Grant's Electrical Services (N.i.) Limited
Registered name: GRANT'S ELECTRICAL SERVICES (N.I.) LIMITED
Grant's Electrical Services (N.i.) Limited made £10.7m revenue and £408k profit in the year to 30 Sep 2025.
Grant's Electrical Services (N.i.) Limited’s revenue fell 4% to £10.7m in the year to 30 Sep 2025, with £408k profit and 96 employees. The company is classified under “repair of other equipment” and is based in Ballymena; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Ballymena, Northern Ireland
- Age
- 49 yrs · since 1977
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £11.1m | £10.7m |
| Cost of sales | — | — | £8.1m | £7.9m |
| Gross profit | — | — | £3m | £2.8m |
| Operating profit | — | — | £781k | £567k |
| Profit before tax | — | — | £776k | £561k |
| Profit after tax | — | — | £566k | £408k |
| Profit (best available) | — | — | £566k | £408k |
| Staff costs | — | — | £3.8m | £3.8m |
| Employees (average) | 88 | 96 | 102 | 96 |
| Ratios | ||||
| Profit margin | — | — | 5.1% | 3.8% |
| Gross margin | — | — | 27.1% | 26.4% |
| Revenue per employee | — | — | £109k | £112k |
| Profit per employee | — | — | £5.5k | £4.3k |
| Cash conversion | — | — | 135.3% | 118.6% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼3.6% |
| Profit growth | — | — | — | ▼27.9% |
| Headcount growth | — | ▲9.1% | ▲6.3% | ▼5.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £37.2k | £16.2k | £96.5k | £149k |
| Net assets | £2.3m | £2.6m | £2.4m | £2.3m |
| Fixed assets | £739k | £795k | £859k | £866k |
| Current assets | £3.7m | £3.8m | £3.2m | £3.1m |
| Debtors | £1.7m | £1.6m | £1.7m | £1.8m |
| Deferred income | £17.2k | £14.3k | £47.9k | £81.1k |
| Cash from operations | — | — | £1.1m | £673k |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 3.8%
- Profit ÷ revenue.
- Gross margin
- 26.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £112k
- Revenue ÷ average employees.
- Profit per employee
- £4.3k
- Profit ÷ average employees.
- Cash conversion
- 118.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.1%
- 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
- ▼5%
- Now £2.3m
- Cash at bank
- ▲54%
- Now £149k
- Headcount
- ▼6%
- Now 96
- Deferred income
- ▲69%
- Now £81.1k
- Fixed assets
- ▲1%
- Now £866k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Transcanada Turbines (UK) LimitedEdinburgh · Repair of other equipment
- Revenue
- £10.7m
- Profit
- £108k
- Staff
- —
- Heatcare Oil and Gas LimitedKeith · Repair of other equipment
- Revenue
- £10.8m
- Profit
- £2m
- Staff
- 95
- Connector Subsea Solutions (UK) LtdWednesbury · Repair of other equipment
- Revenue
- £10.9m
- Profit
- £2.2m
- Staff
- 33
- Kanadevia Inova Management Services UK LtdYork · Repair of other equipment
- Revenue
- £10m
- Profit
- £154k
- Staff
- 51
- Industrial Door Systems LimitedManchester · Repair of other equipment
- Revenue
- £11.5m
- Profit
- £108k
- Staff
- 112
- Akva Group Scotland LtdInverness · Repair of other equipment
- Revenue
- £12.4m
- Profit
- £128k
- Staff
- 53
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £408k), 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.