How much does P W Gates Distribution Limited make?

P W Gates Distribution Limited reported revenue of £24.3m and £58.5k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does P W Gates Distribution Limited have?

P W Gates Distribution Limited reported an average of 200 employees in the year to 31 Mar 2025.

Is P W Gates Distribution Limited profitable?

Yes — P W Gates Distribution Limited reported a profit of £58.5k in the year to 31 Mar 2025.

Company No. 04552128 · Incorporated 3 Oct 2002

P W Gates Distribution Limited

Registered name: P W GATES DISTRIBUTION LIMITED

P W Gates Distribution Limited made £24.3m revenue and £58.5k profit in the year to 31 Mar 2025. read from filing text

P W Gates Distribution Limited’s revenue grew 14% to £24.3m in the year to 31 Mar 2025, with £58.5k profit and 200 employees. The company is classified under “freight transport by road” and is based in Bedford; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

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

Latest accounts · year to 31 Mar 2025

Key figures

IndependentBoring industry

Revenue

£24.3m

Growth ▲13.8%

Profit

£58.5k

Growth ▼92.1%

Profit margin

0.2%

Gross 34.3%

Employees

200

Change ▲5.8%

Profit / employee

£293

Revenue/employee £122k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£20.4m	£21.4m	£24.3m
Cost of sales	£12.5m	£12.9m	£16m
Gross profit	£7.9m	£8.4m	£8.3m
Operating profit	£1.4m	£1.4m	£578k
Profit before tax	£1.1m	£1m	£119k
Profit after tax	£892k	£740k	£58.5k
Profit (best available)	£892k	£740k	£58.5k
Staff costs	£6.8m	£7.3m	—
Employees (average)	175	189	200
Ratios
Profit margin	4.4%	3.5%	0.2%
Gross margin	38.7%	39.5%	34.3%
Revenue per employee	£116k	£113k	£122k
Profit per employee	£5.1k	£3.9k	£293
Cash conversion	−150.8%	−204.8%	—
Growth (year on year)
Revenue growth	—	▲4.8%	▲13.8%
Profit growth	—	▼17%	▼92.1%
Headcount growth	—	▲8%	▲5.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.1k	£565	£465
Net assets	£960k	£1.4m	£1.4m
Fixed assets	£5m	£5.1m	£5.8m
Current assets	£4.4m	£4.5m	£4.9m
Debtors	£2.7m	£2.9m	£3m
Cash from operations	−£2.2m	−£2.8m	—
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0.2%; Profit ÷ revenue.
Gross margin: 34.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £122k; Revenue ÷ average employees.
Profit per employee: £293; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 23.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; 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: ▲4%; Now £1.4m
Cash at bank: ▼18%; Now £465
Headcount: ▲6%; Now 200
Deferred income: —; Now —
Fixed assets: ▲13%; Now £5.8m

Corporate ownership

Group structure

Subsidiaries (1)

Mercury Holdings (Manchester) LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers 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 £58.5k), from the Companies House accounts bulk data published Dec 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.