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Company No. 05183938 · Incorporated 19 Jul 2004

Gunning Transmission & Distribution Services Limited

Registered name: GUNNING TRANSMISSION & DISTRIBUTION SERVICES LIMITED

Part of Sustainable Ethical Holdings Limited group

Gunning Transmission & Distribution Services Limited made £96.5m revenue and £420k profit in the year to 31 Aug 2024.

Gunning Transmission & Distribution Services Limited’s revenue grew 119% to £96.5m in the year to 31 Aug 2024, with £420k profit and 73 employees. The company is classified under “electrical installation” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation
Status
In Administration
Location
London, London
Age
22 yrs · since 2004
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.

Latest accounts · year to 31 Aug 2024

Key figures

Capital-lightBoring industryCash flow filed
Revenue
£96.5m
Growth ▲119%
Profit
£420k
Growth ▼36.7%
Profit margin
0.4%
Gross 2.7%
Employees
73
Change ▲15.9%
Profit / employee
£5.8k
Revenue/employee £1.3m
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 to31 Aug 202231 Aug 202331 Aug 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£15.8m£44.1m£96.5m
Cost of sales£12.8m£38.9m£93.9m
Gross profit£3m£5.1m£2.6m
Operating profit£447k£816k£461k
Profit before tax£440k£854k£582k
Profit after tax£351k£664k£420k
Profit (best available)£351k£664k£420k
Staff costs£3.4m£3.8m£4.9m
Employees (average)516373
Ratios
Profit margin2.2%1.5%0.4%
Gross margin18.9%11.6%2.7%
Revenue per employee£310k£699k£1.3m
Profit per employee£6.9k£10.5k£5.8k
Cash conversion−830.7%−764.7%1781%
Growth (year on year)
Revenue growth—▲178.4%▲119%
Profit growth—▲89.1%▼36.7%
Headcount growth—▲23.5%▲15.9%
Balance sheet — indirect signals, not revenue
Cash at bank£4.1m£9.7m£1.7m
Net assets£1.7m£2.1m£2.5m
Fixed assets£78.1k£69.3k£73.6k
Current assets£5.5m£21m£29.6m
Debtors£1m£4.2m£10m
Deferred income£217k£9.3m£9.6m
Cash from operations−£3.7m−£6.2m£8.2m
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
0.4%
Profit ÷ revenue.
Gross margin
2.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.3m
Revenue ÷ average employees.
Profit per employee
£5.8k
Profit ÷ average employees.
Cash conversion
1781%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
10%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.4%
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
▲20%
Now £2.5m
Cash at bank
▼82%
Now £1.7m
Headcount
▲16%
Now 73
Deferred income
▲3%
Now £9.6m
Fixed assets
▲6%
Now £73.6k

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

  1. Sustainable Ethical Holdings Limitedultimate parent75–100%
  2. Ethical Power Group Holdings Ltd75–100%
  3. Ethical Power Group Limited75–100%
  4. Gunning Transmission & Distribution Services Limitedthis company

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

Sister companies (9)

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 Aug 2024 (profit £420k), from the Companies House accounts bulk data published Sep 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.