Grainger & Worrall Limited
Registered name: GRAINGER & WORRALL LIMITED
Part of Evolution Castings Group Limited groupGrainger & Worrall Limited made £45.7m revenue and a £6.3m loss in the year to 31 Oct 2025.
Grainger & Worrall Limited’s revenue fell 28% to £45.7m in the year to 31 Oct 2025, with a loss of £6.3m and 520 employees. The company is classified under “casting of iron” and is based in Bridgnorth; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bridgnorth, West Midlands
- Age
- 56 yrs · since 1970
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £77.2m | £67.4m | £63.5m | £45.7m |
| Cost of sales | £74m | £61.4m | £55m | £48.4m |
| Gross profit | £3.1m | £6m | £8.5m | −£2.7m |
| Operating profit | −£4.5m | −£3.1m | £3.7m | −£6.6m |
| Profit before tax | −£5.4m | −£4.2m | £3m | −£7.2m |
| Profit after tax | −£5.6m | −£3.9m | £543k | −£6.3m |
| Profit (best available) | −£5.6m | −£3.9m | £543k | −£6.3m |
| Staff costs | £25.5m | £23.4m | £25.2m | £23.3m |
| Employees (average) | 491 | 574 | 642 | 520 |
| Ratios | ||||
| Profit margin | −7.3% | −5.8% | 0.9% | −13.7% |
| Gross margin | 4% | 8.9% | 13.4% | −5.9% |
| Revenue per employee | £157k | £117k | £98.9k | £87.9k |
| Profit per employee | −£11.4k | −£6.8k | £845 | −£12.1k |
| Cash conversion | — | — | 168.5% | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼5.9% | ▼28% |
| Profit growth | — | — | — | ▼1256% |
| Headcount growth | — | — | ▲11.8% | ▼19% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £476k | £2.8m | £931k | £110k |
| Net assets | −£225k | −£2.4m | −£1.6m | −£9.5m |
| Fixed assets | £10.1m | £12.6m | £13.7m | £10.6m |
| Current assets | £29.7m | £25.3m | £18.7m | £15.7m |
| Debtors | £11.6m | £8.6m | £5.6m | £4.3m |
| Deferred income | £2.5m | £1.6m | £567k | £1.4m |
| Cash from operations | £2m | £8.2m | £6.3m | — |
| Source | Accounts · bulk data Jun 2024 | Accounts · bulk data Jun 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −13.7%
- Profit ÷ revenue.
- Gross margin
- −5.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £87.9k
- Revenue ÷ average employees.
- Profit per employee
- −£12.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 23.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.3%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£9.5m
- Cash at bank
- ▼88%
- Now £110k
- Headcount
- ▼19%
- Now 520
- Deferred income
- ▲145%
- Now £1.4m
- Fixed assets
- ▼23%
- Now £10.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Evolution Castings Group Limitedultimate parent75–100%
- Grainger & Worrall Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Grainger & Worrall Machining LimitedRev. — · Profit £1.4m
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit −£6.3m), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.