How much does Gilks (Nantwich) Limited make?

Gilks (Nantwich) Limited reported revenue of £10.8m and £203k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Gilks (Nantwich) Limited have?

Gilks (Nantwich) Limited reported an average of 60 employees in the year to 31 Dec 2024.

Is Gilks (Nantwich) Limited profitable?

Yes — Gilks (Nantwich) Limited reported a profit of £203k in the year to 31 Dec 2024.

Company No. 00717619 · Incorporated 12 Mar 1962

Gilks (Nantwich) Limited

Registered name: GILKS (NANTWICH) LIMITED

Part of The Ethikos Group Ltd group

Gilks (Nantwich) Limited made £10.8m revenue and £203k profit in the year to 31 Dec 2024. read from filing text

Gilks (Nantwich) Limited’s revenue fell 30% to £10.8m in the year to 31 Dec 2024, with £203k profit and 60 employees. The company is classified under “electrical installation” and is based in Manchester; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: In Administration
Location: Manchester, North West
Age: 64 yrs · since 1962
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: “The immediate parent company of Gilks (Nantwich) Limited is Gilks (Electrical Holdings) Limited, a company incorporated in England and Wales. The Ethikos Group Limited, a company incorporated in Engla”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightBoring industry

Revenue

£10.8m

Growth ▼30.1%

Profit

£203k

Growth ▼19.4%

Profit margin

1.9%

Gross 26.6%

Employees

Change ▼20%

Profit / employee

£3.4k

Revenue/employee £179k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£10.5m	£15.4m	£10.8m
Cost of sales	£8.1m	£12.6m	£7.9m
Gross profit	£2.4m	£2.8m	£2.9m
Operating profit	£346k	£363k	£299k
Profit before tax	£317k	£337k	£271k
Profit after tax	£255k	£252k	£203k
Profit (best available)	£255k	£252k	£203k
Staff costs	£2.9m	£3.3m	£3.5m
Employees (average)	67	75	60
Ratios
Profit margin	2.4%	1.6%	1.9%
Gross margin	22.8%	18.2%	26.6%
Revenue per employee	£157k	£205k	£179k
Profit per employee	£3.8k	£3.4k	£3.4k
Growth (year on year)
Revenue growth	—	▲46.4%	▼30.1%
Profit growth	—	▼1.1%	▼19.4%
Headcount growth	—	▲11.9%	▼20%
Balance sheet — indirect signals, not revenue
Cash at bank	£284k	£1m	£766k
Net assets	£1.4m	£1.7m	£2m
Fixed assets	£361k	£494k	£410k
Current assets	£3.7m	£5.3m	£3.8m
Debtors	£1.5m	£2.4m	£823k
Deferred income	£0	£554k	£88.9k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 1.9%; Profit ÷ revenue.
Gross margin: 26.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £179k; Revenue ÷ average employees.
Profit per employee: £3.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.6%; 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: ▲18%; Now £2m
Cash at bank: ▼27%; Now £766k
Headcount: ▼20%; Now 60
Deferred income: ▼84%; Now £88.9k
Fixed assets: ▼17%; Now £410k

Corporate ownership

Group structure

Ownership chain

The Ethikos Group Ltdultimate parent75–100%
Gilks (Electrical Holdings) Limited75–100%
Gilks (Nantwich) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £203k), from the Companies House accounts bulk data published Sep 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.