SLATERS ELECTRICALS LIMITED
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Next accounts due
2026-10-31 (in 5mo)
Last filed for 2025-01-31
Confirmation statement due
2026-06-09 (in 1mo)
Last made up 2025-05-26
Watchouts
None on the register
Cash
£3M
-12.6% vs 2024
Net assets
£7M
+11.1% vs 2024
Employees
71
+1.4% vs 2024
Profit before tax
£3M
-11% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-01-31
| Metric | Trend | 2024-01-31 | 2025-01-31 |
|---|---|---|---|
| Turnover | £23,656,717 | £22,628,732 | |
| Operating profit | £3,277,141 | £2,939,611 | |
| Profit before tax | £3,377,800 | £3,006,898 | |
| Net profit | £2,759,035 | £2,188,622 | |
| Cash | £3,366,613 | £2,942,682 | |
| Total assets less current liabilities | £6,326,909 | £7,014,697 | |
| Net assets | £6,199,661 | £6,888,283 | |
| Equity | £6,199,661 | £6,888,283 | |
| Average employees | 70 | 71 | |
| Wages | £4,899,140 | £4,899,306 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-01-31 | 2025-01-31 |
|---|---|---|---|
| Operating margin | 13.9% | 13.0% | |
| Net margin | 11.7% | 9.7% | |
| Return on capital employed | 51.8% | 41.9% | |
| Current ratio | 2.11x | 2.18x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Armstrong Watson Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have a reasonable expectation that the company has adequate financial and other resources to continue to prepare the financial statements on a going concern basis.”
Group structure
- SLATERS ELECTRICALS LIMITED · parent
- MEC Electrical Contractors Limited 100%
- Midlands Electrical Contracting Limited 100%
- Slaters Drive Systems Limited 100%
Significant events
- “Following several consecutive years of strong business growth there was a 4% decrease in turnover for the 2025 financial year. The decrease in turnover was primarily due to lower commodity prices leading to lower UK market prices for the equipment the company sells, and a decrease in export sales. The fall in equipment sales this year was partially offset by continued strong growth in installation and maintenance work.”
- “Investments were made during the year in refurbishing and equipping the company's installation division premises that were acquired in the previous year, and in additional plant & machinery for company's main factory to further improve production capacity.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KERR, David | Director | 2025-08-01 | Jan 1979 | British |
| LANCASTER, Stephen Robert | Director | 2025-08-01 | Feb 1981 | British |
| MCGUIRK, Martin William | Director | 2016-09-22 | Feb 1969 | British |
| RIDDELL, Simon Francis | Director | 2013-09-11 | Feb 1961 | British |
| SLATER, James Leo | Director | 2016-09-22 | Apr 1983 | British |
| SLATER, Peter John | Director | 2013-05-30 | May 1949 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MATSON, Michael | Secretary | 2016-06-23 | 2019-01-31 |
| SLATER, Fiona Margery | Secretary | 1994-11-09 | 2013-02-19 |
| SLATER, Peter John | Secretary | — | 1994-11-09 |
| ATKINSON, Gary John | Director | 2016-09-22 | 2025-08-01 |
| MARSHALL, Ian | Director | 2011-12-19 | 2012-05-11 |
| SLATER, David Philip Harold | Director | 2002-05-15 | 2015-02-28 |
| SLATER, David Harold | Director | — | 2015-06-16 |
| SLATER, Fiona Margery | Director | 2013-10-02 | 2015-06-16 |
| SLATER, Fiona Margery | Director | 2001-05-25 | 2013-02-19 |
| SLATER, Harold Frederick | Director | — | 2006-05-09 |
| SLATER, Peter John | Director | — | 2000-11-10 |
| WILLIS, Geoffrey | Director | 2015-06-23 | 2019-07-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Slaters Electricals Holdings Limited | Corporate entity | Shares 75–100%, Voting 50–75% | 2016-08-17 | Active |
Filing timeline
Last 20 of 151 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-14 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-18 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-08-11 | AA | accounts | Accounts with accounts type full | |
| 2025-08-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-30 | AA | accounts | Accounts with accounts type full | |
| 2024-05-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-03 | AA | accounts | Accounts with accounts type full | |
| 2023-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-10-31 | AA | accounts | Accounts with accounts type full | |
| 2022-05-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-28 | AA | accounts | Accounts with accounts type full | |
| 2021-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-09 | AA | accounts | Accounts with accounts type small | |
| 2019-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2019-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-01-31 vs 2024-01-31
-
Turnover
-4.3%
£23,656,717 £22,628,732
-
Cash
-12.6%
£3,366,613 £2,942,682
-
Net assets
+11.1%
£6,199,661 £6,888,283
-
Employees
+1.4%
70 71
-
Operating profit
-10.3%
£3,277,141 £2,939,611
-
Profit before tax
-11%
£3,377,800 £3,006,898
-
Wages
0%
£4,899,140 £4,899,306
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers