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Company No. 11962171 · Incorporated 25 Apr 2019

Gibbins Richards Estate Agents Limited

Registered name: GIBBINS RICHARDS ESTATE AGENTS LIMITED

Part of GMG Somerset Limited group

Gibbins Richards Estate Agents Limited made £1.3m revenue and £160k profit in the year to 31 Mar 2026.

Gibbins Richards Estate Agents Limited’s revenue grew 4% to £1.3m in the year to 31 Mar 2026, with £160k profit and 26 employees. The company is classified under “real estate agencies” and is based in Taunton; we hold 5 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68310Real estate agencies
Status
Active
Location
Taunton, South West
Age
7 yrs · since 2019
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2026

Key figures

Capital-lightDoing more with less
Revenue
£1.3m
Growth ▲4%
Profit
£160k
Growth ▼13.8%
Profit margin
12%
Gross 99.8%
Employees
26
Change ▼7.1%
Profit / employee
£6.1k
Revenue/employee £51.1k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 202531 Mar 2026
DisclosureNo P&LNo P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)——£1.2m£1.3m£1.3m
Cost of sales——£1.1k£5.4k£2.1k
Gross profit——£1.2m£1.3m£1.3m
Operating profit——£266k£256k£221k
Profit before tax——£258k£250k£216k
Profit after tax——£195k£185k£160k
Profit (best available)——£195k£185k£160k
Employees (average)3329272826
Ratios
Profit margin——16.9%14.5%12%
Gross margin——99.9%99.6%99.8%
Revenue per employee——£42.7k£45.7k£51.1k
Profit per employee——£7.2k£6.6k£6.1k
Growth (year on year)
Revenue growth———▲10.9%▲4%
Profit growth———▼4.9%▼13.8%
Headcount growth—▼12.1%▼6.9%▲3.7%▼7.1%
Balance sheet — indirect signals, not revenue
Cash at bank£294k£166k£120k£68.7k£36.6k
Net assets£526k£721k£835k£933k£1m
Fixed assets£6.7k£5.3k£3.7k£5.3k£7.1k
Current assets£843k£997k£1.1m£1.2m£1.3m
Debtors£549k£831k£999k£1.2m£1.3m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Oct 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
12%
Profit ÷ revenue.
Gross margin
99.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£51.1k
Revenue ÷ average employees.
Profit per employee
£6.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
94.9%
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
▲9%
Now £1m
Cash at bank
▼47%
Now £36.6k
Headcount
▼7%
Now 26
Deferred income
—
Now —
Fixed assets
▲33%
Now £7.1k
Corporate ownership

Group structure

Ownership chain

  1. GMG Somerset Limitedultimate parent75–100%
  2. Gibbins Richards Estate Agents Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £160k), from the Companies House accounts bulk data published Sep 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.