Prime Electrical Solutions Ltd
Registered name: PRIME ELECTRICAL SOLUTIONS LTD
Prime Electrical Solutions Ltd made £157k revenue and £5k profit in the year to 31 Mar 2025.
Prime Electrical Solutions Ltd’s revenue fell 18% to £157k in the year to 31 Mar 2025, with £5k profit and 2 employees. The company is classified under “electrical installation” and is based in Wednesbury; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wednesbury, West Midlands
- Age
- 11 yrs · since 2015
- 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 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £124k | £191k | £157k |
| Cost of sales | £85.6k | £123k | £133k |
| Gross profit | £38.2k | £68.3k | £23.8k |
| Operating profit | £13.4k | £45.4k | £5.5k |
| Profit before tax | £13.4k | £45.8k | £6.2k |
| Profit after tax | £10.9k | £37.1k | £5k |
| Profit (best available) | £10.9k | £37.1k | £5k |
| Employees (average) | 2 | 2 | 2 |
| Ratios | |||
| Profit margin | 8.8% | 19.4% | 3.2% |
| Gross margin | 30.9% | 35.8% | 15.2% |
| Revenue per employee | £61.9k | £95.5k | £78.4k |
| Profit per employee | £5.4k | £18.5k | £2.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▲54.2% | ▼17.9% |
| Profit growth | — | ▲241.1% | ▼86.5% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £21.9k | £34.4k | £27.9k |
| Net assets | £42.4k | £67.5k | £58.5k |
| Fixed assets | £3k | £3k | £3k |
| Current assets | £49.2k | £77.6k | £64.5k |
| Debtors | £27.3k | £43.1k | £36.6k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Apr 2025 |
How the business works
- Profit margin
- 3.2%
- Profit ÷ revenue.
- Gross margin
- 15.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £78.4k
- Revenue ÷ average employees.
- Profit per employee
- £2.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.3%
- 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
- ▼13%
- Now £58.5k
- Cash at bank
- ▼19%
- Now £27.9k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £3k
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £5k), from the Companies House accounts bulk data published Apr 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.