Mark Heaney

West Lothian firm passes £1m profit as 2025 results underline strength of core business

West Lothian-based John Heaney Electrical Limited (JHE) has reported profit of more than £1 million in its latest financial results,

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West Lothian-based John Heaney Electrical Limited (JHE) has reported profit of more than £1 million in its latest financial results, marking another strong year for the electrical, mechanical and HVAC firm. The performance, for the year to December 2025, was driven by repeat business from a loyal customer base and a series of significant contract wins.

Revenue for 2025 came in at £9.5 million, around £2 million lower than what had been a record-breaking previous 12 months. The firm’s core electrical and high voltage division contributed £6.4 million of that total, with the facilities management, mechanical and automation and controls divisions generating the balance.

Despite the drop in revenue, JHE’s profit broke through the seven-figure threshold, with earnings before interest, taxes, depreciation and amortisation (EBITDA) remaining strong at around £1 million and broadly in line with 2024’s level. The business also maintained a seven-figure cash balance, even after buying back shares from two retiring directors.

Managing Director Mark Heaney, who is marking his tenth year in the role as the company enters its 37th year as a limited company, said the results reflected a solid performance across departments. He commented: “We have seen another strong performance across the departments as we enter our 37th year in operation as a limited company.”

“In 2025 we didn’t expect to be able to match our 2024 revenue, however we are pleased with our performance thanks to the fantastic efforts of the staff, and we can all be pleased as a company at our overall performance,” he added. “A rise in profits has taken us through the £1m threshold, which is a slight increase on last year.”

Heaney said the business had maintained a healthy margin and balance sheet over the period. “We maintained a strong profit margin in 2025 and retain a strong cash position, which is encouraging,” he said.

The company, which appointed three new directors in 2025, is now focusing on delivering further strategic growth over the coming 12 months. “With the appointment of three new directors in 2025, we are looking forward to a positive 12 months and are well placed to continue our strategic growth,” Heaney said.

A key part of that strategy will be strengthening relationships with major customers. “Key to that is a particular focus on building partnerships with end users and blue-chip firms,” he noted.

Staffing levels at JHE have dipped slightly due to retirements, but the company expects headcount to increase again as its order book continues to build. There are also plans to bring in electrical apprentices in the third quarter of the year.

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