GHSL Ltd
Registered name: GHSL LTD
GHSL Ltd made £29m revenue and £727k profit in the year to 31 Mar 2025.
GHSL Ltd’s revenue grew 19% to £29m in the year to 31 Mar 2025, with £727k profit and 5 employees. The company is classified under “retail sale in non-specialised stores with food, beverages or tobacco predominating” and is based in Paisley; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Paisley, Scotland
- Age
- 15 yrs · since 2011
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £25m | £25.1m | £24.4m | £29m |
| Cost of sales | £16.6m | £17.4m | £16.6m | £19.4m |
| Gross profit | £8.3m | £7.8m | £7.8m | £9.6m |
| Operating profit | £1.1m | £1.6m | £1.4m | £1.9m |
| Profit before tax | £843k | £1.3m | £866k | £1.4m |
| Profit after tax | £664k | £1m | £642k | £727k |
| Profit (best available) | £664k | £1m | £642k | £727k |
| Staff costs | £87k | £113k | £63.6k | £69k |
| Employees (average) | 6 | 6 | 6 | 5 |
| Ratios | ||||
| Profit margin | 2.7% | 4.1% | 2.6% | 2.5% |
| Gross margin | 33.4% | 30.9% | 32% | 33.1% |
| Revenue per employee | £4.2m | £4.2m | £4.1m | £5.8m |
| Profit per employee | £111k | £173k | £107k | £145k |
| Cash conversion | −83.5% | −161% | −133.1% | −143.8% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲0.5% | ▼2.9% | ▲19.1% |
| Profit growth | — | ▲56.4% | ▼38.2% | ▲13.4% |
| Headcount growth | — | 0% | 0% | ▼16.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £329k | £54.3k | £189k | £427k |
| Net assets | £5.2m | £6.2m | £6.6m | £7.3m |
| Fixed assets | £10.4m | £11.7m | £11.7m | £12.9m |
| Current assets | £3.8m | £3.2m | £3.1m | £3.2m |
| Debtors | £515k | £390k | £497k | £299k |
| Deferred income | £24.5k | £42.3k | — | — |
| Cash from operations | −£890k | −£2.6m | −£1.9m | −£2.7m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 2.5%
- Profit ÷ revenue.
- Gross margin
- 33.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £5.8m
- Revenue ÷ average employees.
- Profit per employee
- £145k
- Profit ÷ average employees.
- Cash conversion
- −143.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 44.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1%
- 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
- ▲9%
- Now £7.3m
- Cash at bank
- ▲126%
- Now £427k
- Headcount
- ▼17%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- ▲10%
- Now £12.9m
Group structure
Subsidiaries (2)
- GHSL Forecourts LimitedFigures not disclosed
- GHSL Online Retail LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £727k), 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.