How much does GH London Ground Handling Services Limited make?

GH London Ground Handling Services Limited reported revenue of £22.8m and a loss of £892k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does GH London Ground Handling Services Limited have?

GH London Ground Handling Services Limited reported an average of 769 employees in the year to 31 Dec 2024.

Is GH London Ground Handling Services Limited profitable?

No — GH London Ground Handling Services Limited reported a loss of £892k in the year to 31 Dec 2024.

Company No. 08080734 · Incorporated 23 May 2012

GH London Ground Handling Services Limited

Registered name: GH LONDON GROUND HANDLING SERVICES LIMITED

Part of GPZ Investments Limited group

GH London Ground Handling Services Limited made £22.8m revenue and a £892k loss in the year to 31 Dec 2024. read from filing text

GH London Ground Handling Services Limited’s revenue was £22.8m in the year to 31 Dec 2024, with a loss of £892k and 769 employees. The company is classified under “service activities incidental to air transportation” and is based in Ilford; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52230Service activities incidental to air transportation

Status: Active
Location: Ilford, London
Age: 14 yrs · since 2012
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 parent entity is”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed

Revenue

£22.8m

Growth ▼0.2%

Profit

−£892k

Growth —

Profit margin

−3.9%

Gross 4.8%

Employees

769

Change ▼1%

Profit / employee

−£1.2k

Revenue/employee £29.6k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£20.4m	£22.8m	£22.8m
Cost of sales	£19.7m	£22.9m	£21.7m
Gross profit	£745k	−£65.1k	£1.1m
Operating profit	−£2.5m	−£3.2m	−£1.2m
Profit before tax	−£2.5m	−£3.2m	−£1.2m
Profit after tax	−£2m	−£1.2m	−£892k
Profit (best available)	−£2m	−£1.2m	−£892k
Staff costs	£12.6m	£16.2m	£15.2m
Employees (average)	719	777	769
Ratios
Profit margin	−9.9%	−5.4%	−3.9%
Gross margin	3.6%	−0.3%	4.8%
Revenue per employee	£28.4k	£29.4k	£29.6k
Profit per employee	−£2.8k	−£1.6k	−£1.2k
Growth (year on year)
Revenue growth	—	▲11.9%	▼0.2%
Headcount growth	—	▲8.1%	▼1%
Balance sheet — indirect signals, not revenue
Cash at bank	£852k	£1.1m	£1.2m
Net assets	−£5.3m	−£6.6m	−£7.5m
Fixed assets	£658k	£310k	£224k
Current assets	£3.8m	£3.8m	£3.1m
Debtors	£2m	£1.7m	£1.1m
Deferred income	£848k	£532k	£392k
Cash from operations	−£17k	−£356k	£174k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −3.9%; Profit ÷ revenue.
Gross margin: 4.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £29.6k; Revenue ÷ average employees.
Profit per employee: −£1.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.9%; 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 −£7.5m
Cash at bank: ▲5%; Now £1.2m
Headcount: ▼1%; Now 769
Deferred income: ▼26%; Now £392k
Fixed assets: ▼28%; Now £224k

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

GPZ Investments Limitedultimate parent50–75%
GH London Ground Handling Services Limitedthis company

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

Minority corporate shareholders

Gh Italia Spa (registered outside the UK register) 25–50%

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£892k), from the Companies House accounts bulk data published Sep 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.