How much does GSMT Ltd make?

GSMT Ltd reported revenue of £74m and £1.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does GSMT Ltd have?

GSMT Ltd reported an average of 11 employees in the year to 31 Mar 2025.

Is GSMT Ltd profitable?

Yes — GSMT Ltd reported a profit of £1.2m in the year to 31 Mar 2025.

Company No. 12400784 · Incorporated 13 Jan 2020

GSMT Ltd

Registered name: GSMT LTD

Part of GSMT Holdings Limited group

GSMT Ltd made £74m revenue and £1.2m profit in the year to 31 Mar 2025.

GSMT Ltd’s revenue grew 22% to £74m in the year to 31 Mar 2025, with £1.2m profit and 11 employees. The company is classified under “wholesale of waste and scrap” and is based in March; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46770Wholesale of waste and scrap

Status: Active
Location: March, East of England
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-light

Revenue

£74m

Growth ▲21.8%

Profit

£1.2m

Growth ▼24.8%

Profit margin

1.7%

Gross 4%

Employees

Change ▲10%

Profit / employee

£111k

Revenue/employee £6.7m

Profitable streak

4yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£61.4m	£63m	£60.7m	£74m
Cost of sales	£58.1m	£59.7m	£57.3m	£71m
Gross profit	£3.4m	£3.4m	£3.5m	£3m
Operating profit	£2.8m	£2.6m	£2.1m	£1.6m
Profit before tax	£2.8m	£2.6m	£2.2m	£1.6m
Profit after tax	£2.3m	£2.1m	£1.6m	£1.2m
Profit (best available)	£2.3m	£2.1m	£1.6m	£1.2m
Staff costs	£347k	£485k	£550k	£537k
Employees (average)	8	11	10	11
Ratios
Profit margin	3.7%	3.3%	2.7%	1.7%
Gross margin	5.5%	5.3%	5.7%	4%
Revenue per employee	£7.7m	£5.7m	£6.1m	£6.7m
Profit per employee	£283k	£189k	£162k	£111k
Growth (year on year)
Revenue growth	—	▲2.6%	▼3.6%	▲21.8%
Profit growth	—	▼8.3%	▼21.9%	▼24.8%
Headcount growth	—	▲37.5%	▼9.1%	▲10%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.2m	£2.6m	£4.5m	£1.7m
Net assets	£3.6m	£5.1m	£5.7m	£3.3m
Fixed assets	£163k	£160k	£470k	£350k
Current assets	£8.6m	£7.3m	£8.9m	£7.4m
Debtors	£3.8m	£2.5m	£1.8m	£3.3m
Deferred income	£361k	£303k	£230k	£984k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £6.7m; Revenue ÷ average employees.
Profit per employee: £111k; 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: 1.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.5%; 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: ▼42%; Now £3.3m
Cash at bank: ▼63%; Now £1.7m
Headcount: ▲10%; Now 11
Deferred income: ▲328%; Now £984k
Fixed assets: ▼26%; Now £350k

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

Corporate ownership

Group structure

Ownership chain

GSMT Holdings Limitedultimate parent75–100%
GSMT Ltdthis company

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

Sister companies (3)

Gold Star Metal Traders LtdRev. £41.9m · Profit −£352k
Port Sutton Bridge LimitedRev. £807k · Profit £88.1k
GSMT Services LtdFigures not disclosed

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

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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 Jan 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.