GCU (UK) LIMITED — The Accounts

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Next accounts due

2026-07-31 (in 2mo)

Last filed for 2024-10-31

Confirmation statement due

2026-02-13

Overdue

Watchouts

1 item

Cash

£2M

-55.5% lowest in 3 filed years

Net assets

£20M

+23.5% highest in 3 filed years

Employees

-32.8% vs 2023

Profit before tax

£5M

-8.9% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Confirmation statement overdue

Due 2026-02-13.

Net assets

7-year trend · vs Industrials median

GCU (UK) LIMITED·Industrials median · n=22756

Accounts

7-year trend · latest reflected 2024-10-31

Metric	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31
Turnover	—	—	—	£37,206,705	—	£64,336,583	£42,366,827
Operating profit	—	—	—	£3,782,719	—	£5,287,151	£4,236,574
Profit before tax	—	—	—	£3,786,717	—	£5,268,959	£4,798,677
Net profit	—	—	—	£3,479,246	—	£4,375,199	£3,915,901
Cash	—	—	—	£5,292,436	—	£4,604,378	£2,048,317
Total assets less current liabilities	—	—	—	£6,815,277	—	£16,397,371	£20,874,141
Net assets	—	—	—	£5,963,590	—	£16,250,400	£20,066,301
Equity	£1,514,293	£1,874,975	£2,484,344	£5,963,590	£12,028,451	£16,250,400	£20,066,301
Average employees	—	—	—	64	—	116	78
Wages	—	—	—	£2,314,313	—	£5,351,991	£4,210,090
Directors' remuneration	—	—	—	—	—	£28,000	£15,811

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

Year-on-year

FY2023 → FY2024 · period ending 2024-10-31 vs 2023-10-31

Turnover

-34.1%

£64,336,583 £42,366,827
Cash

-55.5%

£4,604,378 £2,048,317

lowest in 3 filed years
Net assets

+23.5%

£16,250,400 £20,066,301

highest in 3 filed years
Employees

-32.8%

116 78
Operating profit

-19.9%

£5,287,151 £4,236,574
Profit before tax

-8.9%

£5,268,959 £4,798,677
Wages

-21.3%

£5,351,991 £4,210,090

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31
Operating margin	—	—	—	10.2%	—	8.2%	10.0%
Net margin	—	—	—	9.4%	—	6.8%	9.2%
Return on capital employed	—	—	—	55.5%	—	32.2%	20.3%
Current ratio	—	—	—	—	—	2.38x	2.18x
Interest cover	—	—	—	946.15x	—	210.58x	667.39x

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.

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Standalone (parent only)
Auditor: Cavanagh Kelly
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.”

Group structure

GCU (UK) LIMITED · parent
1. Gallagher Civil Engineering Ltd
2. Shoreline Utilities Ltd
3. Fibreplan Ltd

Significant events

“The company had no capital commitments at the financial year end (2023: £Nil).”
“GCU (UK) Limited are committed to the sum of £343,562 (2023: £91,373) for rent in a future period.”

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

People

1 active · 0 resigned

Name	Role	Appointed	Born	Nationality
GALLAGHER, John	Director	2013-10-18	Apr 1970	Irish

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Gallagher Properties (S) Ltd	Corporate entity	Shares 75–100%, Voting 75–100%	2024-01-18	Active
Mr John Gallagher	Individual	Shares 75–100%, Voting 75–100%	2016-04-06	Ceased 2024-01-18

Filing timeline

Last 20 of 29 total filings

Date	Type	Category	Description
2025-07-31	AA	accounts	Accounts with accounts type full	PDF
2025-01-30	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-02-19	AA	accounts	Accounts with accounts type full	PDF
2024-01-30	CS01	confirmation-statement	Confirmation statement with updates	PDF
2024-01-30	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2024-01-30	PSC02	persons-with-significant-control	Notification of a person with significant control	PDF
2023-11-24	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-07-25	AA	accounts	Accounts with accounts type full	PDF
2022-10-31	AA	accounts	Accounts with accounts type small	PDF
2022-10-19	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-10-20	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-03-01	AA	accounts	Accounts with accounts type total exemption full	PDF
2020-10-23	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2020-07-09	AAMD	accounts	Accounts amended with made up date
2020-06-25	AA	accounts	Accounts with accounts type unaudited abridged	PDF
2019-10-29	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2019-01-16	AA	accounts	Accounts with accounts type unaudited abridged	PDF
2018-11-08	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2018-06-29	AA	accounts	Accounts with accounts type unaudited abridged	PDF
2017-10-19	CS01	confirmation-statement	Confirmation statement with no updates	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 1
Capital events: 0
Officers appointed: 0
Officers resigned: 0

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

Official Companies House page