GBST Wealth Management Limited
Registered name: GBST WEALTH MANAGEMENT LIMITED
Part of GBST UK Holdings Limited groupGBST Wealth Management Limited made £6.6m revenue and a £2.4m loss in the year to 30 Jun 2024.
GBST Wealth Management Limited’s revenue fell 29% to £6.6m in the year to 30 Jun 2024, with a loss of £2.4m and 56 employees. The company is classified under “business and domestic software development” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 18 yrs · since 2008
- 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 | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £9.3m | £6.6m |
| Cost of sales | £7.1m | £7.9m |
| Gross profit | £2.1m | −£1.3m |
| Operating profit | £362k | −£2m |
| Profit before tax | £260k | −£2.2m |
| Profit after tax | £308k | −£2.4m |
| Profit (best available) | £308k | −£2.4m |
| Employees (average) | 60 | 56 |
| Ratios | ||
| Profit margin | 3.3% | −36.4% |
| Gross margin | 22.9% | −19% |
| Revenue per employee | £154k | £118k |
| Profit per employee | £5.1k | −£42.8k |
| Growth (year on year) | ||
| Revenue growth | — | ▼28.7% |
| Profit growth | — | ▼878.2% |
| Headcount growth | — | ▼6.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.1m | £572k |
| Net assets | £3.1m | £737k |
| Fixed assets | £515k | £278k |
| Current assets | £4.2m | £1.6m |
| Debtors | £3.2m | £992k |
| Source | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- −36.4%
- Profit ÷ revenue.
- Gross margin
- −19%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £118k
- Revenue ÷ average employees.
- Profit per employee
- −£42.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15%
- 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
- ▼77%
- Now £737k
- Cash at bank
- ▼46%
- Now £572k
- Headcount
- ▼7%
- Now 56
- Deferred income
- —
- Now —
- Fixed assets
- ▼46%
- Now £278k
Group structure
Ownership chain
- GBST UK Holdings Limitedultimate parent75–100%
- GBST Wealth Management Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- GBST Hosting LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit −£2.4m), from the Companies House accounts bulk data published May 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.