How much does Faver Electrical Services Ltd make?

Faver Electrical Services Ltd reported revenue of £60.5k and £1.3k profit in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Faver Electrical Services Ltd have?

Faver Electrical Services Ltd reported an average of 1 employee in the year to 30 Sep 2023.

Is Faver Electrical Services Ltd profitable?

Yes — Faver Electrical Services Ltd reported a profit of £1.3k in the year to 30 Sep 2023.

Company No. 11588356 · Incorporated 25 Sep 2018

Faver Electrical Services Ltd

Registered name: FAVER ELECTRICAL SERVICES LTD

Faver Electrical Services Ltd made £60.5k revenue and £1.3k profit in the year to 30 Sep 2023.

Faver Electrical Services Ltd’s revenue was £60.5k in the year to 30 Sep 2023, with £1.3k profit and 1 employee. The company is classified under “electrical installation” and is based in Barnsley; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active - Proposal to Strike off
Location: Barnsley, Yorkshire and The Humber
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 30 Sep 2023

Key figures

IndependentSmall teamBoring industry

Revenue

£60.5k

Growth —

Profit

£1.3k

Growth —

Profit margin

2.1%

Gross 2.5%

Employees

Change 0%

Profit / employee

£1.3k

Revenue/employee £60.5k

Profitable streak

1yr

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	30 Sep 2022	30 Sep 2023
Disclosure	No P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£60.5k
Cost of sales	—	£59k
Gross profit	—	£1.5k
Operating profit	—	£1.5k
Profit before tax	—	£1.5k
Profit after tax	—	£1.3k
Profit (best available)	—	£1.3k
Employees (average)	1	1
Ratios
Profit margin	—	2.1%
Gross margin	—	2.5%
Revenue per employee	—	£60.5k
Profit per employee	—	£1.3k
Growth (year on year)
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£1	£4.6k
Net assets	£1	£4.6k
Current assets	£1	£4.6k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: 2.1%; Profit ÷ revenue.
Gross margin: 2.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £60.5k; Revenue ÷ average employees.
Profit per employee: £1.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; 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: ▲457700%; Now £4.6k
Cash at bank: ▲457700%; Now £4.6k
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2023 (profit £1.3k), from the Companies House accounts bulk data published Jun 2024. 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.