GB&M Limited
Registered name: GB&M LIMITED
Part of Horizon Capital II GP LLP groupGB&M Limited made £10.2m revenue and £1.9m profit in the year to 31 Dec 2025. read from filing text
GB&M Limited’s revenue was £10.2m in the year to 31 Dec 2025, with £1.9m profit and 36 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 17 yrs · since 2009
- 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: “The immediate parent undertaking of the company is Turnmill Limited, a company registered in England and Wales. The company's ultimate parent undertaking is Turnmill Topco Limited. Turnmill Topco Limi”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £10.8m | £10.2m |
| Cost of sales | — | — | £4m | £2.9m |
| Gross profit | — | — | £6.9m | £7.3m |
| Operating profit | — | — | £1.6m | £2.6m |
| Profit before tax | — | — | £1.6m | £2.5m |
| Profit after tax | — | — | £1.4m | £1.9m |
| Profit (best available) | — | — | £1.4m | £1.9m |
| Staff costs | — | — | £3.4m | £3m |
| Employees (average) | 15 | 16 | 24 | 36 |
| Ratios | ||||
| Profit margin | — | — | 13% | 18.2% |
| Gross margin | — | — | 63.4% | 71.4% |
| Revenue per employee | — | — | £452k | £283k |
| Profit per employee | — | — | £58.7k | £51.4k |
| Growth (year on year) | ||||
| Headcount growth | — | ▲6.7% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.2m | £2.2m | £1.1m | £358k |
| Net assets | £1.4m | £2.8m | £4.5m | £6.3m |
| Fixed assets | £17.4k | £18.9k | £37.4k | £151k |
| Current assets | £4.2m | £5.2m | £9.7m | £14.9m |
| Debtors | £951k | £1.1m | £2.2m | £2.1m |
| Deferred income | — | — | £3.6m | £4.3m |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | FullAccounts · bulk data Jul 2026 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 18.2%
- Profit ÷ revenue.
- Gross margin
- 71.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £283k
- Revenue ÷ average employees.
- Profit per employee
- £51.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 41.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21.1%
- 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 £6.3m
- Cash at bank
- —
- Now £358k
- Headcount
- —
- Now 36
- Deferred income
- —
- Now £4.3m
- Fixed assets
- —
- Now £151k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Horizon Capital II GP LLPultimate parent75–100%
- Turnmill Topco Limited75–100%
- Turnmill Holdco Limited75–100%
- Turnmill Midco Limited75–100%
- Turnmill Limited75–100%
- GB&M Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Gro Events LtdFigures 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 31 Dec 2025 (profit £1.9m), from the Companies House accounts bulk data published Jul 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.