Grist Group Limited
Registered name: GRIST GROUP LIMITED
Part of Grist Holdings Limited groupGrist Group Limited made £28.2m revenue and a £145k loss in the year to 30 Apr 2025.
Grist Group Limited’s revenue grew 12% to £28.2m in the year to 30 Apr 2025, with a loss of £145k and 227 employees. The company is classified under “activities of head offices” and is based in Devizes; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Devizes, South West
- Age
- 37 yrs · since 1989
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £25.2m | £28.2m |
| Cost of sales | £21.7m | £24.6m |
| Gross profit | £3.5m | £3.5m |
| Operating profit | £1.1m | £1.1m |
| Profit before tax | £593k | £547k |
| Profit after tax | −£395k | −£145k |
| Profit (best available) | −£395k | −£145k |
| Staff costs | £7.5m | £9m |
| Employees (average) | 209 | 227 |
| Ratios | ||
| Profit margin | −1.6% | −0.5% |
| Gross margin | 14% | 12.5% |
| Revenue per employee | £120k | £124k |
| Profit per employee | −£1.9k | −£639 |
| Cash conversion | 222.8% | 228.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▲11.9% |
| Headcount growth | — | ▲8.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £23.3k | £143 |
| Net assets | £7.2m | £7.1m |
| Fixed assets | £16.3m | £16.6m |
| Current assets | £334k | £340k |
| Debtors | £2.6k | £812 |
| Cash from operations | £2.4m | £2.6m |
| Source | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −0.5%
- Profit ÷ revenue.
- Gross margin
- 12.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £124k
- Revenue ÷ average employees.
- Profit per employee
- −£639
- Profit ÷ average employees.
- Cash conversion
- 228.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 59%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼2%
- Now £7.1m
- Cash at bank
- ▼99%
- Now £143
- Headcount
- ▲9%
- Now 227
- Deferred income
- —
- Now —
- Fixed assets
- ▲2%
- Now £16.6m
Group structure
Ownership chain
- Grist Holdings Limitedultimate parent75–100%
- Grist Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (6)
- Grist Environmental LimitedRev. £28.2m · Profit £491k
- A.b. Gerrish LimitedFigures not disclosed
- Devizes Cranes LimitedFigures not disclosed
- Devizes Hire LimitedFigures not disclosed
- N G Holdings LimitedFigures not disclosed
- Wiltshire Aggregates LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£145k), from the Companies House accounts bulk data published Jan 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.