Grantham Engineering Ltd.
Registered name: GRANTHAM ENGINEERING LTD.
Part of Colin Sidney Pask Discretionary Trust groupGrantham Engineering Ltd. made £9.4m revenue and a £161k loss in the year to 30 Sep 2025.
Grantham Engineering Ltd.’s revenue fell 23% to £9.4m in the year to 30 Sep 2025, with a loss of £161k and 102 employees. The company is classified under “manufacture of other electrical equipment” and is based in Lincs; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Lincs, East Midlands
- Age
- 80 yrs · since 1946
- 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 | 30 Sep 2023 | 30 Sep 2024 | 31 Oct 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £12.6m | £12.3m | £12.3m | £9.4m |
| Cost of sales | £10.2m | −£9.5m | £9.5m | −£7.5m |
| Gross profit | £2.4m | £2.8m | £2.8m | £1.9m |
| Operating profit | £18k | −£24.4k | −£24.4k | −£171k |
| Profit before tax | −£16.4k | −£77.7k | −£77.7k | −£212k |
| Profit after tax | −£9.4k | −£70.1k | −£70.1k | −£161k |
| Profit (best available) | −£9.4k | −£70.1k | −£70.1k | −£161k |
| Employees (average) | 120 | 108 | 108 | 102 |
| Ratios | ||||
| Profit margin | −0.1% | −0.6% | −0.6% | −1.7% |
| Gross margin | 19% | 22.5% | 22.5% | 20.3% |
| Revenue per employee | £105k | £114k | £114k | £92.5k |
| Profit per employee | −£79 | −£649 | −£649 | −£1.6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼2.4% | ▼2.4% | ▼23.3% |
| Headcount growth | — | ▼10% | ▼10% | ▼5.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £52.7k | — | £67.8k | — |
| Net assets | £5m | — | £5m | — |
| Fixed assets | £1.8m | — | £1.7m | — |
| Current assets | £6.9m | — | £6.6m | — |
| Debtors | £2.7m | — | £2.9m | — |
| Deferred income | £250k | — | £264k | — |
| Source | FullAccounts · bulk data Oct 2025 | Accounts · bulk data Sep 2026 | FullAccounts · bulk data Oct 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −1.7%
- Profit ÷ revenue.
- Gross margin
- 20.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £92.5k
- Revenue ÷ average employees.
- Profit per employee
- −£1.6k
- Profit ÷ average employees.
- Cash conversion
- —
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- ▼6%
- Now 102
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Colin Sidney Pask Discretionary Trust (registered outside the UK register)ultimate parent50–75%
- Jack Harris (Grantham) Ltd.75–100%
- Grantham Engineering Ltd.this company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Grantham Electrical Engineering Company LimitedFigures not disclosed
- Mogensen Sizers LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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- Profit
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- Baldwin Boxall Communications LimitedCrowborough · Manufacture of other electrical equipment
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- Mpe LimitedLondon · Manufacture of other electrical equipment
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- Profit
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Sources
Latest figures from accounts for the year to 30 Sep 2025 (profit −£161k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 11 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.