How much does Gas Fast Limited make?

Gas Fast Limited reported revenue of £11.2m and a loss of £1.1m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Gas Fast Limited have?

Gas Fast Limited reported an average of 48 employees in the year to 31 Dec 2025.

Is Gas Fast Limited profitable?

No — Gas Fast Limited reported a loss of £1.1m in the year to 31 Dec 2025.

Company No. 05784955 · Incorporated 19 Apr 2006

Gas Fast Limited

Registered name: GAS FAST LIMITED

Part of Wickes Group PLC group

Gas Fast Limited made £11.2m revenue and a £1.1m loss in the year to 31 Dec 2025.

Gas Fast Limited’s revenue was £11.2m in the year to 31 Dec 2025, with a loss of £1.1m and 48 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Watford; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation SIC 74901Environmental consulting activities

Status: Active
Location: Watford, East of England
Age: 20 yrs · since 2006
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. From the filing: “Wickes Group Holdings Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightBoring industry

Revenue

£11.2m

Growth —

Profit

−£1.1m

Growth —

Profit margin

−9.7%

Gross 21.9%

Employees

Change —

Profit / employee

−£22.7k

Revenue/employee £233k

Profitable streak

0yrs

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	30 Apr 2023	30 Apr 2024	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£33.1m	£27m	£11m	£11.2m
Cost of sales	£27.2m	£20.5m	£8.4m	£8.7m
Gross profit	£5.9m	£6.5m	£2.6m	£2.4m
Operating profit	£3.9m	£3.1m	£526k	−£1.5m
Profit before tax	£3.9m	£3.2m	£561k	−£1.4m
Profit after tax	£3.2m	£2.4m	£419k	−£1.1m
Profit (best available)	£3.2m	£2.4m	£419k	−£1.1m
Staff costs	£1m	£1.5m	£1.1m	£2m
Employees (average)	33	48	44	48
Ratios
Profit margin	9.5%	8.7%	3.8%	−9.7%
Gross margin	17.9%	24.1%	24%	21.9%
Revenue per employee	£1m	£563k	£250k	£233k
Profit per employee	£95.6k	£49.1k	£9.5k	−£22.7k
Cash conversion	71.9%	45.9%	—	—
Growth (year on year)
Revenue growth	—	▼18.4%	—	—
Profit growth	—	▼25.4%	—	—
Headcount growth	—	▲45.5%	—	—
Balance sheet — indirect signals, not revenue
Cash at bank	£3.5m	£3.6m	£1.3m	£451k
Net assets	£3.8m	£6.1m	£1.7m	£580k
Fixed assets	£271k	£400k	£181k	£184k
Current assets	£5.7m	£7m	£2.4m	£1.4m
Debtors	£319k	£318k	£186k	£44.6k
Cash from operations	£2.8m	£1.4m	—	—
Source	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −9.7%; Profit ÷ revenue.
Gross margin: 21.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £233k; Revenue ÷ average employees.
Profit per employee: −£22.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.4%; 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: —; Now £580k
Cash at bank: —; Now £451k
Headcount: —; Now 48
Deferred income: —; Now —
Fixed assets: —; Now £184k

Corporate ownership

Group structure

Ownership chain

Wickes Group PLCultimate parent75–100%
Wickes Group Holdings Limited50–75%
Gas Fast Limitedthis company

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

Sister companies (2)

Wickes Building Supplies LimitedFigures not disclosed
Wickes Finance LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£1.1m), from the Companies House accounts bulk data published Sep 2026. 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.