How much does Gemex Limited make?

Gemex Limited reported revenue of £14.6m and £3.4m profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Gemex Limited have?

Gemex Limited reported an average of 20 employees in the year to 31 Mar 2023.

Is Gemex Limited profitable?

Yes — Gemex Limited reported a profit of £3.4m in the year to 31 Mar 2023.

Company No. 05433473 · Incorporated 22 Apr 2005

Gemex Limited

Registered name: GEMEX LIMITED

Part of Gemex Holdings Limited group

Gemex Limited made £14.6m revenue and £3.4m profit in the year to 31 Mar 2023.

Gemex Limited’s revenue fell 6% to £14.6m in the year to 31 Mar 2023, with £3.4m profit and 20 employees. The company is classified under “non-specialised wholesale trade” and is based in London; we hold 2 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: London, London
Age: 21 yrs · since 2005
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 Mar 2023

Key figures

Capital-light

Revenue

£14.6m

Growth ▼6.2%

Profit

£3.4m

Growth ▼13.5%

Profit margin

23.3%

Gross 38.2%

Employees

Change ▲25%

Profit / employee

£170k

Revenue/employee £732k

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 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.6m	£14.6m
Cost of sales	£9.7m	£9.1m
Gross profit	£6m	£5.6m
Operating profit	£4.9m	£4.2m
Profit before tax	£4.9m	£4.2m
Profit after tax	£3.9m	£3.4m
Profit (best available)	£3.9m	£3.4m
Staff costs	£791k	£973k
Employees (average)	16	20
Ratios
Profit margin	25.3%	23.3%
Gross margin	38.2%	38.2%
Revenue per employee	£976k	£732k
Profit per employee	£246k	£170k
Growth (year on year)
Revenue growth	—	▼6.2%
Profit growth	—	▼13.5%
Headcount growth	—	▲25%
Balance sheet — indirect signals, not revenue
Cash at bank	£9m	£8.5m
Net assets	£9.5m	£12.8m
Fixed assets	£84k	£103k
Current assets	£15.8m	£16.6m
Debtors	£2.9m	£2.4m
Deferred income	£33.6k	£37.2k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 23.3%; Profit ÷ revenue.
Gross margin: 38.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £732k; Revenue ÷ average employees.
Profit per employee: £170k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.6%; 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: ▲35%; Now £12.8m
Cash at bank: ▼6%; Now £8.5m
Headcount: ▲25%; Now 20
Deferred income: ▲11%; Now £37.2k
Fixed assets: ▲23%; Now £103k

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

Gemex Holdings Limitedultimate parent75–100%
Gemex Limitedthis company

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

Sister companies (1)

Gemex Property LimitedRev. £34.8k · Profit −£52.5k

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 Mar 2023 (profit £3.4m), from the Companies House accounts bulk data published Mar 2024. 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.