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Company No. 12395729 · Incorporated 9 Jan 2020

Gwella Contracting Services Ltd

Registered name: GWELLA CONTRACTING SERVICES LTD

Part of Virtue Holdings (SW) Trustees Limited group

Gwella Contracting Services Ltd made £17.1m revenue and £1.2m profit in the year to 31 Mar 2025.

Gwella Contracting Services Ltd’s revenue grew 22% to £17.1m in the year to 31 Mar 2025, with £1.2m profit and 130 employees. The company is classified under “remediation activities and other waste management services” and is based in Redruth; we hold 4 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 39000Remediation activities and other waste management servicesSIC 43999Other specialised construction activities n.e.c.
Status
Active
Location
Redruth, South West
Age
6 yrs · since 2020
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 2025

Key figures

Capital-lightOperating leverageBoring industry
Revenue
£17.1m
Growth ▲21.5%
Profit
£1.2m
Growth ▲30.2%
Profit margin
6.8%
Gross 40.6%
Employees
130
Change ▲19.3%
Profit / employee
£8.9k
Revenue/employee £131k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureNo P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£10.6m£14m£17.1m
Cost of sales—£5.8m£8.3m£10.1m
Gross profit—£4.7m£5.7m£6.9m
Operating profit—£1.5m£1.3m£1.6m
Profit before tax—£1.4m£1.2m£1.6m
Profit after tax—£1.1m£888k£1.2m
Profit (best available)—£1.1m£888k£1.2m
Staff costs—£4.3m£5.4m£6.7m
Employees (average)8383109130
Ratios
Profit margin—10.4%6.3%6.8%
Gross margin—44.8%40.9%40.6%
Revenue per employee—£127k£129k£131k
Profit per employee—£13.3k£8.2k£8.9k
Growth (year on year)
Revenue growth——▲32.7%▲21.5%
Profit growth——▼19.7%▲30.2%
Headcount growth—0%▲31.3%▲19.3%
Balance sheet — indirect signals, not revenue
Cash at bank£1m£902k£1.1m£1.2m
Net assets£1.8m£2.9m£3.8m£3.1m
Fixed assets£586k£721k£1.1m£1.5m
Current assets£2.6m£4m£5m£4.6m
Debtors£1.5m£2.5m£2.2m£2.7m
Deferred income—£21.1k£7.1k—
SourceFilletedAccounts · bulk data Jan 2024FilletedAccounts · bulk data Jan 2024FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
6.8%
Profit ÷ revenue.
Gross margin
40.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£131k
Revenue ÷ average employees.
Profit per employee
£8.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
8.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
15.7%
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
▼16%
Now £3.1m
Cash at bank
▲11%
Now £1.2m
Headcount
▲19%
Now 130
Deferred income
—
Now —
Fixed assets
▲38%
Now £1.5m
Corporate ownership

Group structure

Ownership chain

  1. Virtue Holdings (SW) Trustees Limitedultimate parent75–100%
  2. Virtue Holdings (SW) Ltd75–100%
  3. Gwella Contracting Services Ltdthis company

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

Sister companies (1)

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

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 Mar 2025 (profit £1.2m), from the Companies House accounts bulk data published Dec 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.