Hispec Electrical Products Ltd
Registered name: HISPEC ELECTRICAL PRODUCTS LTD
Part of Hispec Electrical Holdings Limited groupHispec Electrical Products Ltd made £15m revenue and a £394k loss in the year to 30 Jun 2025.
Hispec Electrical Products Ltd’s revenue was £15m in the year to 30 Jun 2025, with a loss of £394k and 36 employees. The company is classified under “wholesale of electronic and telecommunications equipment and parts” and is based in Chorley; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Chorley, North West
- Age
- 23 yrs · since 2002
- 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 2022 | 31 Mar 2023 | 31 Mar 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £12.2m | £19.6m | £11.9m | £15m |
| Cost of sales | £7.5m | £11.8m | £6.9m | £9.5m |
| Gross profit | £4.7m | £7.8m | £4.9m | £5.5m |
| Operating profit | £3.5m | £6.1m | £2.3m | £300k |
| Profit before tax | £3.5m | £6.1m | £2.4m | −£396k |
| Profit after tax | £2.8m | £5m | £1.8m | −£394k |
| Profit (best available) | £2.8m | £5m | £1.8m | −£394k |
| Staff costs | £644k | £905k | £1.2m | £2.7m |
| Employees (average) | 17 | 21 | 26 | 36 |
| Ratios | ||||
| Profit margin | 23% | 25.3% | 14.9% | −2.6% |
| Gross margin | 38.3% | 39.9% | 41.5% | 36.5% |
| Revenue per employee | £718k | £934k | £457k | £416k |
| Profit per employee | £165k | £236k | £68.1k | −£10.9k |
| Cash conversion | −36.1% | −80.1% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲60.9% | ▼39.4% | — |
| Profit growth | — | ▲76.4% | ▼64.3% | — |
| Headcount growth | — | ▲23.5% | ▲23.8% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £726k | £2.8m | £235k | £188k |
| Net assets | £6m | £10m | £11.2m | £4.5m |
| Fixed assets | £172k | £301k | £272k | £320k |
| Current assets | £8.8m | £12m | £12.8m | £9.5m |
| Debtors | £5.1m | £3.9m | £2.5m | £2.7m |
| Deferred income | £666k | £437k | £204k | — |
| Cash from operations | −£1.2m | −£4.9m | — | — |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −2.6%
- Profit ÷ revenue.
- Gross margin
- 36.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £416k
- Revenue ÷ average employees.
- Profit per employee
- −£10.9k
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.9%
- 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 £4.5m
- Cash at bank
- —
- Now £188k
- Headcount
- —
- Now 36
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £320k
Group structure
Ownership chain
- Hispec Electrical Holdings Limitedultimate parent75–100%
- Hispec Electrical Products Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Powergolf Ltd.Figures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit −£394k), from the Companies House accounts bulk data published Jun 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.