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Company No. 02982870 · Incorporated 25 Oct 1994

Gas World Ltd

Registered name: GAS WORLD LTD

Part of GW Holdings (Bristol) Ltd group

Gas 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.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation
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”

Latest accounts · year to 31 Oct 2025

Key figures

Capital-lightOperating leverageBoring industryCash flow filed
Revenue
£16.3m
Growth ▲10%
Profit
£302k
Growth ▲35.9%
Profit margin
1.8%
Gross 33.3%
Employees
115
Change ▲2.7%
Profit / employee
£2.6k
Revenue/employee £142k
Profitable streak
4yrs
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 to31 Oct 202231 Oct 202331 Oct 202431 Oct 2025
DisclosureFull P&LFull P&LFull P&LFull 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)113114112115
Ratios
Profit margin1.4%0.4%1.5%1.8%
Gross margin36%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
SourceAccounts · bulk data Jul 2024Accounts · bulk data Jul 2024FullAccounts · bulk data Jul 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

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.
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
▲5%
Now £1.3m
Cash at bank
▼44%
Now £289k
Headcount
▲3%
Now 115
Deferred income
—
Now —
Fixed assets
▲82%
Now £879k
Corporate ownership

Group structure

Ownership chain

  1. GW Holdings (Bristol) Ltdultimate parent75–100%
  2. Gas World Ltdthis company

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

Subsidiaries (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.