F1rst Electrical Ltd
Registered name: F1RST ELECTRICAL LTD
F1rst Electrical Ltd made £111k revenue and a £1.3k loss in the year to 31 Mar 2025.
F1rst Electrical Ltd’s revenue fell 6% to £111k in the year to 31 Mar 2025, with a loss of £1.3k and 3 employees. The company is classified under “electrical installation” and is based in Southport; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Southport, North West
- Age
- 19 yrs · since 2007
- 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) | £126k | £187k | £118k | £111k |
| Cost of sales | £50.7k | £79.8k | £24.5k | £32.4k |
| Gross profit | £74.8k | £108k | £93.3k | £78.6k |
| Operating profit | £19.3k | £42.1k | £12.3k | £1.4k |
| Profit before tax | £18.9k | £41.8k | £12k | −£649 |
| Profit after tax | £17.8k | £33.9k | £11.2k | −£1.3k |
| Profit (best available) | £17.8k | £33.9k | £11.2k | −£1.3k |
| Employees (average) | 3 | 2 | 2 | 3 |
| Ratios | ||||
| Profit margin | 14.2% | 18.1% | 9.5% | −1.1% |
| Gross margin | 59.6% | 57.4% | 79.2% | 70.9% |
| Revenue per employee | £41.8k | £93.7k | £58.9k | £37k |
| Profit per employee | £5.9k | £17k | £5.6k | −£424 |
| Growth (year on year) | ||||
| Revenue growth | — | ▲49.2% | ▼37.1% | ▼5.8% |
| Profit growth | — | ▲90.4% | ▼67.1% | ▼111.4% |
| Headcount growth | — | ▼33.3% | 0% | ▲50% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1k | £0 | £4.7k | £14.5k |
| Net assets | £6 | £12.4k | £9k | £7.7k |
| Fixed assets | £5.3k | £5.7k | £13.8k | £11k |
| Current assets | £14.7k | £34.7k | £40.4k | £39.5k |
| Debtors | £12.3k | £4.7k | £8.6k | £6.3k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −1.1%
- Profit ÷ revenue.
- Gross margin
- 70.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £37k
- Revenue ÷ average employees.
- Profit per employee
- −£424
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.7%
- 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
- ▼14%
- Now £7.7k
- Cash at bank
- ▲209%
- Now £14.5k
- Headcount
- ▲50%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▼20%
- Now £11k
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£1.3k), 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.