GEM ENVIRONMENTAL BUILDING SERVICES LIMITED

1. GEM ENVIRONMENTAL BUILDING SERVICES LIMITED 2006-06-26 → present
2. P & S PLUMBING LIMITED 1999-12-13 → 2006-06-26

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Brebners

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. The company made a profit for the year ended 30 June 2025 of £1,649,328 but had net liabilities at that date of £984,048. At that date, an amount of £1,895,320 was due to companies under the common control of a director. These companies have confirmed they will not call for repayment until such time as the company has sufficient working capital to meet its future obligations. The company has prepared financial forecasts, including detailed cashflow projections extending until the end of June 2026. Based on these forecasts the directors anticipate that the company will consistently generate positive cash flows from its operations and maintain sufficient financial resources to meet its obligations as they fall due for a period of at least 12 months from the date of approval of these financial statements. On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Successful deployment of IOT solutions into Local Authority dwellings enabling customers to measure energy consumption, light levels, ventilation, and mould risks, with this roll-out continuing post period end.”
• “Growing pipeline with a committed pipeline from Local Authorities of circa £40mn of project works and heat metering and billing works over the next 2 year period.”
• “Many further consultancy service agreements are in place with Local Authorities to meet the requirements of the Energy Act.”
• “Continued use of the innovative Agility Software by Westminster City Council. During the year we have also had Agility trials with Local Authorities including both Royal Borough of Kensington and Chelsea and Lambeth.”
• “Significantly improved financial performance in the period with a Normalised EBITDA for the year of £2.4mn.”
• “Strengthening of the management team to ensure that GEM is ideally positioned to capitalise on the opportunities available over the next financial periods and that turnover growth is sustainable and increasingly profitable.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

2

last 24 months

Officers appointed

4

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +6.7%

  £26,985,066 → £28,792,335

• Cash

  +1,352.2%

  £64,869 → £942,013

• Net assets

  +63.3%

  -£2,683,373 → -£984,048

• Employees

  -0.7%

  141 → 140

• Profit before tax

  +136%

  -£3,292,504 → £1,184,592

• Wages

  -18.9%

  £8,283,389 → £6,717,910

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers