How much does Nextwave Electrical Ltd make?

Nextwave Electrical Ltd reported revenue of £34k and £2.8k profit in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does Nextwave Electrical Ltd have?

Nextwave Electrical Ltd reported an average of 1 employee in the year to 28 Feb 2025.

Is Nextwave Electrical Ltd profitable?

Yes — Nextwave Electrical Ltd reported a profit of £2.8k in the year to 28 Feb 2025.

Company No. SC654053 · Incorporated 10 Feb 2020

Nextwave Electrical Ltd

Registered name: NEXTWAVE ELECTRICAL LTD

Nextwave Electrical Ltd made £34k revenue and £2.8k profit in the year to 28 Feb 2025.

Nextwave Electrical Ltd’s revenue was £34k in the year to 28 Feb 2025, with £2.8k profit and 1 employee. The company is classified under “electrical installation” and is based in Glasgow; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active
Location: Glasgow, Scotland
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 28 Feb 2025

Key figures

IndependentSmall teamCapital-lightBoring industry

Revenue

£34k

Growth —

Profit

£2.8k

Growth —

Profit margin

8.2%

Employees

Change 0%

Profit / employee

£2.8k

Revenue/employee £34k

Profitable streak

1yr

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	28 Feb 2022	28 Feb 2023	29 Feb 2024	28 Feb 2025
Disclosure	No P&L	No P&L	No P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	—	£34k
Profit after tax	—	—	—	£2.8k
Profit (best available)	—	—	—	£2.8k
Staff costs	—	—	—	£16.8k
Employees (average)	1	1	1	1
Ratios
Profit margin	—	—	—	8.2%
Revenue per employee	—	—	—	£34k
Profit per employee	—	—	—	£2.8k
Growth (year on year)
Headcount growth	—	0%	0%	0%
Balance sheet — indirect signals, not revenue
Net assets	£20.8k	£13.1k	£11.3k	−£3.5k
Fixed assets	£20k	£20k	£20k	£2k
Current assets	£500	£850	£0	£2.5k
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 8.2%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £34k; Revenue ÷ average employees.
Profit per employee: £2.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.9%; 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: ▼131%; Now −£3.5k
Cash at bank: —; Now —
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: ▼90%; Now £2k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £2.8k), from the Companies House accounts bulk data published Nov 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.