GM Developments (Construction) Limited
Registered name: GM DEVELOPMENTS (CONSTRUCTION) LIMITED
GM Developments (Construction) Limited made £13.7m revenue and £297k profit in the year to 31 Mar 2025. read from filing text
GM Developments (Construction) Limited’s revenue grew 35% to £13.7m in the year to 31 Mar 2025, with £297k profit and 8 employees. The company is classified under “construction of commercial buildings” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2020
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £9.5m | £5.8m | £10.1m | £13.7m |
| Cost of sales | £8.7m | £5m | £9.2m | £12.9m |
| Gross profit | £738k | £809k | £923k | £806k |
| Operating profit | £170k | £275k | £528k | £334k |
| Profit before tax | £170k | £281k | £565k | £397k |
| Profit after tax | £138k | £231k | £418k | £297k |
| Profit (best available) | £138k | £231k | £418k | £297k |
| Employees (average) | 11 | 9 | 8 | 8 |
| Ratios | ||||
| Profit margin | 1.5% | 4% | 4.1% | 2.2% |
| Gross margin | 7.8% | 14% | 9.1% | 5.9% |
| Revenue per employee | £860k | £643k | £1.3m | £1.7m |
| Profit per employee | £12.5k | £25.7k | £52.3k | £37.1k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼38.8% | ▲75.3% | ▲35.4% |
| Profit growth | — | ▲67.9% | ▲81.1% | ▼28.9% |
| Headcount growth | — | ▼18.2% | ▼11.1% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.2m | £1.3m | £1.5m | £1.8m |
| Net assets | £338k | £569k | £885k | £1.2m |
| Fixed assets | £20.5k | £78.5k | £62.8k | £48k |
| Current assets | £2.3m | £1.8m | £2m | £2.6m |
| Debtors | £504k | £103k | £66k | £375k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 2.2%
- Profit ÷ revenue.
- Gross margin
- 5.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.7m
- Revenue ÷ average employees.
- Profit per employee
- £37.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.7%
- Money owed by customers. Low = customers pay quickly.
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
- ▲34%
- Now £1.2m
- Cash at bank
- ▲22%
- Now £1.8m
- Headcount
- 0%
- Now 8
- Deferred income
- —
- Now —
- Fixed assets
- ▼24%
- Now £48k
Similar profitable businesses
- Portable Venues (Group) LimitedTamworth · Construction of commercial buildings
- Revenue
- £13.7m
- Profit
- £1.8m
- Staff
- 48
- Storm Building LimitedTwickenham · Construction of commercial buildings
- Revenue
- £13.5m
- Profit
- £696k
- Staff
- 28
- Atkinson Building Contractors LimitedPenrith · Construction of commercial buildings
- Revenue
- £14m
- Profit
- £297k
- Staff
- 90
- Pma (Services) LimitedFareham · Construction of commercial buildings
- Revenue
- £14m
- Profit
- £979k
- Staff
- 12
- Hantall Developments LimitedManchester Road · Construction of commercial buildings
- Revenue
- £14m
- Profit
- £598k
- Staff
- 14
- Cara Brickwork LimitedManchester · Construction of commercial buildings
- Revenue
- £14.1m
- Profit
- £1.1m
- Staff
- 51
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £297k), from the Companies House accounts bulk data published Nov 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.