3line Electrical Wholesale Limited

Active06499284Wholesale & retailIncorporated 11 Feb 2008 · Poole

The principle activity of the company is the wholesale supply of electrical products to trade and industry, as well as a retail shopfront supply to the general public. 3Line Electrical is an established electrical wholesaler with 14 branches throughout the region, serving a broad client base across commercial, industrial, and residential markets. This year, market conditions have been challenging and we have taken the strategic decision to pause our development in Worcester to focus on other areas of the country. We will re-visit a presence in Worcester when we have consolidated our operations around the existing branch network We have no immediate plans for further expansion. Market Position In a highly competitive industry, our core value proposition is grounded in service levels offered to our customer base, reliable stock availability and comprehensive product knowledge. Our success has largely stemmed from our commitment to these principles, as well as from cultivating strong relationships with both suppliers and customers. As such, our strategic objective is to reinforce our competitive advantage by focusing on operational efficiency, customer service, and staff development. Performance Review During the financial year, we achieved steady revenue growth, however increasing costs have meant that bottom line profit has not kept pace. We are now looking to re-engineer certain business processes to improve profitabil

Revenue

£20.5m

▲ +35.2% vs prior ~12m period

Profit after tax

£1.1m

Margin 6.7%

Employees

128

▲ +0.8% vs prior ~12m period

Net assets

£3.9m

Total assets £14.0m

Financial history

Revenue by accounting period

7 periods available · ▲ growth ▼ decline

Apr 2019
Not available
Apr 2020
£15.1m
Apr 2021
£15.2m▲ +0.4%
Apr 2022
£20.5m▲ +35.2%
Apr 2023
Not available
Apr 2024
Not available
Apr 2025
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
30 Apr 2025——£746k128£3.9m
30 Apr 2024——£1.3m127£3.8m
30 Apr 2023——£1.4m93£3.2m
30 Apr 2022£20.5m▲ +35.2%£1.3m81£2.4m
30 Apr 2021£15.2m▲ +0.4%£1.2m78£1.9m
30 Apr 2020£15.1m—£621k79£1.2m
30 Apr 2019————£986k

Latest available figures

Period ending 30 Apr 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£20.5m
Gross profit
£6.1m
Operating profit
£1.4m
Profit before tax
£1.3m
Profit after tax
£1.1m

Balance sheet

Total assets
£14.0m
Cash
£12k
Total liabilities
£10.1m
Net assets
£3.9m
Revenue per employee
Not available

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