How much does Rayspec Limited make?

Rayspec Limited reported revenue of £6.4m and £193k profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Rayspec Limited have?

Rayspec Limited reported an average of 32 employees in the year to 31 Mar 2026.

Is Rayspec Limited profitable?

Yes — Rayspec Limited reported a profit of £193k in the year to 31 Mar 2026.

Company No. 03449630 · Incorporated 14 Oct 1997

Rayspec Limited

Registered name: RAYSPEC LIMITED

Part of Nippon Kayaku Co., Ltd group

Rayspec Limited made £6.4m revenue and £193k profit in the year to 31 Mar 2026.

Rayspec Limited’s revenue fell 33% to £6.4m in the year to 31 Mar 2026, with £193k profit and 32 employees. The company is classified under “manufacture of other electrical equipment” and is based in High Wycombe; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 27900Manufacture of other electrical equipment

Status: Active
Location: High Wycombe, South East
Age: 29 yrs · since 1997
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 2026

Key figures

Revenue

£6.4m

Growth ▼33%

Profit

£193k

Growth ▼86.4%

Profit margin

Gross 33.1%

Employees

Change ▼3%

Profit / employee

£6k

Revenue/employee £199k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£8.8m	£9.5m	£6.4m
Cost of sales	−£5.9m	−£6m	−£4.2m
Gross profit	£2.9m	£3.5m	£2.1m
Operating profit	£1.5m	£1.8m	£166k
Profit before tax	£1.6m	£1.9m	£278k
Profit after tax	£1.2m	£1.4m	£193k
Profit (best available)	£1.2m	£1.4m	£193k
Employees (average)	31	33	32
Ratios
Profit margin	13.7%	15%	3%
Gross margin	33.1%	37.3%	33.1%
Revenue per employee	£285k	£287k	£199k
Profit per employee	£39k	£43.1k	£6k
Growth (year on year)
Revenue growth	—	▲7.3%	▼33%
Profit growth	—	▲17.4%	▼86.4%
Headcount growth	—	▲6.5%	▼3%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Sep 2025	Accounts · bulk data Sep 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 3%; Profit ÷ revenue.
Gross margin: 33.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £199k; Revenue ÷ average employees.
Profit per employee: £6k; 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: ▼3%; Now 32
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Nippon Kayaku Co., Ltd (registered outside the UK register)ultimate parent75–100%
Rayspec Limitedthis company

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

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 2026 (profit £193k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 14 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.