GEMCO UK LIMITED
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Cash
£15k
-91% vs 2024
Net assets
£6.1m
+15.8% vs 2024
Employees
258
-9.5% vs 2024
Profit before tax
£1.2m
-19.5% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £25,581,503 | £27,845,675 | £30,015,711 | £36,660,443 | £41,266,392 | +12.6% | |
| Operating profit | £793,881 | £824,281 | £1,037,707 | £1,627,467 | £1,434,762 | -11.8% | |
| Profit before tax | £2,046,622 | £748,276 | £848,403 | £1,450,854 | £1,168,538 | -19.5% | |
| Net profit | £2,063,589 | £692,084 | £656,173 | £1,010,713 | £841,941 | -16.7% | |
| Cash | £85,459 | £3,594 | £22,262 | £164,084 | £14,772 | -91% | |
| Total assets less current liabilities | £7,406,736 | £8,030,969 | £8,742,002 | £5,488,461 | £6,321,040 | +15.2% | |
| Net assets | £6,814,517 | £7,834,351 | £8,423,170 | £5,297,868 | £6,132,309 | +15.8% | |
| Equity | £6,814,517 | £7,834,351 | £8,423,170 | £5,297,868 | £6,132,309 | +15.8% | |
| Average employees | 193 | 198 | 206 | 285 | 258 | -9.5% | |
| Wages | £5,807,694 | £6,362,064 | £6,783,828 | £8,660,692 | £9,583,634 | +10.7% | |
| Directors' remuneration | £130,000 | £117,430 | £143,783 | £137,799 | £158,783 | +15.2% | |
| Directors' pension contributions | — | — | £7,800 | £7,800 | £8,210 | +5.3% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | 3.1% | 3.0% | 3.5% | 4.4% | 3.5% | |
| Net margin | 8.1% | 2.5% | 2.2% | 2.8% | 2.0% | |
| Return on capital employed | 10.7% | 10.3% | 11.9% | 29.7% | 22.7% | |
| Gearing (liabilities / total assets) | 59.3% | 52.2% | 50.0% | 72.5% | 67.6% | |
| Current ratio | — | — | 1.96x | 1.20x | 1.29x | |
| Interest cover | 16.41x | 7.55x | 3.97x | 4.92x | 5.39x |
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.
Name history
Renamed 5 times since incorporation
- GEMCO UK LIMITED 2021-10-26 → present
- GEMCO SERVICE LIMITED 2010-06-16 → 2021-10-26
- MSI (MAINTENANCE, SERVICE, INSTALLATION) LIMITED 2003-09-16 → 2010-06-16
- GEMCO TRANSERVICE LIMITED 2002-12-09 → 2003-09-16
- TRANSERVICE LIMITED 1998-04-29 → 2002-12-09
- BROOMCO (1478) LIMITED 1998-02-20 → 1998-04-29
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Therefore, the directors believe that it is appropriate to prepare the financial statements on a going concern basis.”
Group structure
- GEMCO UK LIMITED · parent
- Tecalemit Workshop Equipment Limited 100%
Significant events
- “During 2025 the trade and assets of Tecalemit Workshop Equipment Limited were transferred to Gemco UK Limited, and this process of winding down Tecalemit Workshop Equipment Limited continues in 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LEWIS, Graham | Secretary | 2022-10-03 | — | — |
| BERGAMINI, Michele | Director | 2025-12-17 | Feb 1973 | Italian |
| MORRALL, Wayne | Director | 2023-07-03 | Mar 1970 | British |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARTON, Clive Stuart | Secretary | 2008-07-01 | 2013-07-12 |
| DUCKWORTH, Simon Charles | Secretary | 1998-03-25 | 1999-03-19 |
| ELWIN, Hazel Denise | Secretary | 2004-12-14 | 2008-07-01 |
| KINLEY, Alex | Secretary | 2018-04-01 | 2022-10-03 |
| MATTINSON, Neil | Secretary | 1999-03-19 | 2003-08-04 |
| SAVANI, Vimal Kumar | Secretary | 2013-07-12 | 2018-03-31 |
| SMITH, Philipa Jane | Secretary | 2003-08-04 | 2004-12-15 |
| DLA SECRETARIAL SERVICES LIMITED | Corporate Nominee Secretary | 1998-02-20 | 1998-03-25 |
| BAXTER, Alan John | Director | 1998-03-25 | 1999-03-19 |
| BJERG, Troels | Director | 2007-01-01 | 2008-10-29 |
| DUCKWORTH, Simon Charles | Director | 1998-11-20 | 1999-03-19 |
| IACCHETTI, Andrea | Director | 2019-05-01 | 2023-07-03 |
| KAES, Philip Ghislaine Charles | Director | 2000-05-24 | 2000-10-17 |
| KIDD, Brian Addison | Director | 2007-05-01 | 2010-01-18 |
| KREMER, Dietmar | Director | 1999-01-04 | 2000-10-17 |
| LANGEVIN, David | Director | 1998-12-07 | 2000-05-24 |
| LAWRENCE, Peter Charles | Director | 2000-10-17 | 2001-04-04 |
| LETH, Kenneth | Director | 2002-09-12 | 2008-06-02 |
| MADSEN, Soren Leon Dyoe | Director | 2015-09-03 | 2019-09-30 |
| MATTINSON, Neil | Director | 1998-12-07 | 2003-08-04 |
| MCKENNA, Terrence Patrick | Director | 1998-12-07 | 2000-08-31 |
| NEILSEN, Leif | Director | 2008-11-07 | 2016-10-04 |
| NIELSEN, Leif Dyoe | Director | 2002-09-12 | 2007-01-18 |
| REDMAN, Steven | Director | 2003-06-25 | 2006-11-30 |
| RUTH , JR, John G | Director | 2000-05-24 | 2000-10-17 |
| SMITH, Jonathan Francis | Director | 2000-10-17 | 2001-04-04 |
| SMITH, Terence | Director | 1998-03-25 | 1998-11-20 |
| SPIRITELLI, Claudio | Director | 2019-09-30 | 2025-12-17 |
| THOMAS, Wayne | Director | 2010-01-18 | 2019-04-25 |
| TOLAND, Peter, Mrp | Director | 1998-12-07 | 2003-05-19 |
| WILSON, Paul | Director | 2007-05-01 | 2008-05-01 |
| DLA NOMINEES LIMITED | Corporate Nominee Director | 1998-02-20 | 1998-03-25 |
| DLA SECRETARIAL SERVICES LIMITED | Corporate Nominee Director | 1998-02-20 | 1998-03-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Nexion Northern Europe A/S | Corporate entity | Shares 75–100% | 2026-01-01 | Ceased 2026-09-03 |
| Nexion Northern Europe A/S | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-05-31 | Ceased 2026-01-01 |
| Nexion S.P.A | Corporate entity | Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors (as firm) | 2021-05-31 | Ceased 2021-05-31 |
| Gemco Corporate Management Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2021-05-31 |
Filing timeline
Last 20 of 186 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type group | |
| 2026-09-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-09-03 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2026-09-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-06-29 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-06-29 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-10 | AA | accounts | Accounts with accounts type full | |
| 2024-09-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-12 | AA | accounts | Accounts with accounts type full | |
| 2023-09-29 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-09-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-11 | AA | accounts | Accounts with accounts type full | |
| 2023-07-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-02-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-12-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.