How much does Alter GM Ltd make?

Alter GM Ltd reported revenue of £250k and a loss of £53 in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does Alter GM Ltd have?

Alter GM Ltd reported an average of 2 employees in the year to 31 Jan 2025.

Is Alter GM Ltd profitable?

No — Alter GM Ltd reported a loss of £53 in the year to 31 Jan 2025.

Company No. 11794055 · Incorporated 29 Jan 2019

Alter GM Ltd

Registered name: ALTER GM LTD

Alter GM Ltd made £250k revenue and a £53 loss in the year to 31 Jan 2025.

Alter GM Ltd’s revenue fell 77% to £250k in the year to 31 Jan 2025, with a loss of £53 and 2 employees. The company is classified under “electrical installation” and is based in Nottingham; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation SIC 46342Wholesale of wine, beer, spirits and other alcoholic beverages SIC 47910Retail sale via mail order houses or via Internet SIC 82110Combined office administrative service activities

Status: Active
Location: Nottingham, East Midlands
Age: 7 yrs · since 2019
Type: Private Limited Company

Latest accounts · year to 31 Jan 2025

Key figures

IndependentSmall teamCapital-lightBoring industry

Revenue

£250k

Growth ▼76.6%

Profit

−£53

Growth ▼208.2%

Profit margin

Employees

Change 0%

Profit / employee

−£26

Revenue/employee £125k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023	31 Jan 2024	31 Jan 2025
Disclosure	Profit only	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£1.1m	£250k
Gross profit	£85.2k	£168k	—	—
Operating profit	£2.3k	£240	—	—
Profit before tax	£2.3k	£240	—	—
Profit after tax	£1.9k	£240	£49	−£53
Profit (best available)	£1.9k	£240	£49	−£53
Staff costs	—	—	£345	£6k
Employees (average)	2	2	2	2
Ratios
Profit margin	—	—	0%	0%
Revenue per employee	—	—	£533k	£125k
Profit per employee	£934	£120	£24	−£26
Growth (year on year)
Revenue growth	—	—	—	▼76.6%
Profit growth	—	▼87.2%	▼79.6%	▼208.2%
Headcount growth	—	0%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£10.1k	£3.4k	£7.1k	—
Net assets	£3.7k	£2.3k	£122k	£38.8k
Fixed assets	£5.8k	£6.3k	£5.5k	£5.5k
Current assets	£229k	£308k	£1.4m	£682k
Debtors	£170k	£275k	£1.1m	—
Source	AbridgedAccounts · bulk data Oct 2023	AbridgedAccounts · bulk data Oct 2023	AbridgedAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £125k; Revenue ÷ average employees.
Profit per employee: −£26; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▼68%; Now £38.8k
Cash at bank: —; Now —
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: 0%; Now £5.5k

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 Jan 2025 (profit −£53), from the Companies House accounts bulk data published Oct 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.