How much does Greenwich Service Plus Limited make?

Greenwich Service Plus Limited reported revenue of £24.9m and £809k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Greenwich Service Plus Limited have?

Greenwich Service Plus Limited reported an average of 291 employees in the year to 31 Mar 2025.

Is Greenwich Service Plus Limited profitable?

Yes — Greenwich Service Plus Limited reported a profit of £809k in the year to 31 Mar 2025.

Company No. 07065923 · Incorporated 4 Nov 2009

Greenwich Service Plus Limited

Registered name: GREENWICH SERVICE PLUS LIMITED

Greenwich Service Plus Limited made £24.9m revenue and £809k profit in the year to 31 Mar 2025.

Greenwich Service Plus Limited’s revenue grew 2% to £24.9m in the year to 31 Mar 2025, with £809k profit and 291 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45200Maintenance and repair of motor vehicles SIC 49390Other passenger land transport SIC 62030Computer facilities management activities SIC 80200Security systems service activities

Status: Active
Location: London, London
Age: 16 yrs · since 2009
Type: PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)

Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.

Latest accounts · year to 31 Mar 2025

Key figures

IndependentDoing more with lessBoring industryCash flow filed

Revenue

£24.9m

Growth ▲1.8%

Profit

£809k

Growth —

Profit margin

3.3%

Gross 11.6%

Employees

291

Change ▼4.6%

Profit / employee

£2.8k

Revenue/employee £85.5k

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£23.3m	£22.9m	£24.4m	£24.9m
Cost of sales	£20.7m	£20.5m	£22.2m	£22m
Gross profit	£2.6m	£2.5m	£2.3m	£2.9m
Operating profit	£1.4m	£609k	−£126k	£825k
Profit after tax	£1.2m	£360k	−£7.8k	£809k
Profit (best available)	£1.2m	£360k	−£7.8k	£809k
Staff costs	£10.4m	£9.4m	£9.9m	£10.3m
Employees (average)	432	328	305	291
Ratios
Profit margin	5.1%	1.6%	0%	3.3%
Gross margin	11.1%	10.8%	9.3%	11.6%
Revenue per employee	£53.9k	£69.9k	£80.1k	£85.5k
Profit per employee	£2.8k	£1.1k	−£25	£2.8k
Cash conversion	−189%	−295%	—	−9.2%
Growth (year on year)
Revenue growth	—	▼1.5%	▲6.6%	▲1.8%
Profit growth	—	▼69.9%	▼102.2%	—
Headcount growth	—	▼24.1%	▼7%	▼4.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.7m	£8.2m	£5m	£4m
Net assets	£4.1m	£4.5m	£4.5m	£4.3m
Current assets	£10.3m	£10.9m	£10.5m	£10.3m
Debtors	£1.9m	£1.3m	£4.1m	£4.9m
Deferred income	£4.2m	£4.4m	£3.8m	£3.3m
Cash from operations	−£2.6m	−£1.8m	£3.3m	−£75.7k
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 3.3%; Profit ÷ revenue.
Gross margin: 11.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £85.5k; Revenue ÷ average employees.
Profit per employee: £2.8k; Profit ÷ average employees.
Cash conversion: −9.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 13.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.7%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼4%; Now £4.3m
Cash at bank: ▼20%; Now £4m
Headcount: ▼5%; Now 291
Deferred income: ▼12%; Now £3.3m
Fixed assets: —; Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Minority corporate shareholders

The Royal Borough Of Greenwich (registered outside the UK register)

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £809k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.