GLEEDS COST MANAGEMENT LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Directors' 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 financial statements are authorised for issue.”

Significant events

• “On 1st January 2025 Gleeds Cost Management Limited acquired from Gleeds LLP the shares of the following companies: Gleeds Health and Safety Ltd, Gleeds Management Services Ltd, Gleeds Advisory Ltd, Gleeds Energy Ltd, Gleeds Building Surveying Ltd, Gleeds Technology Limited, Gleeds Employment Services (Bristol), Gleeds Employment Services (London), Gleeds Employment Services (Nottingham). On the same date, the trade and assets of the above companies were transferred to Gleeds Cost Management Limited.”
• “On 1 January 2025, Gleeds Cost Management Limited acquired from Gleeds UK Limited its investment in Gleeds Corporate Services Ltd, at book value, for a cash consideration of £1.”
• “During the year a dividend of £nil (2023: £nil) was paid. The directors do not recommend the payment of a final dividend (2023: £nil).”
• “At the year end net assets have increased to £ 10,082,374 (2023: £7,593,115). Cash is pooled among several of the Gleeds 'group' of companies and is managed as an overall 'group'.”
• “For the year ended 31 December 2024, revenue increased by 26% (2023: 11%) to £108,077,788 (2023: £86,075,135).”
• “Operating profit for the year was £3,785,962 (2023: £2,658,910), generating an operating margin of 4% (2023: 3%).”

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

Filings

7

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +25.6%

  £86,075,135 → £108,077,788

• Cash

  —

  Not reported

• Net assets

  +32.8%

  £7,593,115 → £10,082,374

• Employees

  —

  Not reported

• Operating profit

  +42.4%

  £2,658,910 → £3,785,962

• Profit before tax

  +35.7%

  £2,536,919 → £3,443,620

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers