H F ELECTRICAL LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-09-27 (in 4mo)
Last made up 2025-09-13
Watchouts
None on the register
Cash
£4M
-23.5% vs 2024
Net assets
£8M
+2% highest in 3 filed years
Employees
215
-0.9% lowest in 3 filed years
Profit before tax
£245K
-42.2% vs 2024
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £39,649,020 | £37,050,274 | |
| Operating profit | — | — | — | — | — | £209,391 | £44,144 | |
| Profit before tax | — | — | — | — | — | £423,689 | £244,969 | |
| Net profit | — | — | — | — | — | £293,219 | £148,541 | |
| Cash | — | — | £2,909,324 | — | — | £4,619,861 | £3,535,662 | |
| Total assets less current liabilities | — | — | £5,740,540 | — | — | £7,616,862 | £7,758,822 | |
| Net assets | — | — | £5,730,681 | — | — | £7,598,629 | £7,747,169 | |
| Equity | £5,294,874 | £5,393,649 | £5,730,681 | £5,974,929 | £6,095,363 | £7,598,629 | £7,747,169 | |
| Average employees | — | — | 286 | — | — | 217 | 215 | |
| Wages | — | — | — | — | — | £13,555,219 | £13,151,122 | |
| Directors' remuneration | — | — | — | — | — | £638,928 | £563,639 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-6.6%
£39,649,020 £37,050,274
-
Cash
-23.5%
£4,619,861 £3,535,662
-
Net assets
+2%
£7,598,629 £7,747,169
highest in 3 filed years
-
Employees
-0.9%
217 215
lowest in 3 filed years
-
Operating profit
-78.9%
£209,391 £44,144
-
Profit before tax
-42.2%
£423,689 £244,969
-
Wages
-3%
£13,555,219 £13,151,122
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 0.5% | 0.1% | |
| Net margin | — | — | — | — | — | 0.7% | 0.4% | |
| Return on capital employed | — | — | — | — | — | 2.7% | 0.6% | |
| Current ratio | — | — | — | — | — | 2.18x | 2.23x |
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
- Consolidated group
- Auditor
- Sharles Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have assessed the group as having sufficient resources to meet the expected ongoing costs of the business for a period of at least 12 months from the date of signing the financial statements. As a result, they have continued to adopt the going concern basis when preparing the financial statements.”
Group structure
- H F ELECTRICAL LIMITED · parent
- HF Mechanical & Electrical Ltd 100%
- H F Comms Ltd 75%
- HF Fire & Security Ltd 100%
Significant events
- “In 2025, we advanced to the next stage of our Group restructuring. The original trading company, Hugh Fulton Electrical Ltd (founded in 1952) has now been rebranded as HF Mechanical & Electrical Ltd, and all HF Electrical Ltd activities will once again be delivered through the original company.”
- “In 2024 we are continuing with the Group restructuring and the original trading company Hugh Fulton Electrical, established in 1952, has been rebranded as HF Mechanical & Electrical Ltd, all HF Electrical Ltd business will be trading back out of the original company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAILLIE, Niven Nelson | Director | 2013-10-01 | Sep 1969 | British |
| FERGUSON, John Archibald | Director | 2002-04-06 | Nov 1963 | British |
| FULTON, Anne Patricia | Director | 2002-04-06 | Jul 1953 | British |
| FULTON, Hugh Russell | Director | 2010-11-19 | Nov 1980 | British |
| FULTON, Hugh Macbrayne | Director | — | May 1951 | British |
| NICOLSON, Jill Elizabeth | Director | 2013-01-06 | May 1983 | British |
| STEVENSON, Craig Thomas | Director | 2014-08-01 | Apr 1973 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FULTON, Joyce Jean | Secretary | — | 2017-03-01 |
| CASTELEIN, Barbara Christine | Director | — | 1991-11-06 |
| FULTON, Dorothy May | Director | — | 1991-11-06 |
| FULTON, Hugh | Director | — | 2010-11-19 |
| FULTON, Joyce Jean | Director | — | 1991-11-06 |
| FULTON, Thomas Bonnar | Director | — | 2007-03-15 |
| MUNRO, Anne Mildred | Director | — | 1991-11-06 |
| RAE, George Goodall | Director | 2007-01-03 | 2012-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hf Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 122 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-18 | AA | accounts | Accounts with accounts type group | |
| 2025-09-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-11 | AA | accounts | Accounts with accounts type group | |
| 2024-09-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-18 | AA | accounts | Accounts with accounts type group | |
| 2023-09-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-13 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2022-12-19 | AA | accounts | Accounts with accounts type group | |
| 2022-09-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-17 | AA | accounts | Accounts with accounts type group | |
| 2021-09-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-21 | AA | accounts | Accounts with accounts type group | |
| 2020-09-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-17 | AA | accounts | Accounts with accounts type group | |
| 2019-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-12-11 | AA | accounts | Accounts with accounts type group | |
| 2018-09-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2017-12-11 | AA | accounts | Accounts with accounts type group | |
| 2017-09-14 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.