How much does Gordon Murray Electronics Limited make?

Gordon Murray Electronics Limited reported revenue of £10.5m and a loss of £1.1m in the year to 31 Jul 2023, according to its accounts filed at Companies House.

How many employees does Gordon Murray Electronics Limited have?

Gordon Murray Electronics Limited reported an average of 20 employees in the year to 31 Jul 2023.

Is Gordon Murray Electronics Limited profitable?

No — Gordon Murray Electronics Limited reported a loss of £1.1m in the year to 31 Jul 2023.

Company No. 06667723 · Incorporated 7 Aug 2008

Gordon Murray Electronics Limited

Registered name: GORDON MURRAY ELECTRONICS LIMITED

Part of Abu Dhabi Government group

Gordon Murray Electronics Limited made £10.5m revenue and a £1.1m loss in the year to 31 Jul 2023.

Gordon Murray Electronics Limited’s revenue was £10.5m in the year to 31 Jul 2023, with a loss of £1.1m and 20 employees. The company is classified under “engineering related scientific and technical consulting activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71122Engineering related scientific and technical consulting activities

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.

Latest accounts · year to 31 Jul 2023

Key figures

Capital-light

Revenue

£10.5m

Growth —

Profit

−£1.1m

Growth —

Profit margin

−10.6%

Gross 3.2%

Employees

Change —

Profit / employee

−£55.6k

Revenue/employee £525k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Jul 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£335k	£10.5m
Cost of sales	—	£10.2m
Gross profit	—	£338k
Operating profit	−£23.3k	−£1.1m
Profit before tax	−£23.3k	−£1.1m
Profit after tax	−£12.1k	−£1.1m
Profit (best available)	−£12.1k	−£1.1m
Employees (average)	2	20
Ratios
Profit margin	−3.6%	−10.6%
Gross margin	—	3.2%
Revenue per employee	£167k	£525k
Profit per employee	−£6k	−£55.6k
Balance sheet — indirect signals, not revenue
Cash at bank	£78k	£452k
Net assets	−£12k	−£1.1m
Fixed assets	£66.2k	£44.5k
Current assets	£163k	£765k
Debtors	£34.3k	£314k
Deferred income	£25.8k	£948k
Source	Accounts · bulk data Jul 2024	Accounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: −10.6%; Profit ÷ revenue.
Gross margin: 3.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £525k; Revenue ÷ average employees.
Profit per employee: −£55.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3%; 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 −£1.1m
Cash at bank: —; Now £452k
Headcount: —; Now 20
Deferred income: —; Now £948k
Fixed assets: —; Now £44.5k

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

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 Limited75–100%
Gordon Murray Electronics Limitedthis company

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

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Jul 2023 (profit −£1.1m), from the Companies House accounts bulk data published Jul 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.