Gibson Fibreglass Services Limited
Registered name: GIBSON FIBREGLASS SERVICES LIMITED
Gibson Fibreglass Services Limited made £624k revenue and £116k profit in the year to 28 Feb 2024.
Gibson Fibreglass Services Limited’s revenue fell 19% to £624k in the year to 28 Feb 2024, with £116k profit and -6 employees. The company is classified under “other specialised construction activities” and is based in Newcastle; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- Newcastle, West Midlands
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 28 Feb 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £772k | £624k |
| Cost of sales | — | — | £175k |
| Gross profit | — | £606k | £449k |
| Operating profit | — | £236k | £155k |
| Profit before tax | — | £236k | £155k |
| Profit after tax | — | £191k | £116k |
| Profit (best available) | — | £191k | £116k |
| Employees (average) | 3 | 4 | -6 |
| Ratios | |||
| Profit margin | — | 24.7% | 18.6% |
| Gross margin | — | 78.5% | 71.9% |
| Revenue per employee | — | £193k | −£104k |
| Profit per employee | — | £47.7k | −£19.4k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼19.2% |
| Profit growth | — | — | ▼39% |
| Headcount growth | — | ▲33.3% | ▼250% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £295k | £9.3k |
| Net assets | £19.5k | £108k | £41.2k |
| Fixed assets | £55.4k | £41.8k | £38.6k |
| Current assets | £218k | £377k | £123k |
| Debtors | — | £27.9k | £1.9k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- 18.6%
- Profit ÷ revenue.
- Gross margin
- 71.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- −£104k
- Revenue ÷ average employees.
- Profit per employee
- −£19.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- Money owed by customers. Low = customers pay quickly.
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
- ▼62%
- Now £41.2k
- Cash at bank
- ▼97%
- Now £9.3k
- Headcount
- ▼250%
- Now -6
- Deferred income
- —
- Now —
- Fixed assets
- ▼8%
- Now £38.6k
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2024 (profit £116k), from the Companies House accounts bulk data published Oct 2024. 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.