How much does CP (Electric) Limited make?

CP (Electric) Limited reported revenue of £50.5m and £12.9m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does CP (Electric) Limited have?

CP (Electric) Limited reported an average of 17 employees in the year to 31 Dec 2023.

Is CP (Electric) Limited profitable?

Yes — CP (Electric) Limited reported a profit of £12.9m in the year to 31 Dec 2023.

Company No. SC553729 · Incorporated 5 Jan 2017

CP (Electric) Limited

Registered name: CP (ELECTRIC) LIMITED

Part of Squared Midco Limited group

CP (Electric) Limited made £50.5m revenue and £12.9m profit in the year to 31 Dec 2023.

CP (Electric) Limited’s revenue grew 42% to £50.5m in the year to 31 Dec 2023, with £12.9m profit and 17 employees. The company is classified under “other retail sale in non-specialised stores” and is based in Kilmarnock; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47190Other retail sale in non-specialised stores

Status: Active
Location: Kilmarnock, Scotland
Age: 9 yrs · since 2017
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: “CP (Electric) Management Services LTD”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightOperating leverage

Revenue

£50.5m

Growth ▲42%

Profit

£12.9m

Growth ▲70.1%

Profit margin

25.5%

Gross 36.1%

Employees

Change ▲13.3%

Profit / employee

£758k

Revenue/employee £3m

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£35.5m	£50.5m
Cost of sales	£25.2m	£32.3m
Gross profit	£10.4m	£18.2m
Operating profit	£9.4m	£16.5m
Profit before tax	£9.4m	£16.5m
Profit after tax	£7.6m	£12.9m
Profit (best available)	£7.6m	£12.9m
Staff costs	£438k	£779k
Employees (average)	15	17
Ratios
Profit margin	21.3%	25.5%
Gross margin	29.2%	36.1%
Revenue per employee	£2.4m	£3m
Profit per employee	£505k	£758k
Growth (year on year)
Revenue growth	—	▲42%
Profit growth	—	▲70.1%
Headcount growth	—	▲13.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£873k	£11.4m
Net assets	£14.3m	£22.2m
Fixed assets	£70.8k	£46.8k
Current assets	£18.7m	£31.3m
Debtors	£10.7m	£12.1m
Source	FullAccounts · bulk data May 2025	FullAccounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: 25.5%; Profit ÷ revenue.
Gross margin: 36.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £3m; Revenue ÷ average employees.
Profit per employee: £758k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 24.1%; 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: ▲55%; Now £22.2m
Cash at bank: ▲1205%; Now £11.4m
Headcount: ▲13%; Now 17
Deferred income: —; Now —
Fixed assets: ▼34%; Now £46.8k

Corporate ownership

Group structure

Ownership chain

Squared Midco Limitedultimate parent75–100%
Squared Bidco Limited75–100%
CP (Electric) Management Services Ltd75–100%
CP (Electric) 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £12.9m), from the Companies House accounts bulk data published May 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.