GLT Electrical Wholesalers Ltd
Registered name: GLT ELECTRICAL WHOLESALERS LTD
GLT Electrical Wholesalers Ltd made £13.6m revenue and £741k profit in the year to 31 Mar 2025.
GLT Electrical Wholesalers Ltd’s revenue grew 22% to £13.6m in the year to 31 Mar 2025, with £741k profit and 40 employees. The company is classified under “wholesale of other machinery and equipment” and is based in High Wycombe; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- High Wycombe, South East
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No profit & loss | No profit & loss | Profit & loss | Profit & loss |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £11.2m | £13.6m |
| Cost of sales | — | — | −£7.8m | −£9.6m |
| Gross profit | — | — | £3.4m | £4m |
| Operating profit | — | — | £921k | £1m |
| Profit before tax | — | — | £870k | £1m |
| Profit after tax | — | — | £648k | £741k |
| Profit (best available) | — | — | £648k | £741k |
| Employees (average) | 18 | 19 | 35 | 40 |
| Ratios | ||||
| Profit margin | — | — | 5.8% | 5.5% |
| Gross margin | — | — | 30.2% | 29.2% |
| Revenue per employee | — | — | £319k | £340k |
| Profit per employee | — | — | £18.5k | £18.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲21.8% |
| Profit growth | — | — | — | ▲14.4% |
| Headcount growth | — | ▲5.6% | ▲84.2% | ▲14.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £101k | £511k | £837k | — |
| Net assets | £348k | £1.5m | £1.9m | — |
| Fixed assets | £287k | £278k | £481k | — |
| Current assets | £2.6m | £4.2m | £4.8m | — |
| Debtors | £1.3m | £1.6m | £2.1m | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 29.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £340k
- Revenue ÷ average employees.
- Profit per employee
- £18.5k
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲14%
- Now 40
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (3)
- GLT Aylesbury LtdFigures not disclosed
- GLT High Wycombe LtdFigures not disclosed
- GLT Oxford LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £741k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 14 Oct 2026