How much does Gilcrest Manufacturing Limited make?

Gilcrest Manufacturing Limited reported revenue of £7.8m and £952k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Gilcrest Manufacturing Limited have?

Gilcrest Manufacturing Limited reported an average of 38 employees in the year to 31 Dec 2023.

Is Gilcrest Manufacturing Limited profitable?

Yes — Gilcrest Manufacturing Limited reported a profit of £952k in the year to 31 Dec 2023.

Company No. 04401860 · Incorporated 22 Mar 2002

Gilcrest Manufacturing Limited

Registered name: GILCREST MANUFACTURING LIMITED

Gilcrest Manufacturing Limited made £7.8m revenue and £952k profit in the year to 31 Dec 2023.

Gilcrest Manufacturing Limited’s revenue grew 13% to £7.8m in the year to 31 Dec 2023, with £952k profit and 38 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Bristol; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25990Manufacture of other fabricated metal products n.e.c.

Status: Active
Location: Bristol, South West
Age: 24 yrs · since 2002
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-light

Revenue

£7.8m

Growth ▲12.8%

Profit

£952k

Growth ▼2.5%

Profit margin

12.3%

Gross 35.8%

Employees

Change ▲18.8%

Profit / employee

£25.1k

Revenue/employee £205k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.9m	£7.8m
Cost of sales	£4.2m	£5m
Gross profit	£2.7m	£2.8m
Operating profit	£1.1m	£1.3m
Profit before tax	£1.1m	£1.2m
Profit after tax	£977k	£952k
Profit (best available)	£977k	£952k
Employees (average)	32	38
Ratios
Profit margin	14.2%	12.3%
Gross margin	39.2%	35.8%
Revenue per employee	£215k	£205k
Profit per employee	£30.5k	£25.1k
Growth (year on year)
Revenue growth	—	▲12.8%
Profit growth	—	▼2.5%
Headcount growth	—	▲18.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£675k	£1.7m
Net assets	£1.7m	£2.6m
Fixed assets	£716k	£673k
Current assets	£2.7m	£3.7m
Debtors	£996k	£954k
Deferred income	£331k	£202k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: 12.3%; Profit ÷ revenue.
Gross margin: 35.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £205k; Revenue ÷ average employees.
Profit per employee: £25.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.3%; 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: ▲48%; Now £2.6m
Cash at bank: ▲158%; Now £1.7m
Headcount: ▲19%; Now 38
Deferred income: ▼39%; Now £202k
Fixed assets: ▼6%; Now £673k

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 Dec 2023 (profit £952k), from the Companies House accounts bulk data published Aug 2024. Spotted an error? Request a correction.

Updated from Companies House on 17 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.