KELVINSIDE ELECTRONICS LIMITED
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Next accounts due
2026-08-31 (in 3mo)
Last filed for 2024-11-30
Confirmation statement due
2026-12-11 (in 7mo)
Last made up 2025-11-27
Watchouts
None on the register
Cash
£543K
-27.8% vs 2023
Net assets
£8M
+12.6% highest in 4 filed years
Employees
61
-6.2% lowest in 4 filed years
Profit before tax
£1M
-11% vs 2023
Net assets
7-year trend · vs Technology median
Accounts
7-year trend · latest reflected 2024-11-30
| Metric | Trend | 2018-11-30 | 2019-11-30 | 2020-11-30 | 2021-11-30 | 2022-11-30 | 2023-11-30 | 2024-11-30 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £16,582,408 | £14,657,336 | |
| Operating profit | — | — | — | — | — | £1,423,596 | £1,275,020 | |
| Profit before tax | — | — | — | £1,257,645 | £1,435,998 | £1,426,432 | £1,269,172 | |
| Net profit | — | — | — | £1,010,292 | £1,146,111 | £1,078,805 | £952,579 | |
| Cash | — | — | — | £1,278,409 | £535,923 | £752,344 | £543,175 | |
| Total assets less current liabilities | — | — | — | £5,357,367 | £6,518,759 | £7,599,408 | £8,543,395 | |
| Net assets | — | — | — | £5,313,928 | £6,460,039 | £7,538,844 | £8,491,423 | |
| Equity | £2,132,081 | £3,244,847 | £4,303,636 | £5,313,928 | £6,460,039 | £7,538,844 | £8,491,423 | |
| Average employees | — | — | — | 67 | 64 | 65 | 61 | |
| Wages | — | — | — | £1,747,350 | £1,807,844 | £2,048,703 | £1,955,001 | |
| Directors' remuneration | — | — | — | £192,000 | £192,000 | £192,000 | £283,402 |
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
FY2023 → FY2024 · period ending 2024-11-30 vs 2023-11-30
-
Turnover
-11.6%
£16,582,408 £14,657,336
-
Cash
-27.8%
£752,344 £543,175
-
Net assets
+12.6%
£7,538,844 £8,491,423
highest in 4 filed years
-
Employees
-6.2%
65 61
lowest in 4 filed years
-
Operating profit
-10.4%
£1,423,596 £1,275,020
-
Profit before tax
-11%
£1,426,432 £1,269,172
-
Wages
-4.6%
£2,048,703 £1,955,001
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 | 2018-11-30 | 2019-11-30 | 2020-11-30 | 2021-11-30 | 2022-11-30 | 2023-11-30 | 2024-11-30 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 8.6% | 8.7% | |
| Net margin | — | — | — | — | — | 6.5% | 6.5% | |
| Return on capital employed | — | — | — | — | — | 18.7% | 14.9% | |
| Current ratio | — | — | — | — | — | 1.94x | 5.14x | |
| Interest cover | — | — | — | — | — | 7997.73x | 123.80x |
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.
Name history
Renamed 1 time since incorporation
- KELVINSIDE ELECTRONICS LIMITED 1987-08-07 → present
- LARMDALE LIMITED 1987-06-25 → 1987-08-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Consilium Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “The directors have assessed the main risk facing the company to be the global shortage of electronic components. During 2022 and 2023 the company experienced extended lead-times for the supply of electronic components however 2024 has seen lead-times ease as manufacturers have ramped-up to meet demand.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAIRD, David Rankin | Secretary | 1993-11-17 | — | British |
| BAIRD, David Rankin | Director | — | May 1961 | British |
| FERGUEY, Ian | Director | 1993-04-01 | Aug 1965 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FORWARD, Geoffrey Ronald | Secretary | — | 1991-02-05 |
| SEMPLE, Catherine | Secretary | 1991-05-11 | 1993-11-17 |
| SEMPLE, Catherine | Secretary | 1991-02-05 | 1993-11-17 |
| FORWARD, Geoffrey Ronald | Director | — | 1991-02-05 |
| MCCUTCHEON, Gavin A | Director | — | 1989-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kelvinside Electronics (Number1) Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 114 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-17 | AA | accounts | Accounts with accounts type full | |
| 2024-12-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-29 | AA | accounts | Accounts with accounts type full | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-30 | AA | accounts | Accounts with accounts type full | |
| 2022-11-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-23 | AA | accounts | Accounts with accounts type full | |
| 2022-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-31 | AA | accounts | Accounts with accounts type full | |
| 2021-05-17 | AA | accounts | Accounts with accounts type full | |
| 2020-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-08-30 | AA | accounts | Accounts with accounts type full | |
| 2019-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-11-06 | AA | accounts | Accounts with accounts type full | |
| 2018-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2017-08-31 | AA | accounts | Accounts with accounts type full | |
| 2017-01-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2016-06-01 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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.