Rayspec Limited
Registered name: RAYSPEC LIMITED
Part of Nippon Kayaku Co., Ltd groupRayspec Limited made £6.4m revenue and £193k profit in the year to 31 Mar 2026.
Rayspec Limited’s revenue fell 33% to £6.4m in the year to 31 Mar 2026, with £193k profit and 32 employees. The company is classified under “manufacture of other electrical equipment” and is based in High Wycombe; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- High Wycombe, 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £8.8m | £9.5m | £6.4m |
| Cost of sales | −£5.9m | −£6m | −£4.2m |
| Gross profit | £2.9m | £3.5m | £2.1m |
| Operating profit | £1.5m | £1.8m | £166k |
| Profit before tax | £1.6m | £1.9m | £278k |
| Profit after tax | £1.2m | £1.4m | £193k |
| Profit (best available) | £1.2m | £1.4m | £193k |
| Employees (average) | 31 | 33 | 32 |
| Ratios | |||
| Profit margin | 13.7% | 15% | 3% |
| Gross margin | 33.1% | 37.3% | 33.1% |
| Revenue per employee | £285k | £287k | £199k |
| Profit per employee | £39k | £43.1k | £6k |
| Growth (year on year) | |||
| Revenue growth | — | ▲7.3% | ▼33% |
| Profit growth | — | ▲17.4% | ▼86.4% |
| Headcount growth | — | ▲6.5% | ▼3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 3%
- Profit ÷ revenue.
- Gross margin
- 33.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £199k
- Revenue ÷ average employees.
- Profit per employee
- £6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼3%
- Now 32
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Nippon Kayaku Co., Ltd (registered outside the UK register)ultimate parent75–100%
- Rayspec 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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- Profit
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- Staff
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- Profit
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- Allenwest Wallacetown LimitedPrestwick · Manufacture of other electrical equipment
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- Exheat Industrial LimitedNorwich · Manufacture of other electrical equipment
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- Helitune LimitedTorrington · Manufacture of other electrical equipment
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- Profit
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- Aeg Power Solutions Ltd.Welwyn Garden City · Manufacture of other electrical equipment
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from accounts for the year to 31 Mar 2026 (profit £193k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 14 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.