Electrical Testing Limited
Registered name: ELECTRICAL TESTING LIMITED
Electrical Testing Limited made £13.7m revenue and £1.3m profit in the year to 31 Dec 2024.
Electrical Testing Limited’s revenue was £13.7m in the year to 31 Dec 2024, with £1.3m profit and 42 employees. The company is classified under “technical testing and analysis” and is based in Norwich; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Norwich, East of England
- Age
- 36 yrs · since 1990
- 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: “Electrical Testing (Holdings) Limited is the company's ultimate parent company.Electrical Testing (Holdings) Limited is a company incorporated in England whose registered office address is The Bridge,”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £13.6m | £13.7m | £13.7m |
| Cost of sales | £7.5m | £8.1m | £7.2m |
| Gross profit | £6.1m | £5.6m | £6.5m |
| Operating profit | £1.5m | £783k | £1.6m |
| Profit before tax | £1.5m | £818k | £1.7m |
| Profit after tax | £1.3m | £681k | £1.3m |
| Profit (best available) | £1.3m | £681k | £1.3m |
| Staff costs | £2.1m | £2.3m | £2.3m |
| Employees (average) | 41 | 45 | 42 |
| Ratios | |||
| Profit margin | 9.8% | 5% | 9.6% |
| Gross margin | 45% | 40.9% | 47.4% |
| Revenue per employee | £332k | £305k | £327k |
| Profit per employee | £32.5k | £15.1k | £31.4k |
| Cash conversion | −98.3% | −131.3% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.7% | ▲0.1% |
| Profit growth | — | ▼48.8% | ▲93.4% |
| Headcount growth | — | ▲9.8% | ▼6.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.4m | £3.3m | £4.4m |
| Net assets | £6.2m | £6.5m | £7.3m |
| Fixed assets | £1m | £1.1m | £1.3m |
| Current assets | £6.7m | £6.5m | £7.1m |
| Debtors | £1.2m | £969k | £653k |
| Cash from operations | −£1.5m | −£1m | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 9.6%
- Profit ÷ revenue.
- Gross margin
- 47.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £327k
- Revenue ÷ average employees.
- Profit per employee
- £31.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.8%
- 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
- ▲14%
- Now £7.3m
- Cash at bank
- ▲34%
- Now £4.4m
- Headcount
- ▼7%
- Now 42
- Deferred income
- —
- Now —
- Fixed assets
- ▲18%
- Now £1.3m
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.3m), from the Companies House accounts bulk data published Sep 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.