Parkinson Harness Technology Limited
Registered name: PARKINSON HARNESS TECHNOLOGY LIMITED
Parkinson Harness Technology Limited made £16.6m revenue and £527k profit in the year to 31 Mar 2025.
Parkinson Harness Technology Limited’s revenue fell 6% to £16.6m in the year to 31 Mar 2025, with £527k profit and 127 employees. The company is classified under “manufacture of wiring devices” and is based in Boston; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Boston, East of England
- Age
- 25 yrs · since 2001
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £15m | £18.6m | £17.7m | £16.6m |
| Cost of sales | £12.6m | £15.7m | £14.6m | £13.7m |
| Gross profit | £2.4m | £2.8m | £3.1m | £2.9m |
| Operating profit | £861k | £1.2m | £1.2m | £801k |
| Profit before tax | £851k | £1.1m | £1.2m | £718k |
| Profit after tax | £685k | £920k | £908k | £527k |
| Profit (best available) | £685k | £920k | £908k | £527k |
| Staff costs | £3m | £3.4m | £3.6m | £3.8m |
| Employees (average) | 142 | 133 | 134 | 127 |
| Ratios | ||||
| Profit margin | 4.6% | 5% | 5.1% | 3.2% |
| Gross margin | 15.9% | 15.3% | 17.4% | 17.5% |
| Revenue per employee | £105k | £140k | £132k | £130k |
| Profit per employee | £4.8k | £6.9k | £6.8k | £4.2k |
| Cash conversion | −1.6% | 25.6% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲24.1% | ▼4.9% | ▼6.3% |
| Profit growth | — | ▲34.4% | ▼1.3% | ▼42% |
| Headcount growth | — | ▼6.3% | ▲0.8% | ▼5.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £40.3k | £27.2k | £77.5k | £11.9k |
| Net assets | £2.5m | £3.4m | £4.3m | £4.8m |
| Fixed assets | £347k | £307k | £311k | £479k |
| Current assets | £5.8m | £7m | £7.6m | £9.9m |
| Debtors | £3.8m | £4m | £4m | £4m |
| Deferred income | £93.7k | £114k | £136k | £155k |
| Cash from operations | −£13.8k | £294k | — | — |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 3.2%
- Profit ÷ revenue.
- Gross margin
- 17.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £130k
- Revenue ÷ average employees.
- Profit per employee
- £4.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 24.4%
- 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
- ▲12%
- Now £4.8m
- Cash at bank
- ▼85%
- Now £11.9k
- Headcount
- ▼5%
- Now 127
- Deferred income
- ▲14%
- Now £155k
- Fixed assets
- ▲54%
- Now £479k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £527k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 24 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.