Galtec Limited
Registered name: GALTEC LIMITED
Part of Bishop Fleming Audit Partners LLP groupGaltec Limited made £37m revenue and a £67.3k loss in the year to 30 Sep 2025.
Galtec Limited’s revenue fell 12% to £37m in the year to 30 Sep 2025, with a loss of £67.3k and 4 employees. The company is classified under “other specialised construction activities” and is based in Bristol; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 38 yrs · since 1988
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £25.8m | £42.2m | £41.9m | £37m |
| Cost of sales | £21.6m | £38.9m | £39.1m | — |
| Gross profit | £4.2m | £3.2m | £2.8m | — |
| Operating profit | £2.8m | £624k | £399k | −£1.5m |
| Profit before tax | £2.8m | £583k | £441k | −£1.6m |
| Profit after tax | £2.3m | £1.3m | £96.5k | −£67.3k |
| Profit (best available) | £2.3m | £1.3m | £96.5k | −£67.3k |
| Staff costs | £982k | £1.5m | — | — |
| Employees (average) | 4 | 4 | 4 | 4 |
| Ratios | ||||
| Profit margin | 9% | 3% | 0.2% | −0.2% |
| Gross margin | 16.2% | 7.6% | 6.7% | — |
| Revenue per employee | £6.5m | £10.5m | £10.5m | £9.3m |
| Profit per employee | £580k | £316k | £24.1k | −£16.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲63.1% | ▼0.6% | ▼11.6% |
| Profit growth | — | ▼45.5% | ▼92.4% | ▼169.7% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5m | £5.7m | £4.5m | £3.1m |
| Net assets | £6.4m | £7.7m | £7.8m | £7.7m |
| Fixed assets | £2.3m | £3.1m | £4.4m | £5m |
| Current assets | £11.6m | £15.7m | £16.7m | £15.3m |
| Debtors | £1.6m | £1.8m | £2m | £1.9m |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −0.2%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £9.3m
- Revenue ÷ average employees.
- Profit per employee
- −£16.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.1%
- 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
- ▼1%
- Now £7.7m
- Cash at bank
- ▼31%
- Now £3.1m
- Headcount
- 0%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▲13%
- Now £5m
Group structure
Ownership chain
- Bishop Fleming Audit Partners LLPultimate parent50–75%
- Bishop Fleming Audit Limited75–100%
- Bishop Fleming Trustee Company Limited75–100%
- Galtec Holdings Limited75–100%
- Galtec 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).
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit −£67.3k), from the Companies House accounts bulk data published Jul 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.