How much does McConnells Electrical Company Limited make?

McConnells Electrical Company Limited reported revenue of £20.2m and £456k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does McConnells Electrical Company Limited have?

McConnells Electrical Company Limited reported an average of 47 employees in the year to 31 Mar 2025.

Is McConnells Electrical Company Limited profitable?

Yes — McConnells Electrical Company Limited reported a profit of £456k in the year to 31 Mar 2025.

Company No. 02595801 · Incorporated 26 Mar 1991

McConnells Electrical Company Limited

Registered name: MCCONNELLS ELECTRICAL COMPANY LIMITED

McConnells Electrical Company Limited made £20.2m revenue and £456k profit in the year to 31 Mar 2025.

McConnells Electrical Company Limited’s revenue grew 15% to £20.2m in the year to 31 Mar 2025, with £456k profit and 47 employees. The company is classified under “electrical installation” and is based in Newark; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active
Location: Newark, East Midlands
Age: 35 yrs · since 1991
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentOperating leverageBoring industryCash flow filed

Revenue

£20.2m

Growth ▲15.1%

Profit

£456k

Growth ▲22.9%

Profit margin

2.3%

Gross 34.7%

Employees

Change ▲14.6%

Profit / employee

£9.7k

Revenue/employee £429k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£17.5m	£20.2m
Cost of sales	—	—	£11.5m	£13.2m
Gross profit	—	—	£6m	£7m
Operating profit	—	—	£527k	£594k
Profit before tax	—	—	£531k	£611k
Profit after tax	—	—	£371k	£456k
Profit (best available)	—	—	£371k	£456k
Staff costs	—	—	£4.3m	£5.1m
Employees (average)	25	34	41	47
Ratios
Profit margin	—	—	2.1%	2.3%
Gross margin	—	—	34.4%	34.7%
Revenue per employee	—	—	£427k	£429k
Profit per employee	—	—	£9.1k	£9.7k
Cash conversion	—	—	−11.6%	242%
Growth (year on year)
Revenue growth	—	—	—	▲15.1%
Profit growth	—	—	—	▲22.9%
Headcount growth	—	▲36%	▲20.6%	▲14.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£2.1m	£1.7m	£1.5m
Net assets	£1.8m	£2.1m	£2.5m	£3m
Fixed assets	£109k	£574k	£588k	£2.1m
Current assets	£6.7m	£4.3m	£5.7m	£6.8m
Debtors	£4.6m	£1.9m	£2.6m	£3.2m
Deferred income	—	—	£1.9m	£3.1m
Cash from operations	—	—	−£61.3k	£1.4m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FilletedAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 2.3%; Profit ÷ revenue.
Gross margin: 34.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £429k; Revenue ÷ average employees.
Profit per employee: £9.7k; Profit ÷ average employees.
Cash conversion: 242%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 15.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.1%; 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: ▲18%; Now £3m
Cash at bank: ▼14%; Now £1.5m
Headcount: ▲15%; Now 47
Deferred income: ▲66%; Now £3.1m
Fixed assets: ▲256%; Now £2.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £456k), 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.