Grosvenor Project Development Limited
Registered name: GROSVENOR PROJECT DEVELOPMENT LIMITED
Part of GH Newco 2 Limited groupGrosvenor Project Development Limited made £2.7m revenue and £769k profit in the year to 31 May 2025.
Grosvenor Project Development Limited’s revenue grew 94% to £2.7m in the year to 31 May 2025, with £769k profit and 15 employees. The company is classified under “other business support service activities” and is based in Harrogate; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Harrogate, Yorkshire and The Humber
- Age
- 36 yrs · since 1989
- 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. From the filing: “GH Newco 2 Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £1.3m | £1.4m | £1.4m | £2.7m |
| Gross profit | — | — | £1.4m | £2.7m |
| Operating profit | −£69.9k | £99.8k | £24.8k | £1m |
| Profit before tax | −£69.9k | £99.8k | £24.8k | £1m |
| Profit after tax | −£69.9k | £97.2k | £13.6k | £769k |
| Profit (best available) | −£69.9k | £97.2k | £13.6k | £769k |
| Employees (average) | 15 | 14 | 15 | 15 |
| Ratios | ||||
| Profit margin | −5.3% | 6.9% | 1% | 28.1% |
| Gross margin | — | — | 100% | 100% |
| Revenue per employee | £88.5k | £101k | £93.7k | £182k |
| Profit per employee | −£4.7k | £6.9k | £905 | £51.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6.6% | ▼0.5% | ▲94.3% |
| Profit growth | — | — | ▼86% | ▲5563% |
| Headcount growth | — | ▼6.7% | ▲7.1% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £19.5k | £30.3k | £76.2k | £36.9k |
| Net assets | £123k | £220k | £234k | £1m |
| Fixed assets | £155k | £155k | £154k | £153k |
| Current assets | £483k | £464k | £487k | £2m |
| Debtors | £164k | £247k | £216k | £1.7m |
| Deferred income | £15.8k | −£63.1k | £17.3k | £280k |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 28.1%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £182k
- Revenue ÷ average employees.
- Profit per employee
- £51.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 10.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 62.6%
- 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
- ▲329%
- Now £1m
- Cash at bank
- ▼52%
- Now £36.9k
- Headcount
- 0%
- Now 15
- Deferred income
- ▲1520%
- Now £280k
- Fixed assets
- ▼1%
- Now £153k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- GH Newco 2 Limitedultimate parent75–100%
- Grosvenor Project Development Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Cardale Project Management LimitedRev. £1m · Profit £22.3k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £769k), 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.