How much does Giant Precision Services Limited make?

Giant Precision Services Limited reported revenue of £12.4m and £112k profit in the year to 31 May 2023, according to its accounts filed at Companies House.

How many employees does Giant Precision Services Limited have?

Giant Precision Services Limited reported an average of 238 employees in the year to 31 May 2023.

Is Giant Precision Services Limited profitable?

Yes — Giant Precision Services Limited reported a profit of £112k in the year to 31 May 2023.

Company No. 10315415

Giant Precision Services LimitedDissolved

Giant Precision Services Limited made £12.4m revenue and £112k profit in the year to 31 May 2023. read from filing text

Giant Precision Services Limited’s revenue fell 50% to £12.4m in the year to 31 May 2023, with £112k profit and 238 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 May 2023

Key figures

Independent

Revenue

£12.4m

Growth ▼49.7%

Profit

£112k

Growth ▲547.6%

Profit margin

0.9%

Gross 0.9%

Employees

238

Change ▼44.3%

Profit / employee

£470

Revenue/employee £52.2k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£24.7m	£12.4m
Cost of sales	£24m	£12.3m
Gross profit	£717k	£109k
Operating profit	£20.1k	£2.5k
Profit before tax	£20.1k	£140k
Profit after tax	£17.3k	£112k
Profit (best available)	£17.3k	£112k
Staff costs	—	£11.9m
Employees (average)	427	238
Ratios
Profit margin	0.1%	0.9%
Gross margin	2.9%	0.9%
Revenue per employee	£57.8k	£52.2k
Profit per employee	£40	£470
Growth (year on year)
Revenue growth	—	▼49.7%
Profit growth	—	▲547.6%
Headcount growth	—	▼44.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£10m	£3.4m
Net assets	£305k	£167k
Current assets	£10.3m	£3.4m
Debtors	£0	£41.1k
Deferred income	£540k	£475k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: 0.9%; Profit ÷ revenue.
Gross margin: 0.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £52.2k; Revenue ÷ average employees.
Profit per employee: £470; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.3%; 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: ▼45%; Now £167k
Cash at bank: ▼67%; Now £3.4m
Headcount: ▼44%; Now 238
Deferred income: ▼12%; Now £475k
Fixed assets: —; Now —

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

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2023 (profit £112k), from the Companies House accounts bulk data published Feb 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.