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Company No. 12270209 · Incorporated 18 Oct 2019

Naes Power Solutions Limited

Registered name: NAES POWER SOLUTIONS LIMITED

Part of Itochu Corporation group

Naes Power Solutions Limited made £12.7m revenue and £456k profit in the year to 31 Mar 2025.

Naes Power Solutions Limited’s revenue grew 18% to £12.7m in the year to 31 Mar 2025, with £456k profit and 117 employees. The company is classified under “engineering related scientific and technical consulting activities” and is based in Birmingham; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71122Engineering related scientific and technical consulting activities
Status
Active
Location
Birmingham, West Midlands
Age
7 yrs · since 2019
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2025

Key figures

Revenue
£12.7m
Growth ▲18.4%
Profit
£456k
Growth ▲9.4%
Profit margin
3.6%
Gross 4.6%
Employees
117
Change ▲12.5%
Profit / employee
£3.9k
Revenue/employee £109k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£7.2m£8m£10.8m£12.7m
Cost of sales£7m£7.5m£10.2m£12.1m
Gross profit£269k£548k£552k£589k
Operating profit£167k£315k£542k£563k
Profit before tax£166k£321k£570k£609k
Profit after tax£133k£252k£417k£456k
Profit (best available)£133k£252k£417k£456k
Staff costs£5.5m£6.5m£9.3m—
Employees (average)6276104117
Ratios
Profit margin1.8%3.1%3.9%3.6%
Gross margin3.7%6.8%5.1%4.6%
Revenue per employee£117k£105k£103k£109k
Profit per employee£2.1k£3.3k£4k£3.9k
Growth (year on year)
Revenue growth—▲10.7%▲34.1%▲18.4%
Profit growth—▲89.7%▲65.8%▲9.4%
Headcount growth—▲22.6%▲36.8%▲12.5%
Balance sheet — indirect signals, not revenue
Cash at bank£2.3m£465k£2.1m£558k
Net assets£228k£479k£897k£1.4m
Current assets£3.5m£2m£3.3m—
Debtors£1.3m£1.5m£1.2m£1.6m
Deferred income£11.5k£14.1k£411k£28.7k
SourceAccounts · bulk data Mar 2024Accounts · bulk data Mar 2024FullAccounts · bulk data Jan 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
3.6%
Profit ÷ revenue.
Gross margin
4.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£109k
Revenue ÷ average employees.
Profit per employee
£3.9k
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
0.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12.8%
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
▲51%
Now £1.4m
Cash at bank
▼74%
Now £558k
Headcount
▲13%
Now 117
Deferred income
▼93%
Now £28.7k
Fixed assets
—
Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Itochu Corporation (registered outside the UK register)ultimate parent75–100%
  2. Naes Power Solutions Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £456k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 17 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.