Gorrel Equipment Solutions Limited
Registered name: GORREL EQUIPMENT SOLUTIONS LIMITED
Part of G. Walters (Holdings) Limited groupGorrel Equipment Solutions Limited made £1.9m profit in the year to 28 Feb 2025 (revenue not disclosed).
Gorrel Equipment Solutions Limited reported £1.9m profit in the year to 28 Feb 2025, up 21% on the year before; its revenue was not disclosed. It had 23 employees. The company is classified under “renting and leasing of construction and civil engineering machinery and equipment” and is based in Aberdare; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Aberdare, Wales
- Age
- 15 yrs · since 2011
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Walters Plant Hire Limited”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Profit after tax | £906k | £1m | £1.5m | £1.9m |
| Profit (best available) | £906k | £1m | £1.5m | £1.9m |
| Employees (average) | 21 | 22 | 22 | 23 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Profit per employee | £43.1k | £46.1k | £69.6k | £80.9k |
| Growth (year on year) | ||||
| Profit growth | — | ▲11.9% | ▲51.1% | ▲21.5% |
| Headcount growth | — | ▲4.8% | 0% | ▲4.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.2m | £1.7m | £1.5m | £4.5m |
| Net assets | £13.7m | £14.7m | £16.2m | £18.1m |
| Fixed assets | £15.1m | £15m | £14.6m | £13.6m |
| Current assets | £4.1m | £3.7m | £3.6m | £6.6m |
| Debtors | £1.8m | £2m | £2m | £2.1m |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FilletedAccounts · bulk data Nov 2024 | FilletedAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £80.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- ▲11%
- Now £18.1m
- Cash at bank
- ▲195%
- Now £4.5m
- Headcount
- ▲5%
- Now 23
- Deferred income
- —
- Now —
- Fixed assets
- ▼7%
- Now £13.6m
Group structure
Ownership chain
- G. Walters (Holdings) Limitedultimate parent75–100%
- Walters Plant Hire Limited75–100%
- Gorrel Equipment Solutions Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Walters U.K. LimitedRev. £120m · Profit £3.1m
- Walters Major Projects LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FilletedAccounts for the year to 28 Feb 2025 (profit £1.9m), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.