Grainco Limited
Registered name: GRAINCO LIMITED
Part of Tynegrain Limited groupGrainco Limited made £238m revenue and £4m profit in the year to 30 Jun 2025. read from filing text
Grainco Limited’s revenue fell 9% to £238m in the year to 30 Jun 2025, with £4m profit and 59 employees. The company is classified under “wholesale of grain, unmanufactured tobacco, seeds and animal feeds” and is based in South Shields; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- South Shields, North East
- Age
- 31 yrs · since 1995
- 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: “Grainco Limited is controlled by Tynegrain Limited, which owns 100% of the company's share capital. Tynegrain Limited is incorporated in England under the Co-operative and Community Benefit Societies ”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £214m | £258m | £261m | £238m |
| Cost of sales | £204m | £247m | £249m | £225m |
| Gross profit | £10.7m | £11.2m | £12.1m | £13.5m |
| Operating profit | £3.4m | £4m | £4.8m | £6.5m |
| Profit before tax | £5.6m | £5.3m | £5m | £5.6m |
| Profit after tax | £4.5m | £4m | £3.8m | £4m |
| Profit (best available) | £4.5m | £4m | £3.8m | £4m |
| Staff costs | — | — | £4.7m | £4.8m |
| Employees (average) | 65 | 59 | 58 | 59 |
| Ratios | ||||
| Profit margin | 2.1% | 1.6% | 1.4% | 1.7% |
| Gross margin | 5% | 4.3% | 4.6% | 5.7% |
| Revenue per employee | £3.3m | £4.4m | £4.5m | £4m |
| Profit per employee | £69.6k | £68.6k | £65k | £68.3k |
| Cash conversion | 307.5% | −216.2% | −209.6% | −203.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲20.4% | ▲1.2% | ▼8.8% |
| Profit growth | — | ▼10.6% | ▼6.8% | ▲6.9% |
| Headcount growth | — | ▼9.2% | ▼1.7% | ▲1.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.5m | £2.9m | £982k | £1.1m |
| Net assets | £24.6m | £28.2m | £31.1m | £34.1m |
| Fixed assets | £7.7m | £6.6m | £5m | £4.4m |
| Current assets | £65.9m | £72.7m | £68m | £56.8m |
| Debtors | £43.5m | £49.3m | £26m | £23.8m |
| Deferred income | £3.9m | £4.9m | £5m | £4.6m |
| Cash from operations | £10.4m | −£8.6m | −£10m | −£13.1m |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 1.7%
- Profit ÷ revenue.
- Gross margin
- 5.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £4m
- Revenue ÷ average employees.
- Profit per employee
- £68.3k
- Profit ÷ average employees.
- Cash conversion
- −203.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10%
- 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
- ▲10%
- Now £34.1m
- Cash at bank
- ▲12%
- Now £1.1m
- Headcount
- ▲2%
- Now 59
- Deferred income
- ▼8%
- Now £4.6m
- Fixed assets
- ▼11%
- Now £4.4m
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
- Tynegrain Limitedultimate parent75–100%
- Grainco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Forestco LimitedFigures not disclosed
- Grainco Scotland LimitedFigures not disclosed
- Maritime Shipping and Logistics LtdFigures not disclosed
- Pellet Co LimitedFigures not disclosed
Sister companies (1)
- Meldon Village Storage and Drying LimitedRev. £407k · Profit −£207k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- H.J. Lea Oakes LimitedNantwich · Wholesale of grain, unmanufactured tobacco, seeds and animal feeds
- Revenue
- £161m
- Profit
- £660k
- Staff
- 125
- A. Poortman (London) LimitedLondon · Wholesale of grain, unmanufactured tobacco, seeds and animal feeds
- Revenue
- £96.1m
- Profit
- £2.6m
- Staff
- 33
- Gemcom LimitedLondon · Wholesale of grain, unmanufactured tobacco, seeds and animal feeds
- Revenue
- £90.5m
- Profit
- £1.7m
- Staff
- 21
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £4m), from the Companies House accounts bulk data published Dec 2025. 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.