Full Power Utilities Ltd
Registered name: FULL POWER UTILITIES LTD
Part of Full Power Holdings Ltd groupFull Power Utilities Ltd made £14m revenue and £2.4m profit in the year to 29 Oct 2025.
Full Power Utilities Ltd’s revenue grew 12% to £14m in the year to 29 Oct 2025, with £2.4m profit and 52 employees. The company is classified under “other business support service activities” and is based in Borehamwood; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Borehamwood, East of England
- Age
- 23 yrs · since 2003
- 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 Oct 2024 | 29 Oct 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £12.5m | £14m |
| Cost of sales | £5.1m | £4.4m |
| Gross profit | £7.4m | £9.6m |
| Operating profit | £2.9m | £3m |
| Profit before tax | £2.9m | £3m |
| Profit after tax | £2.3m | £2.4m |
| Profit (best available) | £2.3m | £2.4m |
| Employees (average) | 48 | 52 |
| Ratios | ||
| Profit margin | 18% | 17% |
| Gross margin | 59.1% | 68.4% |
| Revenue per employee | £261k | £269k |
| Profit per employee | £47k | £45.5k |
| Cash conversion | −100.2% | −114.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▲11.7% |
| Profit growth | — | ▲4.9% |
| Headcount growth | — | ▲8.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £913k | £1.4m |
| Net assets | £5.6m | £6.4m |
| Fixed assets | £166k | £0 |
| Current assets | £6.9m | £7.1m |
| Debtors | £786k | £0 |
| Deferred income | £300k | £0 |
| Cash from operations | −£2.9m | −£3.5m |
| Source | FullAccounts · bulk data Jul 2026 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 17%
- Profit ÷ revenue.
- Gross margin
- 68.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £269k
- Revenue ÷ average employees.
- Profit per employee
- £45.5k
- Profit ÷ average employees.
- Cash conversion
- −114.9%
- 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
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲15%
- Now £6.4m
- Cash at bank
- ▲53%
- Now £1.4m
- Headcount
- ▲8%
- Now 52
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- ▼100%
- Now £0
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Full Power Holdings Ltdultimate parent75–100%
- Full Power Utilities Ltdthis 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).
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Sources
Latest figures from FullAccounts for the year to 29 Oct 2025 (profit £2.4m), from the Companies House accounts bulk data published Jul 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.