How much does Global Merchandising Services Limited make?

Global Merchandising Services Limited reported revenue of £147m and £5.5m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Global Merchandising Services Limited have?

Global Merchandising Services Limited reported an average of 119 employees in the year to 31 Dec 2024.

Is Global Merchandising Services Limited profitable?

Yes — Global Merchandising Services Limited reported a profit of £5.5m in the year to 31 Dec 2024.

Company No. 06575437 · Incorporated 24 Apr 2008

Global Merchandising Services Limited

Registered name: GLOBAL MERCHANDISING SERVICES LIMITED

Global Merchandising Services Limited made £147m revenue and £5.5m profit in the year to 31 Dec 2024. read from filing text

Global Merchandising Services Limited’s revenue grew 7% to £147m in the year to 31 Dec 2024, with £5.5m profit and 119 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 18 yrs · since 2008
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightOperating leverage

Revenue

£147m

Growth ▲7.1%

Profit

£5.5m

Growth ▲135.6%

Profit margin

3.7%

Gross 16.5%

Employees

119

Change ▲205.1%

Profit / employee

£46k

Revenue/employee £1.2m

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Profit only	Profit only	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£137m	£147m
Cost of sales	£34m	£117m	£115m	£123m
Gross profit	—	—	£22.6m	£24.3m
Operating profit	—	—	£6m	£6.8m
Profit before tax	—	—	£5.6m	£7.1m
Profit after tax	£3.3m	£10m	£2.3m	£5.5m
Profit (best available)	£3.3m	£10m	£2.3m	£5.5m
Staff costs	£2.8m	£3.8m	£4.5m	—
Employees (average)	33	36	39	119
Ratios
Profit margin	—	—	1.7%	3.7%
Gross margin	—	—	16.4%	16.5%
Revenue per employee	—	—	£3.5m	£1.2m
Profit per employee	£101k	£277k	£59.6k	£46k
Growth (year on year)
Revenue growth	—	—	—	▲7.1%
Profit growth	—	▲197.9%	▼76.7%	▲135.6%
Headcount growth	—	▲9.1%	▲8.3%	▲205.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£18.1m	£10.4m	£16.4m	£7.7m
Net assets	£31.6m	£31m	£13.9m	£17.4m
Fixed assets	£66k	£838k	£732k	£974k
Current assets	£50.2m	£47.4m	£43.3m	£46.4m
Debtors	£3.4m	£4.7m	£3.9m	£4.3m
Deferred income	£2m	£4.2m	£1.5m	£2.8m
Cash from operations	−£6.5m	—	—	—
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 3.7%; Profit ÷ revenue.
Gross margin: 16.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.2m; Revenue ÷ average employees.
Profit per employee: £46k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.9%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲25%; Now £17.4m
Cash at bank: ▼53%; Now £7.7m
Headcount: ▲205%; Now 119
Deferred income: ▲94%; Now £2.8m
Fixed assets: ▲33%; Now £974k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £5.5m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 22 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.