Morgan Electrical North West Ltd
Registered name: MORGAN ELECTRICAL NORTH WEST LTD
Morgan Electrical North West Ltd made £1.5m revenue and £715k profit in the year to 31 Aug 2025.
Morgan Electrical North West Ltd’s revenue grew 36% to £1.5m in the year to 31 Aug 2025, with £715k profit and 14 employees. The company is classified under “development of building projects” and is based in Manchester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 15 yrs · since 2011
- 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 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £318k | £1.1m | £1.5m |
| Cost of sales | — | £171k | £302k | £197k |
| Gross profit | — | £146k | £803k | £1.3m |
| Operating profit | — | £41.7k | £616k | £730k |
| Profit before tax | — | £41.7k | £616k | £730k |
| Profit after tax | — | £32.3k | £611k | £715k |
| Profit (best available) | — | £32.3k | £611k | £715k |
| Employees (average) | -1 | -1 | 2 | 14 |
| Ratios | ||||
| Profit margin | — | 10.2% | 55.3% | 47.7% |
| Gross margin | — | 46.1% | 72.7% | 86.9% |
| Revenue per employee | — | −£318k | £553k | £107k |
| Profit per employee | — | −£32.3k | £306k | £51k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲247.8% | ▲35.6% |
| Profit growth | — | — | ▲1793% | ▲16.9% |
| Headcount growth | — | — | — | ▲600% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | £3.7k | £219k | £243k |
| Net assets | −£40.1k | −£7.8k | £603k | £1.3m |
| Fixed assets | £31.7k | £24.1k | £241k | £912k |
| Current assets | £17.1k | £43.9k | £446k | £519k |
| Debtors | — | £40.2k | £227k | £252k |
| Deferred income | — | £3k | — | — |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 | FullAccounts · bulk data Nov 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 47.7%
- Profit ÷ revenue.
- Gross margin
- 86.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £107k
- Revenue ÷ average employees.
- Profit per employee
- £51k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 60.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.8%
- 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
- ▲118%
- Now £1.3m
- Cash at bank
- ▲11%
- Now £243k
- Headcount
- ▲600%
- Now 14
- Deferred income
- —
- Now —
- Fixed assets
- ▲279%
- Now £912k
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £715k), from the Companies House accounts bulk data published May 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.