Harvey Group PLC
Registered name: HARVEY GROUP PLC
Harvey Group PLC made £17.6m revenue and £759k profit in the year to 31 Aug 2025. read from filing text
Harvey Group PLC’s revenue grew 18% to £17.6m in the year to 31 Aug 2025, with £759k profit and 67 employees. The company is classified under “electrical installation” and is based in Newtownabbey; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Newtownabbey, Northern Ireland
- Age
- 48 yrs · since 1978
- Type
- Public 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 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £15.8m | £15m | £17.6m |
| Cost of sales | £14.9m | £13.5m | £16.1m |
| Gross profit | £934k | £1.4m | £1.5m |
| Operating profit | £379k | £651k | £680k |
| Profit before tax | £2.2m | £709k | £759k |
| Profit after tax | £2.1m | £709k | £759k |
| Profit (best available) | £2.1m | £709k | £759k |
| Staff costs | £2.6m | £2.7m | £3.2m |
| Employees (average) | 60 | 60 | 67 |
| Ratios | |||
| Profit margin | 13.5% | 4.7% | 4.3% |
| Gross margin | 5.9% | 9.5% | 8.3% |
| Revenue per employee | £263k | £249k | £263k |
| Profit per employee | £35.5k | £11.8k | £11.3k |
| Cash conversion | 676.1% | −157.1% | −528.9% |
| Growth (year on year) | |||
| Revenue growth | — | ▼5.3% | ▲17.8% |
| Profit growth | — | ▼66.8% | ▲7.1% |
| Headcount growth | — | 0% | ▲11.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.7m | £2.4m | £5.1m |
| Net assets | £5.5m | £5.4m | £5.4m |
| Fixed assets | £1.4m | £1.5m | £1.5m |
| Current assets | £7.6m | £6.3m | £9.2m |
| Debtors | £1.8m | £1.5m | £1.8m |
| Deferred income | £1.1m | £385k | £3.7m |
| Cash from operations | £2.6m | −£1m | −£3.6m |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 4.3%
- Profit ÷ revenue.
- Gross margin
- 8.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £263k
- Revenue ÷ average employees.
- Profit per employee
- £11.3k
- Profit ÷ average employees.
- Cash conversion
- −528.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 21.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.1%
- 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
- ▼1%
- Now £5.4m
- Cash at bank
- ▲112%
- Now £5.1m
- Headcount
- ▲12%
- Now 67
- Deferred income
- ▲866%
- Now £3.7m
- Fixed assets
- ▼2%
- Now £1.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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- Profit
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- Staff
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- Orton Electrical Services LimitedHalesowen · Electrical installation
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- Profit
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- Derry LimitedNewark · Electrical installation
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- Profit
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- DLP Services (Northern) LimitedPendleton Salford · Electrical installation
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- £17.4m
- Profit
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- Lloyd Morris Electrical LimitedWrexham · Electrical installation
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £759k), from the Companies House accounts bulk data published Feb 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.