How much does Gary Fletcher (Surfacing) Limited make?

Gary Fletcher (Surfacing) Limited reported revenue of £12m and £1.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Gary Fletcher (Surfacing) Limited have?

Gary Fletcher (Surfacing) Limited reported an average of 38 employees in the year to 31 Mar 2025.

Is Gary Fletcher (Surfacing) Limited profitable?

Yes — Gary Fletcher (Surfacing) Limited reported a profit of £1.2m in the year to 31 Mar 2025.

Company No. 03839699 · Incorporated 10 Sep 1999

Gary Fletcher (Surfacing) Limited

Registered name: GARY FLETCHER (SURFACING) LIMITED

Gary Fletcher (Surfacing) Limited made £12m revenue and £1.2m profit in the year to 31 Mar 2025. read from filing text

Gary Fletcher (Surfacing) Limited’s revenue fell 1% to £12m in the year to 31 Mar 2025, with £1.2m profit and 38 employees. The company is classified under “construction of roads and motorways” and is based in Nottingham; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42110Construction of roads and motorways

Status: Active
Location: Nottingham, East Midlands
Age: 27 yrs · since 1999
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentCash flow filed

Revenue

£12m

Growth ▼0.9%

Profit

£1.2m

Growth ▼41.5%

Profit margin

10.3%

Gross 28.4%

Employees

Change ▼9.5%

Profit / employee

£32.6k

Revenue/employee £315k

Profitable streak

2yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£12.1m	£12m
Cost of sales	—	—	£7.7m	£8.6m
Gross profit	—	—	£4.4m	£3.4m
Operating profit	—	—	£2.6m	£1.1m
Profit before tax	—	—	£2.7m	£1.4m
Profit after tax	—	—	£2.1m	£1.2m
Profit (best available)	—	—	£2.1m	£1.2m
Staff costs	—	—	£2.1m	£2.5m
Employees (average)	39	41	42	38
Ratios
Profit margin	—	—	17.5%	10.3%
Gross margin	—	—	36.4%	28.4%
Revenue per employee	—	—	£287k	£315k
Profit per employee	—	—	£50.4k	£32.6k
Cash conversion	—	—	—	−113.6%
Growth (year on year)
Revenue growth	—	—	—	▼0.9%
Profit growth	—	—	—	▼41.5%
Headcount growth	—	▲5.1%	▲2.4%	▼9.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.7m	£8m	£9.5m	£10m
Net assets	£11.1m	£12.4m	£14.4m	£16m
Fixed assets	£1.2m	£1.3m	£1.1m	£1.3m
Current assets	£12.8m	£13.7m	£16.1m	£17.3m
Debtors	£6.1m	£237k	£737k	£528k
Deferred income	—	—	£172k	£57.9k
Cash from operations	—	—	—	−£1.2m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 10.3%; Profit ÷ revenue.
Gross margin: 28.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £315k; Revenue ÷ average employees.
Profit per employee: £32.6k; Profit ÷ average employees.
Cash conversion: −113.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.4%; 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: ▲12%; Now £16m
Cash at bank: ▲5%; Now £10m
Headcount: ▼10%; Now 38
Deferred income: ▼66%; Now £57.9k
Fixed assets: ▲14%; Now £1.3m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.2m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 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.