Electricity Asset Services Ltd
Registered name: ELECTRICITY ASSET SERVICES LTD
Electricity Asset Services Ltd made £16.7m revenue and £1.9m profit in the year to 31 Aug 2025.
Electricity Asset Services Ltd’s revenue grew 47% to £16.7m in the year to 31 Aug 2025, with £1.9m profit and 146 employees. The company is classified under “other service activities” and is based in Bristol; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 9 yrs · since 2017
- 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 | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £11.4m | £16.7m |
| Cost of sales | — | — | £3.5m | £5.8m |
| Gross profit | — | — | £8m | £11m |
| Operating profit | — | — | £2.3m | £2.7m |
| Profit before tax | — | — | £2.1m | £2.6m |
| Profit after tax | — | — | £1.5m | £1.9m |
| Profit (best available) | — | — | £1.5m | £1.9m |
| Staff costs | — | — | £4m | £6m |
| Employees (average) | 8 | 45 | 109 | 146 |
| Ratios | ||||
| Profit margin | — | — | 13.6% | 11.6% |
| Gross margin | — | — | 69.7% | 65.5% |
| Revenue per employee | — | — | £105k | £115k |
| Profit per employee | — | — | £14.2k | £13.3k |
| Cash conversion | — | — | 120.5% | 4% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲46.6% |
| Profit growth | — | — | — | ▲25.1% |
| Headcount growth | — | ▲462.5% | ▲142.2% | ▲33.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £578k | £418k | £2.1m | £678k |
| Net assets | £795k | £1.1m | £2.5m | £3.9m |
| Fixed assets | £662k | £1.9m | £2.5m | £2.8m |
| Current assets | £674k | £1.2m | £4m | £6.3m |
| Debtors | £65.4k | £677k | £1.4m | £2.8m |
| Deferred income | — | £6.3k | £134k | £216k |
| Cash from operations | — | — | £2.7m | £110k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 11.6%
- Profit ÷ revenue.
- Gross margin
- 65.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £115k
- Revenue ÷ average employees.
- Profit per employee
- £13.3k
- Profit ÷ average employees.
- Cash conversion
- 4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.9%
- 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
- ▲57%
- Now £3.9m
- Cash at bank
- ▼67%
- Now £678k
- Headcount
- ▲34%
- Now 146
- Deferred income
- ▲61%
- Now £216k
- Fixed assets
- ▲14%
- Now £2.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Mac Contracting LimitedWalsall · Other service activities n.e.c.
- Revenue
- £16.8m
- Profit
- £1.2m
- Staff
- 128
- Ovamill Group LimitedNorfolk · Other service activities n.e.c.
- Revenue
- £16.6m
- Profit
- £826k
- Staff
- 66
- MS Maintenance Solutions LimitedHigh Wycombe · Other service activities n.e.c.
- Revenue
- £17.1m
- Profit
- £299k
- Staff
- 114
- GL Attractions LimitedGlasgow · Other service activities n.e.c.
- Revenue
- £16.4m
- Profit
- £1.6m
- Staff
- 41
- Scots Bearings LimitedEdinburgh · Other service activities n.e.c.
- Revenue
- £17.3m
- Profit
- £764k
- Staff
- 59
- Kismet Kebabs LtdLondon · Other service activities n.e.c.
- Revenue
- £17.4m
- Profit
- £118k
- Staff
- 85
Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £1.9m), 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.