SKN Electrical Services Limited
Registered name: SKN ELECTRICAL SERVICES LIMITED
SKN Electrical Services Limited made £23.1m revenue and £360k profit in the year to 31 Mar 2025.
SKN Electrical Services Limited’s revenue grew 8% to £23.1m in the year to 31 Mar 2025, with £360k profit and 95 employees. The company is classified under “human resources provision and management of human resources functions” and is based in Blackpool; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Blackpool, North West
- Age
- 20 yrs · since 2006
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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) | £17.2m | £23m | £21.4m | £23.1m |
| Cost of sales | £12.5m | £17m | £15.6m | £15.5m |
| Gross profit | £4.7m | £6m | £5.7m | £7.6m |
| Profit before tax | £745k | £1.3m | £399k | £496k |
| Profit after tax | £597k | £1m | £294k | £360k |
| Profit (best available) | £597k | £1m | £294k | £360k |
| Staff costs | £2.5m | £2.9m | £3.9m | £5.1m |
| Employees (average) | 74 | 76 | 90 | 95 |
| Ratios | ||||
| Profit margin | 3.5% | 4.5% | 1.4% | 1.6% |
| Gross margin | 27.5% | 26.2% | 26.9% | 33% |
| Revenue per employee | £232k | £303k | £237k | £243k |
| Profit per employee | £8.1k | £13.6k | £3.3k | £3.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲33.7% | ▼7.2% | ▲8.1% |
| Profit growth | — | ▲72.9% | ▼71.6% | ▲22.6% |
| Headcount growth | — | ▲2.7% | ▲18.4% | ▲5.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.1m | £833k | £414k | £489k |
| Net assets | £7.6m | £8.1m | £8.4m | £8.8m |
| Fixed assets | £1.5m | £982k | £1m | £1m |
| Current assets | £8.4m | £9.3m | £9.2m | £10.5m |
| Debtors | £3.7m | £5.9m | £4.4m | £5.9m |
| Cash from operations | −£208k | −£235k | £44.8k | £249k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 1.6%
- Profit ÷ revenue.
- Gross margin
- 33%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £243k
- Revenue ÷ average employees.
- Profit per employee
- £3.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 25.6%
- 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
- ▲4%
- Now £8.8m
- Cash at bank
- ▲18%
- Now £489k
- Headcount
- ▲6%
- Now 95
- Deferred income
- —
- Now —
- Fixed assets
- ▲3%
- Now £1m
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £360k), 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.