Gordon Murray Technologies Limited
Registered name: GORDON MURRAY TECHNOLOGIES LIMITED
Part of Abu Dhabi Government groupGordon Murray Technologies Limited made £60.1m revenue and a £21.3m loss in the year to 31 Dec 2024.
Gordon Murray Technologies Limited’s revenue was £60.1m in the year to 31 Dec 2024, with a loss of £21.3m and 180 employees. The company is classified under “engineering related scientific and technical consulting activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 19 yrs · since 2007
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Jul 2023 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £21.6m | £76.4m | £25.4m | £60.1m |
| Cost of sales | £14.5m | £58.5m | −£21.3m | −£52.9m |
| Gross profit | £7.1m | £17.9m | £4.1m | £7.2m |
| Operating profit | −£778k | −£25.9m | −£4.3m | −£21.2m |
| Profit before tax | −£926k | −£26.1m | −£4.2m | −£21.3m |
| Profit after tax | −£139k | −£27.7m | −£4.3m | −£21.3m |
| Profit (best available) | −£139k | −£27.7m | −£4.3m | −£21.3m |
| Staff costs | £9.5m | £21m | — | — |
| Employees (average) | 138 | 220 | 170 | 180 |
| Ratios | ||||
| Profit margin | −0.6% | −36.3% | −17.1% | −35.4% |
| Gross margin | 33% | 23.4% | 16% | 12% |
| Revenue per employee | £156k | £347k | £149k | £334k |
| Profit per employee | −£1k | −£126k | −£25.5k | −£118k |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3m | £664k | — | — |
| Net assets | £1.4m | −£22.3m | — | — |
| Fixed assets | £4.2m | £901k | — | — |
| Current assets | £9.5m | £5.3m | — | — |
| Debtors | £0 | £71 | — | — |
| Deferred income | £5m | £16.3m | — | — |
| Cash from operations | £3.3m | £911k | — | — |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −35.4%
- Profit ÷ revenue.
- Gross margin
- 12%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £334k
- Revenue ÷ average employees.
- Profit per employee
- −£118k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 180
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Abu Dhabi Government (registered outside the UK register)ultimate parent75–100%
- McLaren Group Holdings Limited75–100%
- Gordon Murray Technologies Holdings Limited75–100%
- Gordon Murray Technologies Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Gordon Murray Electronics LimitedRev. £10.5m · Profit −£1.1m
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£21.3m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 14 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.