Hanover Electrical Services Ltd
Registered name: HANOVER ELECTRICAL SERVICES LTD
Hanover Electrical Services Ltd made £35.8k revenue and £1.3k profit in the year to 31 Mar 2023.
Hanover Electrical Services Ltd’s revenue fell 58% to £35.8k in the year to 31 Mar 2023, with £1.3k profit and 1 employee. The company is classified under “trade of electricity” and is based in Hampton; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Hampton, London
- Age
- 7 yrs · since 2019
- 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 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £84.8k | £35.8k |
| Profit after tax | £2.2k | £1.3k |
| Profit (best available) | £2.2k | £1.3k |
| Staff costs | £8k | £8k |
| Employees (average) | — | 1 |
| Ratios | ||
| Profit margin | 2.6% | 3.8% |
| Revenue per employee | — | £35.8k |
| Profit per employee | — | £1.3k |
| Growth (year on year) | ||
| Revenue growth | — | ▼57.7% |
| Profit growth | — | ▼39.4% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £277 | −£13.3k |
| Fixed assets | £1k | £666 |
| Current assets | £33.1k | £9.2k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 |
How the business works
- Profit margin
- 3.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £35.8k
- 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
- 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
- —
- 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
- ▼4896%
- Now −£13.3k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼35%
- Now £666
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £1.3k), 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.