How much does GT Produce Limited make?

GT Produce Limited reported revenue of £23.1m and £108k profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does GT Produce Limited have?

GT Produce Limited reported an average of 68 employees in the year to 31 Oct 2025.

Is GT Produce Limited profitable?

Yes — GT Produce Limited reported a profit of £108k in the year to 31 Oct 2025.

Company No. 07039530 · Incorporated 13 Oct 2009

GT Produce Limited

Registered name: GT PRODUCE LIMITED

Part of Gilbert Thompson Trustees Limited group

GT Produce Limited made £23.1m revenue and £108k profit in the year to 31 Oct 2025. read from filing text

GT Produce Limited’s revenue fell 3% to £23.1m in the year to 31 Oct 2025, with £108k profit and 68 employees. The company is classified under “wholesale of fruit and vegetables” and is based in Leeds; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46310Wholesale of fruit and vegetables

Status: Active
Location: Leeds, Yorkshire and The Humber
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 company’s immediate parent company is Gilbert Thompson (Leeds) Limited whose registered office Yorkshire Produce Centre, Pontefract Lane, Leeds, LS9 0PX, which is a company incorporated in England”

Latest accounts · year to 31 Oct 2025

Key figures

Capital-light

Revenue

£23.1m

Growth ▼3.1%

Profit

£108k

Growth ▼63.1%

Profit margin

0.5%

Gross 8%

Employees

Change ▼1.5%

Profit / employee

£1.6k

Revenue/employee £339k

Profitable streak

4yrs

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 to	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£17.2m	£20.3m	£23.8m	£23.1m
Cost of sales	£15.9m	£18.9m	£21.8m	£21.2m
Gross profit	£1.3m	£1.5m	£2m	£1.8m
Operating profit	£223k	£265k	£405k	£154k
Profit before tax	£219k	£260k	£401k	£150k
Profit after tax	£180k	£229k	£292k	£108k
Profit (best available)	£180k	£229k	£292k	£108k
Staff costs	£2m	£2.2m	£2.7m	£2.6m
Employees (average)	62	66	69	68
Ratios
Profit margin	1.1%	1.1%	1.2%	0.5%
Gross margin	7.6%	7.2%	8.3%	8%
Revenue per employee	£277k	£308k	£345k	£339k
Profit per employee	£2.9k	£3.5k	£4.2k	£1.6k
Growth (year on year)
Revenue growth	—	▲18.4%	▲17%	▼3.1%
Profit growth	—	▲27.4%	▲27.6%	▼63.1%
Headcount growth	—	▲6.5%	▲4.5%	▼1.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£33.9k	£9.6k	£224k	£127k
Net assets	£624k	£853k	£1.1m	£1.3m
Fixed assets	£362k	£383k	£295k	£403k
Current assets	£2.1m	£2.5m	£2.9m	£2.7m
Debtors	£990k	£1.5m	£1.6m	£1.5m
Deferred income	£274k	£219k	£440k	£261k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data May 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 0.5%; Profit ÷ revenue.
Gross margin: 8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £339k; Revenue ÷ average employees.
Profit per employee: £1.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.6%; 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: ▲9%; Now £1.3m
Cash at bank: ▼43%; Now £127k
Headcount: ▼1%; Now 68
Deferred income: ▼41%; Now £261k
Fixed assets: ▲36%; Now £403k

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

Gilbert Thompson Trustees Limitedultimate parent75–100%
Gilbert Thompson (Leeds) Limited75–100%
GT Produce Limitedthis company

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

Sister companies (1)

G T Prep LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £108k), 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.