The Full Electrical Services Company Ltd.
Registered name: THE FULL ELECTRICAL SERVICES COMPANY LTD.
The Full Electrical Services Company Ltd. made £28m revenue and £2.9m profit in the year to 30 Nov 2025. read from filing text
The Full Electrical Services Company Ltd.’s revenue grew 15% to £28m in the year to 30 Nov 2025, with £2.9m profit and 47 employees. The company is classified under “electrical installation” and is based in Oxford; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Oxford, South East
- Age
- 31 yrs · since 1995
- 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: “The ultimate controlling party is A S Loyal.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2021 | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | — | £19.5m | £24.5m | £24.4m | £28m |
| Cost of sales | — | £18.1m | £22.1m | £20.9m | £23.1m |
| Gross profit | — | £1.3m | £2.4m | £3.5m | £4.9m |
| Operating profit | — | £124k | £1.2m | £695k | £3.5m |
| Profit before tax | — | £184k | £1.3m | £984k | £3.8m |
| Profit after tax | £845k | £151k | £978k | £724k | £2.9m |
| Profit (best available) | £845k | £151k | £978k | £724k | £2.9m |
| Staff costs | — | £2.9m | £3m | £3.1m | £3.1m |
| Employees (average) | 49 | 45 | 43 | 45 | 47 |
| Ratios | |||||
| Profit margin | — | 0.8% | 4% | 3% | 10.3% |
| Gross margin | — | 6.9% | 10% | 14.2% | 17.6% |
| Revenue per employee | — | £432k | £570k | £542k | £596k |
| Profit per employee | £17.2k | £3.4k | £22.8k | £16.1k | £61.3k |
| Cash conversion | — | 461.7% | −277.7% | −97.8% | −126.4% |
| Growth (year on year) | |||||
| Revenue growth | — | — | ▲26% | ▼0.4% | ▲14.9% |
| Profit growth | — | ▼82.1% | ▲545.9% | ▼26% | ▲297.8% |
| Headcount growth | — | ▼8.2% | ▼4.4% | ▲4.7% | ▲4.4% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £7.6m | £6.5m | £10.1m | £10.1m | £13.3m |
| Net assets | £9.2m | £9.3m | £10.1m | £10.6m | £12.2m |
| Fixed assets | £62.6k | £73.8k | £41.5k | £34.5k | £67.8k |
| Current assets | £14.1m | £13.3m | £14.7m | £15.4m | £19.7m |
| Debtors | £3.1m | £3.6m | £2.6m | £3.8m | £2.4m |
| Deferred income | £366k | £729k | £461k | £0 | £1.1m |
| Cash from operations | — | £573k | −£3.2m | −£680k | −£4.4m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 10.3%
- Profit ÷ revenue.
- Gross margin
- 17.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £596k
- Revenue ÷ average employees.
- Profit per employee
- £61.3k
- Profit ÷ average employees.
- Cash conversion
- −126.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.5%
- 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
- ▲15%
- Now £12.2m
- Cash at bank
- ▲32%
- Now £13.3m
- Headcount
- ▲4%
- Now 47
- Deferred income
- —
- Now £1.1m
- Fixed assets
- ▲97%
- Now £67.8k
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- Eco-1 Electrical Solutions LtdWalsall · Electrical installation
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- Evoenergy LimitedNottingham · Electrical installation
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £2.9m), from the Companies House accounts bulk data published Aug 2026. 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.