GMR Henderson Builders Ltd
Registered name: GMR HENDERSON BUILDERS LTD
GMR Henderson Builders Ltd made £17.7m revenue and £2.2m profit in the year to 31 Mar 2025.
GMR Henderson Builders Ltd’s revenue grew 16% to £17.7m in the year to 31 Mar 2025, with £2.2m profit and 75 employees. The company is classified under “electrical installation” and is based in Wick; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wick, Scotland
- Age
- 18 yrs · since 2008
- 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 | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £10.1m | £10.6m | £15.3m | £17.7m |
| Cost of sales | £7.8m | £9.4m | £9.5m | £11.5m |
| Gross profit | £2.3m | £1.2m | £5.8m | £6.2m |
| Operating profit | £2.2m | £1.1m | £3.2m | £2.9m |
| Profit before tax | — | £1.1m | £3.2m | £2.9m |
| Profit after tax | £2.2m | £1.1m | £1.7m | £2.2m |
| Profit (best available) | £2.2m | £1.1m | £1.7m | £2.2m |
| Staff costs | — | £2.3m | £2.9m | £3.2m |
| Employees (average) | 40 | 47 | 70 | 75 |
| Ratios | ||||
| Profit margin | 21.9% | 10% | 11.1% | 12.4% |
| Gross margin | 23.2% | 11.4% | 38.1% | 35% |
| Revenue per employee | £253k | £225k | £218k | £236k |
| Profit per employee | £55.5k | £22.4k | £24.3k | £29.2k |
| Cash conversion | — | −153.2% | −133% | −104.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲4.2% | ▲44.8% | ▲15.7% |
| Profit growth | — | ▼52.5% | ▲61.6% | ▲28.4% |
| Headcount growth | — | ▲17.5% | ▲48.9% | ▲7.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5m | £3.9m | £4.5m | £2.8m |
| Net assets | £9.7m | £10.7m | £12.3m | £14.4m |
| Fixed assets | £3.1m | £4.6m | £6.6m | £9.9m |
| Current assets | £7.7m | £6.2m | £8.7m | £8.3m |
| Debtors | £2.1m | £1.7m | £2.6m | £3.5m |
| Deferred income | £3.9k | £4k | — | — |
| Cash from operations | — | −£1.6m | −£4.3m | −£3.1m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 12.4%
- Profit ÷ revenue.
- Gross margin
- 35%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £236k
- Revenue ÷ average employees.
- Profit per employee
- £29.2k
- Profit ÷ average employees.
- Cash conversion
- −104.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 56.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20%
- 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
- ▲17%
- Now £14.4m
- Cash at bank
- ▼39%
- Now £2.8m
- Headcount
- ▲7%
- Now 75
- Deferred income
- —
- Now —
- Fixed assets
- ▲51%
- Now £9.9m
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- Profit
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- Harvey Group PLCNewtownabbey · Electrical installation
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.2m), from the Companies House accounts bulk data published Mar 2026. 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.