How much does Fundamentals Limited make?

Fundamentals Limited reported revenue of £7.6m and £462k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Fundamentals Limited have?

Fundamentals Limited reported an average of 67 employees in the year to 31 Mar 2025.

Is Fundamentals Limited profitable?

Yes — Fundamentals Limited reported a profit of £462k in the year to 31 Mar 2025.

Company No. 02939559 · Incorporated 16 Jun 1994

Fundamentals Limited

Registered name: FUNDAMENTALS LIMITED

Part of Ea Technology Limited group

Fundamentals Limited made £7.6m revenue and £462k profit in the year to 31 Mar 2025.

Fundamentals Limited’s revenue fell 9% to £7.6m in the year to 31 Mar 2025, with £462k profit and 67 employees. The company is classified under “manufacture of electricity distribution and control apparatus” and is based in Chester; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 27120Manufacture of electricity distribution and control apparatus

Status: Active
Location: Chester, North West
Age: 32 yrs · since 1994
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.

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£7.6m

Growth ▼9.3%

Profit

£462k

Growth ▼31.2%

Profit margin

6.1%

Gross 65.6%

Employees

Change ▲9.8%

Profit / employee

£6.9k

Revenue/employee £113k

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	Profit only	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£8.4m	£7.6m
Cost of sales	—	—	−£2.5m	−£2.6m
Gross profit	—	—	£5.9m	£5m
Operating profit	—	—	£965k	£667k
Profit before tax	—	—	£878k	£591k
Profit after tax	−£26.1k	−£1.1m	£672k	£462k
Profit (best available)	−£26.1k	−£1.1m	£672k	£462k
Employees (average)	68	71	61	67
Ratios
Profit margin	—	—	8%	6.1%
Gross margin	—	—	70.2%	65.6%
Revenue per employee	—	—	£137k	£113k
Profit per employee	−£384	−£15.3k	£11k	£6.9k
Growth (year on year)
Revenue growth	—	—	—	▼9.3%
Profit growth	—	—	—	▼31.2%
Headcount growth	—	▲4.4%	▼14.1%	▲9.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£321k	£167k	£750k	—
Net assets	£5.2m	£3.8m	£4.4m	—
Fixed assets	£2.6m	£2.1m	£1.7m	—
Current assets	£6.1m	£4.8m	£5.2m	—
Debtors	£1.8m	£1.5m	£1.1m	—
Deferred income	£505k	£464k	£358k	—
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Nov 2024	Accounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 6.1%; Profit ÷ revenue.
Gross margin: 65.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £113k; Revenue ÷ average employees.
Profit per employee: £6.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: ▲10%; Now 67
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Ea Technology Limitedultimate parent75–100%
Fundamentals Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Ferranti Tapchangers LimitedFigures not disclosed
Powerline Developments LtdFigures not disclosed

Sister companies (1)

Visnet LimitedFigures not disclosed

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 accounts for the year to 31 Mar 2025 (profit £462k), from the Companies House accounts bulk data published Oct 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.