GLEEDS INTERNATIONAL LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

• ◆

  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

• Turnover

  -28.6%

  £30,119,000 → £21,518,000

• Cash

  -61.8%

  £4,083,000 → £1,558,000

• Net assets

  -28.6%

  £2,996,000 → £2,138,000

• Employees

  +133.3%

  24 → 56

• Operating profit

  -113.3%

  £4,214,000 → -£560,000

• Profit before tax

  -117.2%

  £4,211,000 → -£726,000

• Wages

  +150.5%

  £2,190,000 → £5,487,000

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

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.

1. GLEEDS INTERNATIONAL LIMITED 2007-08-16 → present
2. PROUDHOLD LIMITED 2007-04-16 → 2007-08-16

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Gerald Edelman LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Management has assessed whether the Gleeds International Group and the company is a going concern. As the company is part of the Gleeds group of companies, management has considered the overall Gleeds Group's performance in making its assessment of the going concern assumption. The Director's have assessed the Group's financial position as part of the Group's refinancing and are confident the Group can support the company's financial position for a period of at least twelve months from the signing date of the financial statements. Despite recent increases in inflation and the cost of living, and even in the event of a significant downturn in trading revenue, the Group and the Company will continue to be able to meet its liabilities as they fall due and remain within its banking covenants. As such the directors have concluded that no material uncertainty exists in relation to going concern and are satisfied that the company has adequate resources to continue to operate for the foreseeable future. The Group and the Company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. GLEEDS INTERNATIONAL LIMITED · parent
   1. Gleeds del Peru S.A.C 99.8% · Peru
   2. Gleeds (QFC) LLC 100% · Qatar
   3. Gleeds Consultancy Services WLL 49% · Qatar
   4. Gleeds Construction Management Services SRL 52% · Romania

Significant events

• “On 24 December 2024 the Gleeds (Head Office) partnership was merged with the Gleeds UK partnership. On 1 January 2025 the trade and assets of Gleeds UK was transferred to Gleeds LLP, including the ownership of Gleeds International Holdings Limited, the owner of Gleeds International Limited.”

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

0

last 24 months

Officers appointed

1

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.