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Company No. 12504440 · Incorporated 9 Mar 2020

GT Electrical Projects Ltd

Registered name: GT ELECTRICAL PROJECTS LTD

GT Electrical Projects Ltd made £58.9k revenue and £14.1k profit in the year to 31 Mar 2025.

GT Electrical Projects Ltd’s revenue grew 4% to £58.9k in the year to 31 Mar 2025, with £14.1k profit and 1 employee. The company is classified under “electrical installation” and is based in Halifax; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation
Status
Active
Location
Halifax, Yorkshire and The Humber
Age
6 yrs · since 2020
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall teamCapital-lightBoring industry
Revenue
£58.9k
Growth ▲4.2%
Profit
£14.1k
Growth ▼11.4%
Profit margin
23.9%
 
Employees
1
Change 0%
Profit / employee
£14.1k
Revenue/employee £58.9k
Profitable streak
2yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 202431 Mar 2025
DisclosureNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£56.6k£58.9k
Profit after tax—£15.9k£14.1k
Profit (best available)—£15.9k£14.1k
Staff costs—£9.1k£9.1k
Employees (average)111
Ratios
Profit margin—28.1%23.9%
Revenue per employee—£56.6k£58.9k
Profit per employee—£15.9k£14.1k
Growth (year on year)
Revenue growth——▲4.2%
Profit growth——▼11.4%
Headcount growth—0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£2.2k£5k—
Net assets£743£2.6k£6.7k
Fixed assets£1.1k£790£1.2k
Current assets£7k£10.7k£15.9k
Debtors£1.6k£4.7k—
Deferred income£841£475—
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
23.9%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£58.9k
Revenue ÷ average employees.
Profit per employee
£14.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
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.
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
▲155%
Now £6.7k
Cash at bank
—
Now —
Headcount
0%
Now 1
Deferred income
—
Now —
Fixed assets
▲51%
Now £1.2k
Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £14.1k), from the Companies House accounts bulk data published Nov 2025. 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.