8%

Profit

−£243k

Growth —

Profit margin

−1.6%

Gross 17.5%

Employees

Change ▼6.3%

Profit / employee

−£5.4k

Revenue/employee £336k

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 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)	£27m	£22.8m	£18.6m	£15.1m
Cost of sales	£21.6m	£22m	£17.3m	£12.5m
Gross profit	£5.4m	£885k	£1.3m	£2.6m
Operating profit	—	—	−£2.6m	−£317k
Profit before tax	£1.7m	−£4.2m	−£2.8m	−£243k
Profit after tax	£1.7m	−£4.2m	−£2.7m	−£243k
Profit (best available)	£1.7m	−£4.2m	−£2.7m	−£243k
Staff costs	£2.4m	£2.3m	£1.8m	£1.7m
Employees (average)	58	57	48	45
Ratios
Profit margin	6.5%	−18.5%	−14.7%	−1.6%
Gross margin	19.9%	3.9%	7%	17.5%
Revenue per employee	£466k	£401k	£388k	£336k
Profit per employee	£30k	−£74.1k	−£57.1k	−£5.4k
Growth (year on year)
Revenue growth	—	▼15.4%	▼18.5%	▼18.8%
Profit growth	—	▼342.4%	—	—
Headcount growth	—	▼1.7%	▼15.8%	▼6.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£711k	£13.1k	£18.9k	£48.8k
Net assets	£5.1m	£909k	£367k	£124k
Fixed assets	£526k	£444k	£378k	£313k
Current assets	£16.5m	£11.3m	£6.9m	£6.5m
Debtors	£4.4m	£2.3m	£2.6m	£2.6m
Deferred income	£653k	£627k	£269k	£330k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −1.6%; Profit ÷ revenue.
Gross margin: 17.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £336k; Revenue ÷ average employees.
Profit per employee: −£5.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.4%; 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: ▼66%; Now £124k
Cash at bank: ▲158%; Now £48.8k
Headcount: ▼6%; Now 45
Deferred income: ▲22%; Now £330k
Fixed assets: ▼17%; Now £313k

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

Philex Limitedultimate parent75–100%
Philex Electronic Limitedthis company

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

Sister companies (1)

Harry B.litherland & Co. LimitedFigures 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 Mar 2025 (profit −£243k), from the Companies House accounts bulk data published Dec 2025. 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.