Galtec Holdings Limited
Registered name: GALTEC HOLDINGS LIMITED
Part of Bishop Fleming Audit Partners LLP groupGaltec Holdings Limited made £37.1m revenue and £310k profit in the year to 30 Sep 2025. read from filing text
Galtec Holdings Limited’s revenue fell 12% to £37.1m in the year to 30 Sep 2025, with £310k profit and 130 employees. The company is classified under “non-trading company” and is based in Bristol; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 37 yrs · since 1989
- 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&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) | £25.8m | £42.2m | £41.9m | £37.1m |
| Cost of sales | £21m | £38.4m | £38.8m | — |
| Gross profit | £4.8m | £3.7m | £3.1m | — |
| Operating profit | £3m | £1.1m | £677k | −£1.3m |
| Profit before tax | £2.9m | £1.1m | £770k | −£1.4m |
| Profit after tax | £2.5m | £1.7m | £495k | £310k |
| Profit (best available) | £2.5m | £1.7m | £495k | £310k |
| Employees (average) | 117 | 134 | 138 | 130 |
| Ratios | ||||
| Profit margin | 9.5% | 4% | 1.2% | 0.8% |
| Gross margin | 18.6% | 8.8% | 7.4% | — |
| Revenue per employee | £221k | £315k | £304k | £285k |
| Profit per employee | £21k | £12.7k | £3.6k | £2.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲63.1% | ▼0.6% | ▼11.6% |
| Profit growth | — | ▼30.7% | ▼70.9% | ▼37.5% |
| Headcount growth | — | ▲14.5% | ▲3% | ▼5.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £93 | £93 | £93 | £905 |
| Net assets | £130k | £179k | £210k | £258k |
| Fixed assets | £95.6k | £95.6k | £95.6k | £95.6k |
| Current assets | £500k | £500k | £2.1m | £2.1m |
| Debtors | £0 | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 0.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £285k
- Revenue ÷ average employees.
- Profit per employee
- £2.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲23%
- Now £258k
- Cash at bank
- ▲873%
- Now £905
- Headcount
- ▼6%
- Now 130
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £95.6k
Group structure
Ownership chain
- Bishop Fleming Audit Partners LLPultimate parent50–75%
- Bishop Fleming Audit Limited75–100%
- Bishop Fleming Trustee Company Limited75–100%
- Galtec Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Galtec LimitedRev. £37m · Profit −£67.3k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £310k), 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.