How much does SR Palette Electrical Services Ltd make?

SR Palette Electrical Services Ltd reported revenue of £50k and a loss of £692 in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does SR Palette Electrical Services Ltd have?

SR Palette Electrical Services Ltd reported an average of 1 employee in the year to 31 May 2025.

Is SR Palette Electrical Services Ltd profitable?

No — SR Palette Electrical Services Ltd reported a loss of £692 in the year to 31 May 2025.

Company No. 12605514 · Incorporated 15 May 2020

SR Palette Electrical Services Ltd

Registered name: SR PALETTE ELECTRICAL SERVICES LTD

SR Palette Electrical Services Ltd made £50k revenue and a £692 loss in the year to 31 May 2025.

SR Palette Electrical Services Ltd’s revenue grew 4% to £50k in the year to 31 May 2025, with a loss of £692 and 1 employee. The company is classified under “electrical installation” and is based in Stevenage; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active
Location: Stevenage, East of England
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 May 2025

Key figures

IndependentSmall teamBoring industry

Revenue

£50k

Growth ▲4.1%

Profit

−£692

Growth ▼112.5%

Profit margin

−1.4%

Employees

Change 0%

Profit / employee

−£692

Revenue/employee £50k

Profitable streak

0yrs

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 to	31 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£47.1k	£44.8k	£48k	£50k
Profit after tax	−£2k	−£959	£5.5k	−£692
Profit (best available)	−£2k	−£959	£5.5k	−£692
Staff costs	£26.5k	£4.2k	—	—
Employees (average)	2	2	1	1
Ratios
Profit margin	−4.3%	−2.1%	11.5%	−1.4%
Revenue per employee	£23.6k	£22.4k	£48k	£50k
Profit per employee	−£1k	−£480	£5.5k	−£692
Growth (year on year)
Revenue growth	—	▼4.8%	▲7%	▲4.1%
Profit growth	—	—	—	▼112.5%
Headcount growth	—	0%	▼50%	0%
Balance sheet — indirect signals, not revenue
Net assets	−£523	−£1.5k	£4.4k	£7.3k
Current assets	£7.2k	£1.9k	£11k	£14.9k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −1.4%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £50k; Revenue ÷ average employees.
Profit per employee: −£692; 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: ▲65%; Now £7.3k
Cash at bank: —; Now —
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 31 May 2025 (profit −£692), from the Companies House accounts bulk data published Oct 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.