Gemec Limited
Registered name: GEMEC LIMITED
Gemec Limited made £26m revenue and £4.6m profit in the year to 31 Dec 2025.
Gemec Limited’s revenue fell 7% to £26m in the year to 31 Dec 2025, with £4.6m profit and 38 employees. The company is classified under “construction of other civil engineering projects” and is based in Borehamwood; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Borehamwood, East of England
- Age
- 11 yrs · since 2015
- 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 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £11m | £12.9m | £27.9m | £26m |
| Cost of sales | £8m | £10m | £19.2m | £18m |
| Gross profit | £3m | £2.9m | £8.6m | £8m |
| Operating profit | £2.1m | £1.5m | £6.4m | £6.1m |
| Profit before tax | £2.1m | £1.5m | £6.4m | £6.1m |
| Profit after tax | £1.7m | £1.2m | £4.8m | £4.6m |
| Profit (best available) | £1.7m | £1.2m | £4.8m | £4.6m |
| Staff costs | £1.1m | £1.3m | £1.6m | £1.9m |
| Employees (average) | 34 | 37 | 32 | 38 |
| Ratios | ||||
| Profit margin | 15.3% | 9% | 17.3% | 17.6% |
| Gross margin | 27.2% | 22.8% | 30.9% | 30.6% |
| Revenue per employee | £323k | £349k | £871k | £683k |
| Profit per employee | £49.4k | £31.4k | £150k | £120k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲17.6% | ▲116% | ▼6.8% |
| Profit growth | — | ▼30.9% | ▲314.8% | ▼5.1% |
| Headcount growth | — | ▲8.8% | ▼13.5% | ▲18.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.7m | £3.6m | £4.7m | £8.5m |
| Net assets | £3.9m | £4.7m | £9m | £12.5m |
| Fixed assets | £117k | £158k | £259k | £306k |
| Current assets | £6.7m | £7.7m | £12.8m | £16.1m |
| Debtors | £568k | £2m | £1.7m | £2m |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 17.6%
- Profit ÷ revenue.
- Gross margin
- 30.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £683k
- Revenue ÷ average employees.
- Profit per employee
- £120k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.7%
- 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
- ▲40%
- Now £12.5m
- Cash at bank
- ▲79%
- Now £8.5m
- Headcount
- ▲19%
- Now 38
- Deferred income
- —
- Now —
- Fixed assets
- ▲18%
- Now £306k
Similar profitable businesses
- Teignmouth Maritime Services LimitedDawlish · Construction of other civil engineering projects n.e.c.
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- Profit
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- Staff
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- Ies Utilities Group LtdLevenshulme · Construction of other civil engineering projects n.e.c.
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- TJC Plant Group LimitedBrackley · Construction of other civil engineering projects n.e.c.
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- A G Wilson LimitedCraigavon · Construction of other civil engineering projects n.e.c.
- Revenue
- £25.1m
- Profit
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- Waitings LimitedPenrith · Construction of other civil engineering projects n.e.c.
- Revenue
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- Ovenden Earthmoving Co LtdCanterbury · Construction of other civil engineering projects n.e.c.
- Revenue
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £4.6m), 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.