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Company No. 06925689 · Incorporated 5 Jun 2009

Switch Electrical Wholesale Limited

Registered name: SWITCH ELECTRICAL WHOLESALE LIMITED

Part of Switch Holdings Limited group

Switch Electrical Wholesale Limited made £12.5m revenue and £304k profit in the year to 31 Dec 2025.

Switch Electrical Wholesale Limited’s revenue fell 7% to £12.5m in the year to 31 Dec 2025, with £304k profit and 41 employees. The company is classified under “wholesale of electronic and telecommunications equipment and parts” and is based in Peterborough; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46520Wholesale of electronic and telecommunications equipment and parts
Status
Active
Location
Peterborough, East of England
Age
17 yrs · since 2009
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light
Revenue
£12.5m
Growth ▼7.3%
Profit
£304k
Growth ▲101.3%
Profit margin
2.4%
Gross 23.6%
Employees
41
Change ▼25.4%
Profit / employee
£7.4k
Revenue/employee £305k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£14.3m£14.6m£13.5m£12.5m
Cost of sales£11.4m£11m£10.4m£9.5m
Gross profit£3m£3.6m£3.1m£3m
Operating profit£604k£803k£256k£429k
Profit before tax£603k£803k£240k£411k
Profit after tax£559k£608k£151k£304k
Profit (best available)£559k£608k£151k£304k
Staff costs£1.3m£1.5m£1.6m£1.3m
Employees (average)49535541
Ratios
Profit margin3.9%4.2%1.1%2.4%
Gross margin20.7%24.5%22.9%23.6%
Revenue per employee£292k£276k£245k£305k
Profit per employee£11.4k£11.5k£2.7k£7.4k
Growth (year on year)
Revenue growth—▲2.2%▼7.9%▼7.3%
Profit growth—▲8.8%▼75.2%▲101.3%
Headcount growth—▲8.2%▲3.8%▼25.4%
Balance sheet — indirect signals, not revenue
Cash at bank£907k£848k£322k£73k
Net assets£1.5m£1.6m£1.5m£1.3m
Fixed assets£338k£359k£272k£128k
Current assets£5m£4.8m£4m£3m
Debtors£2.6m£2m£1.8m£1.5m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
2.4%
Profit ÷ revenue.
Gross margin
23.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£305k
Revenue ÷ average employees.
Profit per employee
£7.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11.8%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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 £1.3m
Cash at bank
▼77%
Now £73k
Headcount
▼25%
Now 41
Deferred income
—
Now —
Fixed assets
▼53%
Now £128k
Corporate ownership

Group structure

Ownership chain

  1. Switch Holdings Limitedultimate parent75–100%
  2. Switch Electrical Wholesale Limitedthis 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £304k), 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.