How much does Phase 3 Connectors Ltd make?

Phase 3 Connectors Ltd reported revenue of £13.2m and £2.1m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Phase 3 Connectors Ltd have?

Phase 3 Connectors Ltd reported an average of 28 employees in the year to 31 Dec 2024.

Is Phase 3 Connectors Ltd profitable?

Yes — Phase 3 Connectors Ltd reported a profit of £2.1m in the year to 31 Dec 2024.

Company No. 09858827 · Incorporated 5 Nov 2015

Phase 3 Connectors Ltd

Registered name: PHASE 3 CONNECTORS LTD

Part of Sdiptech Ab (Publ) group

Phase 3 Connectors Ltd made £13.2m revenue and £2.1m profit in the year to 31 Dec 2024. read from filing text

Phase 3 Connectors Ltd’s revenue grew 28% to £13.2m in the year to 31 Dec 2024, with £2.1m profit and 28 employees. The company is classified under “electrical installation” and is based in Liverpool; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active
Location: Liverpool, North West
Age: 10 yrs · since 2015
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 2024

Key figures

Capital-lightBoring industryCash flow filed

Revenue

£13.2m

Growth ▲27.8%

Profit

£2.1m

Growth ▼30.8%

Profit margin

16%

Gross 28%

Employees

Change ▲7.7%

Profit / employee

£75.4k

Revenue/employee £473k

Profitable streak

2yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£10.4m	£13.2m
Cost of sales	—	£5.6m	£9.5m
Gross profit	—	£4.8m	£3.7m
Operating profit	—	£3.9m	£2.8m
Profit before tax	—	£3.9m	£2.8m
Profit after tax	—	£3.1m	£2.1m
Profit (best available)	—	£3.1m	£2.1m
Staff costs	—	£696k	£789k
Employees (average)	23	26	28
Ratios
Profit margin	—	29.5%	16%
Gross margin	—	46%	28%
Revenue per employee	—	£398k	£473k
Profit per employee	—	£117k	£75.4k
Cash conversion	—	−48.4%	−98.4%
Growth (year on year)
Revenue growth	—	—	▲27.8%
Profit growth	—	—	▼30.8%
Headcount growth	—	▲13%	▲7.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£2.7m	£2.3m
Net assets	£4.3m	£5.6m	£5.8m
Fixed assets	£186k	£126k	£88k
Current assets	£6.4m	£7.7m	£7.6m
Debtors	£1.5m	£1.5m	£2.4m
Deferred income	—	£20.9k	£58.3k
Cash from operations	—	−£1.9m	−£2.7m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 16%; Profit ÷ revenue.
Gross margin: 28%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £473k; Revenue ÷ average employees.
Profit per employee: £75.4k; Profit ÷ average employees.
Cash conversion: −98.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.2%; 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: ▲4%; Now £5.8m
Cash at bank: ▼13%; Now £2.3m
Headcount: ▲8%; Now 28
Deferred income: ▲179%; Now £58.3k
Fixed assets: ▼30%; Now £88k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Sdiptech Ab (Publ) (registered outside the UK register)ultimate parent75–100%
Sdip Holdings UK Limited75–100%
P3C Holdings Limited75–100%
Phase 3 Connectors Ltdthis 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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £2.1m), 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.