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Company No. NI034252 · Incorporated 26 May 1998

Premier Electrics Limited

Registered name: PREMIER ELECTRICS LIMITED

Premier Electrics Limited made £51.7m revenue and £7.5m profit in the year to 31 Mar 2025.

Premier Electrics Limited’s revenue fell 1% to £51.7m in the year to 31 Mar 2025, with £7.5m profit and 81 employees. The company is classified under “electrical installation” and is based in Magherafelt; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation
Status
Active
Location
Magherafelt, Northern Ireland
Age
28 yrs · since 1998
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: “Cavan Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightBoring industryCash flow filed
Revenue
£51.7m
Growth ▼1.2%
Profit
£7.5m
Growth ▲1.2%
Profit margin
14.4%
Gross 33.7%
Employees
81
Change ▲2.5%
Profit / employee
£92.1k
Revenue/employee £638k
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202431 Mar 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£52.4m£51.7m
Cost of sales£33.8m£34.3m
Gross profit£18.6m£17.4m
Operating profit£9.4m£9m
Profit before tax£9.7m£9.7m
Profit after tax£7.4m£7.5m
Profit (best available)£7.4m£7.5m
Staff costs£8.8m£7.4m
Employees (average)7981
Ratios
Profit margin14.1%14.4%
Gross margin35.5%33.7%
Revenue per employee£663k£638k
Profit per employee£93.4k£92.1k
Cash conversion105.8%62.4%
Growth (year on year)
Revenue growth—▼1.2%
Profit growth—▲1.2%
Headcount growth—▲2.5%
Balance sheet — indirect signals, not revenue
Cash at bank£13.6m£11.7m
Net assets£20.2m£23.7m
Fixed assets£2m£1.9m
Current assets£28.8m£32.2m
Debtors£5.9m£6.1m
Deferred income£6.9m£6.2m
Cash from operations£9.9m£5.6m
SourceFullAccounts · bulk data Dec 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
14.4%
Profit ÷ revenue.
Gross margin
33.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£638k
Revenue ÷ average employees.
Profit per employee
£92.1k
Profit ÷ average employees.
Cash conversion
62.4%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
3.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
12%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11.8%
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
▲17%
Now £23.7m
Cash at bank
▼14%
Now £11.7m
Headcount
▲3%
Now 81
Deferred income
▼11%
Now £6.2m
Fixed assets
▼5%
Now £1.9m

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

Corporate ownership

Group structure

Subsidiaries (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £7.5m), 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.