How much does GSH Holdings Limited make?

GSH Holdings Limited reported revenue of £2.3m and a loss of £6.7k in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does GSH Holdings Limited have?

GSH Holdings Limited reported an average of 20 employees in the year to 31 Jan 2025.

Is GSH Holdings Limited profitable?

No — GSH Holdings Limited reported a loss of £6.7k in the year to 31 Jan 2025.

Company No. 03423340 · Incorporated 21 Aug 1997

GSH Holdings Limited

Registered name: GSH HOLDINGS LIMITED

Part of JMC Packaging Limited group

GSH Holdings Limited made £2.3m revenue and a £6.7k loss in the year to 31 Jan 2025.

GSH Holdings Limited’s revenue grew 8% to £2.3m in the year to 31 Jan 2025, with a loss of £6.7k and 20 employees. The company is classified under “non-specialised wholesale trade” and is based in Peterborough; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Peterborough, East of England
Age: 29 yrs · since 1997
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.

Latest accounts · year to 31 Jan 2025

Key figures

Doing more with lessCash flow filed

Revenue

£2.3m

Growth ▲8.1%

Profit

−£6.7k

Growth ▼107.5%

Profit margin

−0.3%

Gross 91%

Employees

Change ▼9.1%

Profit / employee

−£336

Revenue/employee £114k

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 Jan 2022	31 Jan 2023	31 Jan 2024	31 Jan 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.7m	£3m	£2.1m	£2.3m
Cost of sales	£1.6k	£6.8k	£38.6k	£207k
Gross profit	£2.7m	£3m	£2.1m	£2.1m
Operating profit	£267k	£484k	£188k	£63.5k
Profit before tax	£421k	£737k	£128k	£8.3k
Profit after tax	£408k	£732k	£89.4k	−£6.7k
Profit (best available)	£408k	£732k	£89.4k	−£6.7k
Staff costs	£1.6m	£1.5m	£1.2m	£1.1m
Employees (average)	33	32	22	20
Ratios
Profit margin	15.2%	24.3%	4.2%	−0.3%
Gross margin	99.9%	99.8%	98.2%	91%
Revenue per employee	£81.3k	£94.2k	£96.2k	£114k
Profit per employee	£12.4k	£22.9k	£4.1k	−£336
Cash conversion	58.3%	38.9%	58.9%	317.3%
Growth (year on year)
Revenue growth	—	▲12.4%	▼29.8%	▲8.1%
Profit growth	—	▲79.6%	▼87.8%	▼107.5%
Headcount growth	—	▼3%	▼31.3%	▼9.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£342k	£57.5k	£214k	£174k
Net assets	£2.1m	£1.7m	£1.7m	£1.7m
Fixed assets	£1.9m	£1.9m	£1.4m	£1.7m
Current assets	£1m	£1.3m	£1.4m	£1.5m
Debtors	£11.3k	£10.3k	£7.7k	£4.6k
Deferred income	£16.2k	£9.1k	£7.5k	£74.2k
Cash from operations	£156k	£188k	£111k	£202k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −0.3%; Profit ÷ revenue.
Gross margin: 91%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £114k; Revenue ÷ average employees.
Profit per employee: −£336; Profit ÷ average employees.
Cash conversion: 317.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 74.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.2%; 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: ▼0%; Now £1.7m
Cash at bank: ▼19%; Now £174k
Headcount: ▼9%; Now 20
Deferred income: ▲890%; Now £74.2k
Fixed assets: ▲22%; Now £1.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

JMC Packaging Limitedultimate parent75–100%
GSH Holdings Limitedthis company

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

Subsidiaries (4)

Easiweigh LimitedFigures not disclosed
Fieldpax LimitedFigures not disclosed
Infia UK LimitedFigures not disclosed
Verti-Pack LimitedFigures not disclosed

Sister companies (1)

Rockall Engineers LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit −£6.7k), from the Companies House accounts bulk data published Oct 2025. 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.