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Company No. SC337487 · Incorporated 8 Feb 2008

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
Latest accounts · year to 31 Mar 2025

Key figures

IndependentOperating leverageBoring industryCash flow filed
Revenue
£17.7m
Growth ▲15.7%
Profit
£2.2m
Growth ▲28.4%
Profit margin
12.4%
Gross 35%
Employees
75
Change ▲7.1%
Profit / employee
£29.2k
Revenue/employee £236k
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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull 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)40477075
Ratios
Profit margin21.9%10%11.1%12.4%
Gross margin23.2%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
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Jun 2025FullAccounts · bulk data Mar 2026
Derived from the latest filing

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.
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
▲17%
Now £14.4m
Cash at bank
▼39%
Now £2.8m
Headcount
▲7%
Now 75
Deferred income
—
Now —
Fixed assets
▲51%
Now £9.9m
Same industry, similar size

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Industry benchmarks →

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.