How much does Kelvinside Electronics Limited make?

Kelvinside Electronics Limited reported revenue of £13.9m and £733k profit in the year to 30 Nov 2025, according to its accounts filed at Companies House.

How many employees does Kelvinside Electronics Limited have?

Kelvinside Electronics Limited reported an average of 57 employees in the year to 30 Nov 2025.

Is Kelvinside Electronics Limited profitable?

Yes — Kelvinside Electronics Limited reported a profit of £733k in the year to 30 Nov 2025.

Company No. SC105407 · Incorporated 25 Jun 1987

Kelvinside Electronics Limited

Registered name: KELVINSIDE ELECTRONICS LIMITED

Part of Kelvinside Electronics (Number1) Ltd group

Kelvinside Electronics Limited made £13.9m revenue and £733k profit in the year to 30 Nov 2025. read from filing text

Kelvinside Electronics Limited’s revenue fell 5% to £13.9m in the year to 30 Nov 2025, with £733k profit and 57 employees. The company is classified under “manufacture of loaded electronic boards” and is based in Strathclyde; we hold 5 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 26120Manufacture of loaded electronic boards

Status: Active
Location: Strathclyde, Scotland
Age: 39 yrs · since 1987
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. From the filing: “The”

Latest accounts · year to 30 Nov 2025

Key figures

Capital-light

Revenue

£13.9m

Growth ▼5.5%

Profit

£733k

Growth ▼23.1%

Profit margin

5.3%

Gross 31.8%

Employees

Change ▼6.6%

Profit / employee

£12.9k

Revenue/employee £243k

Profitable streak

5yrs

Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2021	30 Nov 2022	30 Nov 2023	30 Nov 2024	30 Nov 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£11.3m	£13.5m	£16.6m	£14.7m	£13.9m
Cost of sales	£7.2m	£9m	£12.1m	£10.1m	£9.4m
Gross profit	£4m	£4.5m	£4.5m	£4.6m	£4.4m
Operating profit	£1.3m	£1.4m	£1.4m	£1.3m	£965k
Profit before tax	£1.3m	£1.4m	£1.4m	£1.3m	£994k
Profit after tax	£1m	£1.1m	£1.1m	£953k	£733k
Profit (best available)	£1m	£1.1m	£1.1m	£953k	£733k
Staff costs	£2.1m	£2.1m	£2.4m	£2.4m	£2.6m
Employees (average)	67	64	65	61	57
Ratios
Profit margin	9%	8.5%	6.5%	6.5%	5.3%
Gross margin	35.8%	33.6%	26.9%	31.2%	31.8%
Revenue per employee	£168k	£211k	£255k	£240k	£243k
Profit per employee	£15.1k	£17.9k	£16.6k	£15.6k	£12.9k
Growth (year on year)
Revenue growth	—	▲19.9%	▲23%	▼11.6%	▼5.5%
Profit growth	—	▲13.4%	▼5.9%	▼11.7%	▼23.1%
Headcount growth	—	▼4.5%	▲1.6%	▼6.2%	▼6.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£536k	£752k	£543k	£2.4m
Net assets	£5.3m	£6.5m	£7.5m	£8.5m	£9.2m
Fixed assets	£204k	£292k	£264k	£225k	£226k
Current assets	£7.8m	£12m	£15.1m	£10.3m	£10.6m
Debtors	£2m	£2.4m	£4.3m	£3.3m	£2.6m
Deferred income	£3.4k	£1.9k	£429	£0	£109k
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 5.3%; Profit ÷ revenue.
Gross margin: 31.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £243k; Revenue ÷ average employees.
Profit per employee: £12.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.6%; 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: ▲9%; Now £9.2m
Cash at bank: ▲347%; Now £2.4m
Headcount: ▼7%; Now 57
Deferred income: —; Now £109k
Fixed assets: ▲0%; Now £226k

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

Kelvinside Electronics (Number1) Ltd (registered outside the UK register)ultimate parent75–100%
Kelvinside Electronics 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £733k), from the Companies House accounts bulk data published May 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.