Finic Electrical Services Ltd
Registered name: FINIC ELECTRICAL SERVICES LTD
Finic Electrical Services Ltd made £220k revenue and £58.2k profit in the year to 30 Jun 2026.
Finic Electrical Services Ltd’s revenue grew 22% to £220k in the year to 30 Jun 2026, with £58.2k profit and 4 employees. The company is classified under “repair of electrical equipment” and is based in Bude; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bude, South West
- Age
- 17 yrs · since 2009
- 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 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 | 30 Jun 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £211k | £198k | £180k | £220k |
| Cost of sales | £134k | £135k | £132k | £139k |
| Gross profit | £76.6k | £62.4k | £48k | £80.7k |
| Operating profit | £57.5k | £49k | £39.6k | £74.2k |
| Profit before tax | £57.6k | £48.7k | £39.7k | £74.3k |
| Profit after tax | £46.5k | £39.5k | £32.2k | £58.2k |
| Profit (best available) | £46.5k | £39.5k | £32.2k | £58.2k |
| Staff costs | £83.6k | £88.8k | £86.3k | £87.7k |
| Employees (average) | 4 | 4 | 4 | 4 |
| Ratios | ||||
| Profit margin | 22% | 20% | 17.8% | 26.5% |
| Gross margin | 36.3% | 31.6% | 26.6% | 36.7% |
| Revenue per employee | £52.8k | £49.4k | £45.1k | £54.9k |
| Profit per employee | £11.6k | £9.9k | £8k | £14.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼6.3% | ▼8.7% | ▲21.6% |
| Profit growth | — | ▼15% | ▼18.6% | ▲80.9% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £50.3k | £25.5k | £35.2k | £37.8k |
| Net assets | £46.5k | £39.5k | £32.2k | £33.2k |
| Fixed assets | £4.9k | £4.3k | £3.2k | £2.3k |
| Current assets | £85.7k | £64.1k | £65.8k | £84.7k |
| Debtors | £29.1k | £37.2k | £28.5k | £46.1k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 26.5%
- Profit ÷ revenue.
- Gross margin
- 36.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £54.9k
- Revenue ÷ average employees.
- Profit per employee
- £14.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21%
- 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
- ▲3%
- Now £33.2k
- Cash at bank
- ▲7%
- Now £37.8k
- Headcount
- 0%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▼27%
- Now £2.3k
Similar profitable businesses
- KJM Vacuum Pump Engineering LimitedLowestoft · Repair of electrical equipment
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- £224k
- Profit
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- Staff
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- Adams Electrical LtdAberdeen · Repair of electrical equipment
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- £212k
- Profit
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- Techeds LimitedNorwich · Repair of electrical equipment
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- Profit
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- Capital Gas & Heating Services LimitedNorthwood Hills · Repair of electrical equipment
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- Profit
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- Smart Presentations LimitedHigh Wycombe · Repair of electrical equipment
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- R & M Electrical LimitedStaines-Upon-Thames · Repair of electrical equipment
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2026 (profit £58.2k), from the Companies House accounts bulk data published Sep 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.