How much does Akl Electrical Ltd make?

Akl Electrical Ltd reported revenue of £49.5k and a loss of £7.6k in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Akl Electrical Ltd have?

Akl Electrical Ltd reported an average of 2 employees in the year to 31 Mar 2023.

Is Akl Electrical Ltd profitable?

No — Akl Electrical Ltd reported a loss of £7.6k in the year to 31 Mar 2023.

Company No. 10667833 · Incorporated 14 Mar 2017

Akl Electrical Ltd

Registered name: AKL ELECTRICAL LTD

Akl Electrical Ltd made £49.5k revenue and a £7.6k loss in the year to 31 Mar 2023.

Akl Electrical Ltd’s revenue grew 132% to £49.5k in the year to 31 Mar 2023, with a loss of £7.6k and 2 employees. The company is classified under “electrical installation” and is based in Grimsby; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active - Proposal to Strike off
Location: Grimsby, Yorkshire and The Humber
Age: 9 yrs · since 2017
Type: Private Limited Company

Latest accounts · year to 31 Mar 2023

Key figures

IndependentSmall teamCapital-lightBoring industry

Revenue

£49.5k

Growth ▲132.1%

Profit

−£7.6k

Growth —

Profit margin

−15.3%

Employees

Change —

Profit / employee

−£3.8k

Revenue/employee £24.8k

Profitable streak

0yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.3k	£49.5k
Profit after tax	−£16k	−£7.6k
Profit (best available)	−£16k	−£7.6k
Staff costs	£44.9k	£42.8k
Employees (average)	—	2
Ratios
Profit margin	−75.2%	−15.3%
Revenue per employee	—	£24.8k
Profit per employee	—	−£3.8k
Growth (year on year)
Revenue growth	—	▲132.1%
Balance sheet — indirect signals, not revenue
Net assets	−£13.3k	−£12.7k
Fixed assets	£450	£0
Current assets	£4.4k	£0
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: −15.3%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £24.8k; Revenue ÷ average employees.
Profit per employee: −£3.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now −£12.7k
Cash at bank: —; Now —
Headcount: —; Now 2
Deferred income: —; Now —
Fixed assets: ▼100%; Now £0

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£7.6k), from the Companies House accounts bulk data published Dec 2023. 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.