How much does GP First Limited make?

GP First Limited reported revenue of £8.8m and £178k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does GP First Limited have?

GP First Limited reported an average of 18 employees in the year to 31 Mar 2025.

Is GP First Limited profitable?

Yes — GP First Limited reported a profit of £178k in the year to 31 Mar 2025.

Company No. 08396093 · Incorporated 8 Feb 2013

GP First Limited

Registered name: GP FIRST LIMITED

GP First Limited made £8.8m revenue and £178k profit in the year to 31 Mar 2025.

GP First Limited’s revenue grew 1% to £8.8m in the year to 31 Mar 2025, with £178k profit and 18 employees. The company is classified under “general medical practice activities” and is based in Stafford; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86210General medical practice activities

Status: Active
Location: Stafford, West Midlands
Age: 13 yrs · since 2013
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£8.8m

Growth ▲0.6%

Profit

£178k

Growth ▼12.1%

Profit margin

Gross 9.7%

Employees

Change ▲12.5%

Profit / employee

£9.9k

Revenue/employee £487k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£8.7m	£8.8m
Cost of sales	—	£7.8m	£7.9m
Gross profit	—	£920k	£852k
Operating profit	—	£142k	£117k
Profit before tax	—	£222k	£242k
Profit after tax	—	£202k	£178k
Profit (best available)	—	£202k	£178k
Staff costs	—	£828k	£798k
Employees (average)	16	16	18
Ratios
Profit margin	—	2.3%	2%
Gross margin	—	10.6%	9.7%
Revenue per employee	—	£544k	£487k
Profit per employee	—	£12.6k	£9.9k
Cash conversion	—	−40.8%	−328.6%
Growth (year on year)
Revenue growth	—	—	▲0.6%
Profit growth	—	—	▼12.1%
Headcount growth	—	0%	▲12.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£5m	£4m	£5.1m
Net assets	£584k	£786k	£964k
Fixed assets	£1.5k	£1k	£590
Current assets	£5.6m	£5.2m	£5.5m
Debtors	£549k	£1.2m	£364k
Deferred income	£4.3m	£4.2m	—
Cash from operations	—	−£57.8k	−£385k
Source	FilletedAccounts · bulk data Dec 2024	FilletedAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 2%; Profit ÷ revenue.
Gross margin: 9.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £487k; Revenue ÷ average employees.
Profit per employee: £9.9k; Profit ÷ average employees.
Cash conversion: −328.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.2%; 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: ▲23%; Now £964k
Cash at bank: ▲27%; Now £5.1m
Headcount: ▲13%; Now 18
Deferred income: —; Now —
Fixed assets: ▼44%; Now £590

Corporate ownership

Group structure

Subsidiaries (1)

GP First PCN LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers 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 £178k), 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.