How much does GFSL Ltd make?

GFSL Ltd reported revenue of £693k and a loss of £224k in the year to 30 Nov 2025, according to its accounts filed at Companies House.

How many employees does GFSL Ltd have?

GFSL Ltd reported an average of 2 employees in the year to 30 Nov 2025.

Is GFSL Ltd profitable?

No — GFSL Ltd reported a loss of £224k in the year to 30 Nov 2025.

Company No. 13738650 · Incorporated 11 Nov 2021

GFSL Ltd

Registered name: GFSL LTD

GFSL Ltd made £693k revenue and a £224k loss in the year to 30 Nov 2025.

GFSL Ltd’s revenue grew 159% to £693k in the year to 30 Nov 2025, with a loss of £224k and 2 employees. The company is classified under “freight transport by road” and is based in Lincoln; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road SIC 53202Unlicensed carrier

Status: Active
Location: Lincoln, East Midlands
Age: 4 yrs · since 2021
Type: Private Limited Company

Latest accounts · year to 30 Nov 2025

Key figures

IndependentSmall teamCapital-lightBoring industry

Revenue

£693k

Growth ▲159.4%

Profit

−£224k

Growth —

Profit margin

−32.4%

Gross 100%

Employees

Change —

Profit / employee

−£112k

Revenue/employee £346k

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	30 Nov 2022	30 Nov 2023	30 Nov 2024	30 Nov 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£276k	£267k	£693k
Gross profit	—	£276k	£267k	£693k
Operating profit	—	−£91.4k	£12.4k	−£220k
Profit before tax	—	−£96.5k	−£27.6k	−£224k
Profit after tax	—	−£96.5k	−£27.6k	−£224k
Profit (best available)	—	−£96.5k	−£27.6k	−£224k
Employees (average)	0	-2	-2	2
Ratios
Profit margin	—	−35%	−10.3%	−32.4%
Gross margin	—	100%	100%	100%
Revenue per employee	—	−£138k	−£134k	£346k
Profit per employee	—	£48.3k	£13.8k	−£112k
Growth (year on year)
Revenue growth	—	—	▼3.2%	▲159.4%
Balance sheet — indirect signals, not revenue
Net assets	−£1.7k	£26.2k	−£92.6k	−£317k
Fixed assets	−£1k	£35.2k	£18.9k	£14.6k
Debtors	—	£1.9k	£46.2k	—
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −32.4%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £346k; Revenue ÷ average employees.
Profit per employee: −£112k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.1%; 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: —; Now −£317k
Cash at bank: —; Now —
Headcount: —; Now 2
Deferred income: —; Now —
Fixed assets: ▼23%; Now £14.6k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit −£224k), 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.