National Grid Helicopters Limited
Registered name: NATIONAL GRID HELICOPTERS LIMITED
Part of National Grid PLC groupNational Grid Helicopters Limited made £7.2m revenue and £161k profit in the year to 31 Mar 2025.
National Grid Helicopters Limited’s revenue grew 2% to £7.2m in the year to 31 Mar 2025, with £161k profit and 18 employees. The company is classified under “other business support service activities” and is based in Bristol; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bristol
- Age
- 36 yrs · since 1989
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £6.5m | £7.1m | £7.2m |
| Cost of sales | −£2.5m | −£2.8m | −£2.8m |
| Gross profit | £4m | £4.3m | £4.3m |
| Operating profit | −£40k | £8k | £28k |
| Profit before tax | £22k | £132k | £207k |
| Profit after tax | £43k | £109k | £161k |
| Profit (best available) | £43k | £109k | £161k |
| Employees (average) | 18 | 18 | 18 |
| Ratios | |||
| Profit margin | 0.7% | 1.5% | 2.3% |
| Gross margin | 61.9% | 61% | 60.5% |
| Revenue per employee | £359k | £392k | £398k |
| Profit per employee | £2.4k | £6.1k | £8.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▲9.3% | ▲1.6% |
| Profit growth | — | ▲153.5% | ▲47.7% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 2.3%
- Profit ÷ revenue.
- Gross margin
- 60.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £398k
- Revenue ÷ average employees.
- Profit per employee
- £8.9k
- 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
- 0%
- Now 18
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- National Grid PLCultimate parent75–100%
- National Grid Holdings One PLC75–100%
- National Grid Electricity Distribution Holdings Limited75–100%
- National Grid Electricity Distribution PLC50–75%
- National Grid Electricity Distribution Network Holdings Limited75–100%
- National Grid Helicopters Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (8)
- National Grid Electricity Distribution (East Midlands) PLCFigures not disclosed
- National Grid Electricity Distribution (South Wales) PLCFigures not disclosed
- National Grid Electricity Distribution (South West) PLCFigures not disclosed
- National Grid Electricity Distribution (West Midlands) PLCFigures not disclosed
- National Grid Electricity Distribution Investments LimitedFigures not disclosed
- National Grid Electricity Distribution Midlands LimitedFigures not disclosed
- National Grid Electricity Distribution Property Investments LimitedFigures not disclosed
- National Grid Telecoms LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £161k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Updated from Companies House on 23 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.