How much does F.T. Gearing Systems Limited make?

F.T. Gearing Systems Limited reported revenue of £19.6m and £4.9m profit in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does F.T. Gearing Systems Limited have?

F.T. Gearing Systems Limited reported an average of 114 employees in the year to 30 Sep 2025.

Is F.T. Gearing Systems Limited profitable?

Yes — F.T. Gearing Systems Limited reported a profit of £4.9m in the year to 30 Sep 2025.

Company No. 01349963 · Incorporated 25 Jan 1978

F.T. Gearing Systems Limited

Registered name: F.T. GEARING SYSTEMS LIMITED

Part of Gear Holdco Limited group

F.T. Gearing Systems Limited made £19.6m revenue and £4.9m profit in the year to 30 Sep 2025. read from filing text

F.T. Gearing Systems Limited’s revenue grew 22% to £19.6m in the year to 30 Sep 2025, with £4.9m profit and 114 employees. The company is classified under “machining” and is based in Aldershot; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25620Machining SIC 28150Manufacture of bearings, gears, gearing and driving elements

Status: Active
Location: Aldershot, South East
Age: 48 yrs · since 1978
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 intermediate parent undertaking is Gear Bidco Limited, a company incorporated in the United Kingdom. The registered office is Unit 3 Northtown Trading Estate, 122-128 North Lane, Aldershot, Hampsh”

Latest accounts · year to 30 Sep 2025

Key figures

Revenue

£19.6m

Growth ▲22.2%

Profit

£4.9m

Growth ▲8.1%

Profit margin

24.9%

Gross 46.9%

Employees

114

Change ▲18.8%

Profit / employee

£42.8k

Revenue/employee £172k

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 to	30 Sep 2022	30 Sep 2023	30 Sep 2024	30 Sep 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£12.3m	£13.4m	£16.1m	£19.6m
Cost of sales	£6m	£7.1m	£7.8m	£10.4m
Gross profit	£6.2m	£6.3m	£8.2m	£9.2m
Operating profit	£4.1m	£3.6m	£5.2m	£5.8m
Profit before tax	£4m	£3.6m	£5.3m	£5.8m
Profit after tax	£3.1m	£3m	£4.5m	£4.9m
Profit (best available)	£3.1m	£3m	£4.5m	£4.9m
Staff costs	£4.5m	£5.4m	£6m	£7.3m
Employees (average)	79	88	96	114
Ratios
Profit margin	25.2%	22.8%	28.1%	24.9%
Gross margin	50.7%	47.1%	51.2%	46.9%
Revenue per employee	£155k	£152k	£167k	£172k
Profit per employee	£39.1k	£34.6k	£47.1k	£42.8k
Growth (year on year)
Revenue growth	—	▲9.2%	▲19.9%	▲22.2%
Profit growth	—	▼1.4%	▲48.2%	▲8.1%
Headcount growth	—	▲11.4%	▲9.1%	▲18.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.5m	£3.2m	£2.4m	£2.8m
Net assets	£10.7m	£10.2m	£11.9m	£14.8m
Fixed assets	£5.3m	£4.8m	£5.8m	£6.6m
Current assets	£8.3m	£8.8m	£10.4m	£12.9m
Debtors	£2.6m	£2.7m	£3.2m	£4.4m
Deferred income	£71k	£314k	£587k	£628k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 24.9%; Profit ÷ revenue.
Gross margin: 46.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £172k; Revenue ÷ average employees.
Profit per employee: £42.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 33.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.5%; 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: ▲24%; Now £14.8m
Cash at bank: ▲18%; Now £2.8m
Headcount: ▲19%; Now 114
Deferred income: ▲7%; Now £628k
Fixed assets: ▲14%; Now £6.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Gear Holdco Limitedultimate parent75–100%
Gear Bidco Limited75–100%
F.T. Gearing Systems Limitedthis company

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

Sister companies (1)

Lush (Heat Treatment) LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £4.9m), from the Companies House accounts bulk data published Feb 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.