Gast Midco Limited
Registered name: GAST MIDCO LIMITED
Part of Luppiter Consortium Limited groupGast Midco Limited made £1.6bn revenue and £104m profit in the year to 31 Mar 2026.
Gast Midco Limited’s revenue grew 5% to £1.6bn in the year to 31 Mar 2026, with £104m profit. The company is classified under “other business support service activities” and is based in Warwick; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Warwick, West Midlands
- Age
- 4 yrs · since 2022
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £1.8bn | £1.5bn | £1.6bn |
| Operating profit | £652m | £402m | £498m |
| Profit before tax | £252m | £104m | £146m |
| Profit after tax | £173m | £72m | £104m |
| Profit (best available) | £173m | £72m | £104m |
| Employees (average) | 1,758 | 2,089 | — |
| Ratios | |||
| Profit margin | 9.8% | 4.7% | 6.4% |
| Revenue per employee | £1m | £737k | — |
| Profit per employee | £98.4k | £34.5k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼13% | ▲5.1% |
| Profit growth | — | ▼58.4% | ▲44.4% |
| Headcount growth | — | ▲18.8% | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 6.4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Luppiter Consortium Limitedultimate parent75–100%
- Luppiter Bidco Limited75–100%
- Gast Pledgeco Limited75–100%
- Gast Midco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- National Gas Transmission Holdings LimitedFigures not disclosed
Minority corporate shareholders
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 2026 (profit £104m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 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.