JM Philipps & Partners Electrical Services Ltd
Registered name: JM PHILIPPS & PARTNERS ELECTRICAL SERVICES LTD
JM Philipps & Partners Electrical Services Ltd made £67.3k revenue and £19k profit in the year to 30 Sep 2025.
JM Philipps & Partners Electrical Services Ltd’s revenue grew 10% to £67.3k in the year to 30 Sep 2025, with £19k profit and 2 employees. The company is classified under “electrical installation” and is based in Letchworth Garden City; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Letchworth Garden City, East of England
- 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 | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £39.3k | £61k | £67.3k |
| Cost of sales | — | £3.5k | £7.3k | £8.5k |
| Gross profit | — | £35.8k | £53.6k | £58.8k |
| Operating profit | — | £25.8k | £37.3k | £32.8k |
| Profit before tax | — | £25.8k | £31k | £32.8k |
| Profit after tax | — | £25.8k | £18.8k | £19k |
| Profit (best available) | — | £25.8k | £18.8k | £19k |
| Employees (average) | 2 | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | — | 65.7% | 30.8% | 28.3% |
| Gross margin | — | 91.1% | 87.9% | 87.4% |
| Revenue per employee | — | £19.6k | £30.5k | £33.6k |
| Profit per employee | — | £12.9k | £9.4k | £9.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲55.2% | ▲10.3% |
| Profit growth | — | — | ▼27.2% | ▲1.4% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £100 | £150 | £100 | £500 |
| Net assets | £100 | £750 | £100 | £2.1k |
| Fixed assets | — | £900 | £1.5k | £1.5k |
| Current assets | £100 | £150 | £100 | £500 |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 28.3%
- Profit ÷ revenue.
- Gross margin
- 87.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £33.6k
- Revenue ÷ average employees.
- Profit per employee
- £9.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.2%
- 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
- ▲2000%
- Now £2.1k
- Cash at bank
- ▲400%
- Now £500
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £1.5k
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £19k), from the Companies House accounts bulk data published Jul 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.