How much does George Bence & Sons (Cheltenham) Limited make?

George Bence & Sons (Cheltenham) Limited reported revenue of £19.2m and a loss of £284k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does George Bence & Sons (Cheltenham) Limited have?

George Bence & Sons (Cheltenham) Limited reported an average of 95 employees in the year to 31 Dec 2025.

Is George Bence & Sons (Cheltenham) Limited profitable?

No — George Bence & Sons (Cheltenham) Limited reported a loss of £284k in the year to 31 Dec 2025.

Company No. 02447653 · Incorporated 29 Nov 1989

George Bence & Sons (Cheltenham) Limited

Registered name: GEORGE BENCE & SONS (CHELTENHAM) LIMITED

Part of George Bence & Sons Limited group

George Bence & Sons (Cheltenham) Limited made £19.2m revenue and a £284k loss in the year to 31 Dec 2025.

George Bence & Sons (Cheltenham) Limited’s revenue fell 7% to £19.2m in the year to 31 Dec 2025, with a loss of £284k and 95 employees. The company is classified under “agents involved in the sale of timber and building materials” and is based in Glos; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46130Agents involved in the sale of timber and building materials

Status: Active
Location: Glos, South West
Age: 36 yrs · since 1989
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: “George Bence & Sons Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£19.2m

Growth ▼7.3%

Profit

−£284k

Growth ▼3681%

Profit margin

−1.5%

Gross 24.7%

Employees

Change ▼4%

Profit / employee

−£3k

Revenue/employee £202k

Profitable streak

0yrs

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	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£20.6m	£19.8m	£20.7m	£19.2m
Cost of sales	£14.8m	£14.3m	£15.4m	£14.4m
Gross profit	£5.8m	£5.5m	£5.3m	£4.7m
Operating profit	£516k	£110k	—	—
Profit before tax	£500k	£93.6k	£8.1k	−£357k
Profit after tax	£480k	£51.3k	£7.9k	−£284k
Profit (best available)	£480k	£51.3k	£7.9k	−£284k
Staff costs	£3.6m	£3.6m	£3.6m	£3.6m
Employees (average)	100	98	99	95
Ratios
Profit margin	2.3%	0.3%	0%	−1.5%
Gross margin	28.2%	27.7%	25.7%	24.7%
Revenue per employee	£206k	£202k	£209k	£202k
Profit per employee	£4.8k	£523	£80	−£3k
Growth (year on year)
Revenue growth	—	▼3.8%	▲4.5%	▼7.3%
Profit growth	—	▼89.3%	▼84.5%	▼3681%
Headcount growth	—	▼2%	▲1%	▼4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£763k	£39.1k	£28.6k
Net assets	£750k	£750k	£750k	£466k
Current assets	£6.1m	£5.8m	£5m	£5m
Debtors	£2.3m	£2.8m	£2.8m	£2.4m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −1.5%; Profit ÷ revenue.
Gross margin: 24.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £202k; 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: 12.5%; 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: ▼38%; Now £466k
Cash at bank: ▼27%; Now £28.6k
Headcount: ▼4%; Now 95
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

George Bence & Sons Limitedultimate parent75–100%
George Bence & Sons (Cheltenham) Limitedthis company

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

Sister companies (2)

George Bence & Sons (Properties) LimitedFigures not disclosed
George Bence & Sons (Tewkesbury) LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£284k), from the Companies House accounts bulk data published Sep 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.