Gleeds Employment Services (London)
Registered name: GLEEDS EMPLOYMENT SERVICES (LONDON)
Part of Gleeds LLP groupGleeds Employment Services (London) made £46.2m revenue and £272k profit in the year to 31 Dec 2023.
Gleeds Employment Services (London)’s revenue grew 63% to £46.2m in the year to 31 Dec 2023, with £272k profit and 568 employees. The company is classified under “human resources provision and management of human resources functions” and is based in Bristol; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- Bristol
- Age
- 32 yrs · since 1994
- Type
- Private Unlimited Company
Key figures
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £17.6m | £28.3m | £46.2m |
| Cost of sales | −£17.3m | −£27.9m | −£45.4m |
| Gross profit | £278k | £458k | £725k |
| Operating profit | £173k | £280k | £465k |
| Profit before tax | £174k | £280k | £465k |
| Profit after tax | £130k | £271k | £272k |
| Profit (best available) | £130k | £271k | £272k |
| Employees (average) | 205 | 356 | 568 |
| Ratios | |||
| Profit margin | 0.7% | 1% | 0.6% |
| Gross margin | 1.6% | 1.6% | 1.6% |
| Revenue per employee | £85.6k | £79.5k | £81.3k |
| Profit per employee | £632 | £762 | £480 |
| Growth (year on year) | |||
| Revenue growth | — | ▲61.3% | ▲63% |
| Profit growth | — | ▲109.4% | ▲0.4% |
| Headcount growth | — | ▲73.7% | ▲59.6% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2024 |
How the business works
- Profit margin
- 0.6%
- Profit ÷ revenue.
- Gross margin
- 1.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £81.3k
- Revenue ÷ average employees.
- Profit per employee
- £480
- 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
- ▲60%
- Now 568
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Gleeds LLPultimate parent75–100%
- Gleeds Cost Management Limited75–100%
- Gleeds Employment Services (London)this company
Bands show the share of ownership each company holds in the one below it.
Sister companies (11)
- Gleeds Management Services LimitedRev. £35.5m · Profit −£277k
- Gleeds Energy LimitedRev. £23.2m · Profit £1.4m
- Gleeds Building Surveying LimitedRev. £13.4m · Profit −£264k
- Gleeds Technology LimitedLiquidationRev. £5.5m · Profit £48.9k
- Gleeds Health & Safety LimitedRev. £1.9m · Profit −£224k
- Gleeds Advisory LimitedFigures not disclosed
- Gleeds Corporate Services LimitedFigures not disclosed
- Gleeds Employment Services (Bristol)LiquidationFigures not disclosed
- Gleeds Employment Services (Nottingham)LiquidationFigures not disclosed
- Gleeds UK LimitedFigures not disclosed
- GRBS SDTT LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2023 (profit £272k), from the Companies House accounts bulk data published Oct 2024. Spotted an error? Request a correction.
Updated from Companies House on 19 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.