Adi-Gardiner Limited
Registered name: ADI-GARDINER LIMITED
Part of Resideo Technologies, Inc. groupAdi-Gardiner Limited made £219m revenue and £1.1m profit in the year to 31 Dec 2024.
Adi-Gardiner Limited’s revenue grew 3% to £219m in the year to 31 Dec 2024, with £1.1m profit and 349 employees. The company is classified under “wholesale of radio, television goods & electrical household appliances (other than records, tapes, cd's & video tapes and the equipment used for playing them)” and is based in Oldham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Oldham
- Age
- 49 yrs · since 1977
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £199m | £213m | £219m |
| Cost of sales | £159m | £174m | −£183m |
| Gross profit | £39.7m | £39.1m | £35.8m |
| Operating profit | −£852k | £11.2m | £3.8m |
| Profit before tax | −£510k | £10.7m | £1.4m |
| Profit after tax | −£850k | £8.4m | £1.1m |
| Profit (best available) | −£850k | £8.4m | £1.1m |
| Employees (average) | 244 | 355 | 349 |
| Ratios | |||
| Profit margin | −0.4% | 4% | 0.5% |
| Gross margin | 19.9% | 18.4% | 16.4% |
| Revenue per employee | £815k | £599k | £626k |
| Profit per employee | −£3.5k | £23.8k | £3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲6.9% | ▲2.8% |
| Profit growth | — | — | ▼87.4% |
| Headcount growth | — | ▲45.5% | ▼1.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2025 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 0.5%
- Profit ÷ revenue.
- Gross margin
- 16.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £626k
- Revenue ÷ average employees.
- Profit per employee
- £3k
- 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
- ▼2%
- Now 349
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Resideo Technologies, Inc. (registered outside the UK register)ultimate parent75–100%
- Adi Emea Limited75–100%
- Adi-Gardiner Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Snap One Emea LtdRev. £26.2m · Profit £656k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £1.1m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 21 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.