How much does Gelstar Limited make?

Gelstar Limited reported revenue of £1.2m and £1.4m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Gelstar Limited have?

Gelstar Limited reported an average of 1 employee in the year to 31 Mar 2025.

Is Gelstar Limited profitable?

Yes — Gelstar Limited reported a profit of £1.4m in the year to 31 Mar 2025.

Company No. 07407260 · Incorporated 14 Oct 2010

Gelstar Limited

Registered name: GELSTAR LIMITED

Gelstar Limited made £1.2m revenue and £1.4m profit in the year to 31 Mar 2025. read from filing text

Gelstar Limited’s revenue grew 1% to £1.2m in the year to 31 Mar 2025, with £1.4m profit and 1 employee. The company is classified under “development of building projects” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects SIC 68209Other letting and operating of own or leased real estate SIC 68320Management of real estate on a fee or contract basis

Status: Active
Location: London, London
Age: 16 yrs · since 2010
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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: “In the opinion of the director, the ultimate parent company is Excel Portfolios Limited, a company registered in Jersey. The immediate parent company is Guildmore Investments Limited, a company incorp”

Latest accounts · year to 31 Mar 2025

Key figures

Small teamOperating leverage

Revenue

£1.2m

Growth ▲1.4%

Profit

£1.4m

Growth ▲899.8%

Profit margin

120.9%

Employees

Change —

Profit / employee

£1.4m

Revenue/employee £1.2m

Profitable streak

2yrs

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 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)	£0	£579k	£1.2m	£1.2m
Operating profit	−£806	£289k	£823k	£2.2m
Profit before tax	−£806	−£192k	£315k	£1.8m
Profit after tax	−£806	−£236k	£145k	£1.4m
Profit (best available)	−£806	−£236k	£145k	£1.4m
Employees (average)	—	0	0	1
Ratios
Profit margin	—	−40.7%	12.3%	120.9%
Revenue per employee	—	—	—	£1.2m
Profit per employee	—	—	—	£1.4m
Cash conversion	—	−1491%	−113.3%	—
Growth (year on year)
Revenue growth	—	—	▲103.6%	▲1.4%
Profit growth	—	—	—	▲899.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£156k	£230k	£10.7k	£202k
Net assets	£82.1k	£10.4m	£10.6m	£12m
Fixed assets	£20.6k	£20.2m	£20.8m	£16.3m
Current assets	£16.5m	£927k	£1.4m	£10.8m
Debtors	£0	£83.3k	£62k	£105k
Deferred income	£500	£578k	£893k	£212k
Cash from operations	−£148k	−£4.3m	−£933k	—
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 120.9%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.2m; Revenue ÷ average employees.
Profit per employee: £1.4m; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1364%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 17.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.8%; 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: ▲14%; Now £12m
Cash at bank: ▲1790%; Now £202k
Headcount: —; Now 1
Deferred income: ▼76%; Now £212k
Fixed assets: ▼21%; Now £16.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.4m), from the Companies House accounts bulk data published Dec 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.