Gilson Gray LLP
Registered name: GILSON GRAY LLP
Gilson Gray LLP made £38.7m revenue and £6.5m profit in the year to 30 Apr 2025.
Gilson Gray LLP’s revenue grew 21% to £38.7m in the year to 30 Apr 2025, with £6.5m profit. The company is based in Edinburgh; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Edinburgh, Scotland
- Age
- 12 yrs · since 2014
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. 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 | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £22.4m | £32m | £38.7m |
| Cost of sales | — | −£2.5m | −£5.6m | −£7.3m |
| Gross profit | — | £20m | £26.4m | £31.4m |
| Operating profit | — | £4.4m | £6m | £6.9m |
| Profit before tax | — | £4.3m | £5.7m | £6.6m |
| Profit after tax | £4.7m | £4.3m | £5.6m | £6.5m |
| Profit (best available) | £4.7m | £4.3m | £5.6m | £6.5m |
| Employees (average) | 131 | 151 | — | — |
| Ratios | ||||
| Profit margin | — | 19.4% | 17.4% | 16.8% |
| Gross margin | — | 88.9% | 82.6% | 81.1% |
| Revenue per employee | — | £149k | — | — |
| Profit per employee | £35.7k | £28.8k | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲42.8% | ▲21% |
| Profit growth | — | ▼7% | ▲28% | ▲16.7% |
| Headcount growth | — | ▲15.3% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4m | £2m | — | — |
| Net assets | £7m | £6.1m | — | — |
| Fixed assets | £1.1m | £1.5m | — | — |
| Current assets | £11.9m | £12.6m | — | — |
| Debtors | £3.2m | £3.8m | — | — |
| Deferred income | £353k | £331k | — | — |
| Source | Accounts · bulk data Jun 2024 | Accounts · bulk data Jun 2024 | Accounts · bulk data May 2025 | Accounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 16.8%
- Profit ÷ revenue.
- Gross margin
- 81.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- 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.
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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (4)
- Gilson Gray (England) LimitedRev. £9.1m · Profit −£503k
- Gilson Gray Financial LimitedFigures not disclosed
- Gilson Gray Nominees LimitedFigures not disclosed
- Wyllie & Henderson Trustees LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Apr 2025 (profit £6.5m), from the Companies House accounts bulk data published Feb 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.