DOWDS ELECTRICAL (HOLDINGS) LIMITED

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

• Turnover

  -10.1%

  £72,707,000 → £65,329,771

• Cash

  +47.8%

  £6,584,956 → £9,733,159

• Net assets

  +14.8%

  £6,368,833 → £7,311,276

• Employees

  +24.2%

  211 → 262

• Operating profit

  -15%

  £1,562,899 → £1,328,922

• Profit before tax

  -13.8%

  £1,474,273 → £1,270,995

• Wages

  +4.4%

  £10,578,733 → £11,046,705

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

McKeague Morgan & Company

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the Annual Report and Financial Statements.”

Group structure

1. DOWDS ELECTRICAL (HOLDINGS) LIMITED · parent
   1. J.F. & H. Dowds Limited 100% · Northern Ireland · mechanical, electrical and specialist contractors
   2. Dowds Energy Solutions Ltd 100% · Northern Ireland · dormant

Significant events

• “The group generated turnover of £65.3m in the year ended 31 March 2025 (2024 - £72.7m). This year-on-year dip was partly driven by the strategic decision to begin to focus primarily on London based M&E projects, where there was a £12m year-on-year improvement - offset by lower M&E revenue in other locations.”
• “Gross margins improved by 2% year-on-year which reflects the focus on higher margin projects and operational efficiencies.”
• “The working capital position and liquidity remain strong with cash at the bank at the year end of £9.7m (2024 - £6.6m).”
• “In August 2023 the group centralised its NI operations to a new office in Ballymena with an EPC certification B.”
• “The group car policy has been updated restricting leasing to EVs only. To help facilitate this transition the new HQ in Ballymena has 13 charging points for EVs.”
• “The group has voluntarily committed to Business in the Community (BITC) Climate Pledge. This involves submitting carbon outputs reports to BITC on an annual basis with the commitment to halve Scope 1 and 2 emissions by 2030.”
• “An ESG forum has been established in the group, led by the Executive Chair, to help formulate and deliver out an ESG strategy.”
• “The group has achieved Platinum accreditation in the BITC's Environmental Benchmarking Survey - an improvement upon its silver accreditation achieved in 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

2

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.