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Company No. 06980471 · Incorporated 4 Aug 2009

GB&M Limited

Registered name: GB&M LIMITED

Part of Horizon Capital II GP LLP group

GB&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.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
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”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light
Revenue
£10.2m
Growth —
Profit
£1.9m
Growth —
Profit margin
18.2%
Gross 71.4%
Employees
36
Change —
Profit / employee
£51.4k
Revenue/employee £283k
Profitable streak
2yrs
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 to30 Jun 202230 Jun 202331 Dec 202431 Dec 2025
DisclosureNo P&LNo P&LFull P&Lread from filing textFull 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)15162436
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
SourceAccounts · bulk data Feb 2024Accounts · bulk data Feb 2024FullAccounts · bulk data Jul 2026FullAccounts · bulk data Jul 2026
Derived from the latest filing

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.
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 £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.

Corporate ownership

Group structure

Ownership chain

  1. Horizon Capital II GP LLPultimate parent75–100%
  2. Turnmill Topco Limited75–100%
  3. Turnmill Holdco Limited75–100%
  4. Turnmill Midco Limited75–100%
  5. Turnmill Limited75–100%
  6. GB&M Limitedthis company

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

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.