Dowds Electrical (Holdings) Limited
Registered name: DOWDS ELECTRICAL (HOLDINGS) LIMITED
Dowds Electrical (Holdings) Limited made £65.3m revenue and £225k profit in the year to 31 Mar 2025.
Dowds Electrical (Holdings) Limited’s revenue fell 10% to £65.3m in the year to 31 Mar 2025, with £225k profit and 262 employees. The company is classified under “non-trading company” and is based in Ballymena; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Ballymena, Northern Ireland
- Age
- 22 yrs · since 2004
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £41.2m | £54.4m | £72.7m | £65.3m |
| Cost of sales | £36.2m | £52.6m | £67.1m | £59m |
| Gross profit | £5.1m | £1.8m | £5.6m | £6.3m |
| Operating profit | £390k | −£2.8m | £1.6m | £1.3m |
| Profit before tax | £495k | −£2.8m | £1.5m | £1.3m |
| Profit after tax | £750k | −£2.7m | £150k | £225k |
| Profit (best available) | £750k | −£2.7m | £150k | £225k |
| Staff costs | £10.7m | £12.3m | £12.5m | £13.4m |
| Employees (average) | 193 | 206 | 211 | 262 |
| Ratios | ||||
| Profit margin | 1.8% | −4.9% | 0.2% | 0.3% |
| Gross margin | 12.3% | 3.3% | 7.7% | 9.7% |
| Revenue per employee | £213k | £264k | £345k | £249k |
| Profit per employee | £3.9k | −£13k | £711 | £859 |
| Cash conversion | −295.9% | — | 344.4% | 268.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲31.9% | ▲33.8% | ▼10.2% |
| Profit growth | — | ▼457% | — | ▲50% |
| Headcount growth | — | ▲6.7% | ▲2.4% | ▲24.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £100 | £100 | £100 | £100 |
| Net assets | £2m | £2m | £2m | £2m |
| Fixed assets | £651k | £4.3m | £4.8m | £4.8m |
| Current assets | £19.9m | £20.8m | £18.9m | £29.3m |
| Debtors | £4.1m | £7.7m | £3.6m | £12.1m |
| Cash from operations | −£1.2m | −£5.3m | £5.4m | £3.6m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | Accounts · bulk data Jul 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0.3%
- Profit ÷ revenue.
- Gross margin
- 9.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £249k
- Revenue ÷ average employees.
- Profit per employee
- £859
- Profit ÷ average employees.
- Cash conversion
- 268.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.6%
- 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
- 0%
- Now £2m
- Cash at bank
- 0%
- Now £100
- Headcount
- ▲24%
- Now 262
- Deferred income
- —
- Now —
- Fixed assets
- ▼1%
- Now £4.8m
Group structure
Subsidiaries (2)
- J.F. & H. Dowds LimitedRev. £65.3m · Profit £1.2m
- Dowds Energy Solutions LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £225k), from the Companies House accounts bulk data published Dec 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.