Gas World Ltd
Registered name: GAS WORLD LTD
Part of GW Holdings (Bristol) Ltd groupGas World Ltd made £16.3m revenue and £302k profit in the year to 31 Oct 2025.
Gas World Ltd’s revenue grew 10% to £16.3m in the year to 31 Oct 2025, with £302k profit and 115 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Bristol; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 31 yrs · since 1994
- 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: “GW Holdings (Bristol) Ltd”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £13.8m | £13.8m | £14.8m | £16.3m |
| Cost of sales | £8.8m | £8.8m | £9.6m | £10.9m |
| Gross profit | £5m | £5.1m | £5.2m | £5.4m |
| Profit before tax | £97.8k | £77k | £304k | £402k |
| Profit after tax | £195k | £53k | £222k | £302k |
| Profit (best available) | £195k | £53k | £222k | £302k |
| Staff costs | £4m | £4.1m | £4m | £4.1m |
| Employees (average) | 113 | 114 | 112 | 115 |
| Ratios | ||||
| Profit margin | 1.4% | 0.4% | 1.5% | 1.8% |
| Gross margin | 36% | 36.7% | 35.2% | 33.3% |
| Revenue per employee | £122k | £121k | £133k | £142k |
| Profit per employee | £1.7k | £465 | £2k | £2.6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲0.6% | ▲7.3% | ▲10% |
| Profit growth | — | ▼72.8% | ▲319.3% | ▲35.9% |
| Headcount growth | — | ▲0.9% | ▼1.8% | ▲2.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £612k | £645k | £521k | £289k |
| Net assets | £1.4m | £1.2m | £1.2m | £1.3m |
| Fixed assets | £325k | £385k | £484k | £879k |
| Current assets | £4.2m | £3.5m | £4.2m | £3.7m |
| Debtors | £1.7m | £878k | £873k | £698k |
| Cash from operations | −£41.8k | £555k | £255k | £745k |
| Source | Accounts · bulk data Jul 2024 | Accounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 1.8%
- Profit ÷ revenue.
- Gross margin
- 33.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £142k
- Revenue ÷ average employees.
- Profit per employee
- £2.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.3%
- 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
- ▲5%
- Now £1.3m
- Cash at bank
- ▼44%
- Now £289k
- Headcount
- ▲3%
- Now 115
- Deferred income
- —
- Now —
- Fixed assets
- ▲82%
- Now £879k
Group structure
Ownership chain
- GW Holdings (Bristol) Ltdultimate parent75–100%
- Gas World Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- GW Renewable Technologies LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £302k), 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.