How much does Gaeltec Utilities UK Limited make?

Gaeltec Utilities UK Limited reported revenue of £14.8m and £1.1m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Gaeltec Utilities UK Limited have?

Gaeltec Utilities UK Limited reported an average of 102 employees in the year to 31 Dec 2025.

Is Gaeltec Utilities UK Limited profitable?

Yes — Gaeltec Utilities UK Limited reported a profit of £1.1m in the year to 31 Dec 2025.

Company No. SC659125 · Incorporated 14 Apr 2020

Gaeltec Utilities UK Limited

Registered name: GAELTEC UTILITIES UK LIMITED

Gaeltec Utilities UK Limited made £14.8m revenue and £1.1m profit in the year to 31 Dec 2025.

Gaeltec Utilities UK Limited’s revenue grew 35% to £14.8m in the year to 31 Dec 2025, with £1.1m profit and 102 employees. The company is classified under “construction of utility projects for electricity and telecommunications” and is based in Irvine; we hold 5 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42220Construction of utility projects for electricity and telecommunications

Status: Active
Location: Irvine, Scotland
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

Independent

Revenue

£14.8m

Growth ▲35.5%

Profit

£1.1m

Growth ▲9.1%

Profit margin

7.3%

Gross 23.3%

Employees

102

Change ▲34.2%

Profit / employee

£10.6k

Revenue/employee £145k

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.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£8.5m	£6.4m	£8.8m	£10.9m	£14.8m
Cost of sales	£8.2m	£5m	£6.8m	£8.4m	£11.3m
Gross profit	£319k	£1.5m	£2m	£2.5m	£3.4m
Operating profit	−£363k	£622k	£1.2m	£1.3m	£1.5m
Profit before tax	−£365k	£615k	£1.2m	£1.3m	£1.4m
Profit after tax	−£365k	£615k	£949k	£989k	£1.1m
Profit (best available)	−£365k	£615k	£949k	£989k	£1.1m
Employees (average)	50	60	67	76	102
Ratios
Profit margin	−4.3%	9.6%	10.8%	9.1%	7.3%
Gross margin	3.8%	22.8%	22.4%	23.1%	23.3%
Revenue per employee	£170k	£107k	£132k	£143k	£145k
Profit per employee	−£7.3k	£10.2k	£14.2k	£13k	£10.6k
Growth (year on year)
Revenue growth	—	▼24.3%	▲37.1%	▲23.6%	▲35.5%
Profit growth	—	—	▲54.4%	▲4.2%	▲9.1%
Headcount growth	—	▲20%	▲11.7%	▲13.4%	▲34.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£148k	£617k	£207k	£524k	£530k
Net assets	−£234k	£381k	£1.3m	£2.2m	£2.4m
Fixed assets	£76.3k	£73.9k	£178k	£1.3m	£1.9m
Current assets	£1.7m	£2.7m	£5.2m	£5.1m	£5.2m
Debtors	£403k	£1m	£3.8m	£1.2m	£1.6m
Deferred income	£380k	£158k	£300k	£438k	£251k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	AbridgedAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 7.3%; Profit ÷ revenue.
Gross margin: 23.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £145k; Revenue ÷ average employees.
Profit per employee: £10.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.9%; 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: ▲10%; Now £2.4m
Cash at bank: ▲1%; Now £530k
Headcount: ▲34%; Now 102
Deferred income: ▼43%; Now £251k
Fixed assets: ▲42%; Now £1.9m

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

Minority corporate shareholders

Telcabo Telecomunicacoes E Electricidade Sa (registered outside the UK register)

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 Dec 2025 (profit £1.1m), from the Companies House accounts bulk data published Aug 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.