Grosvenor Contracts (London) Limited
Registered name: GROSVENOR CONTRACTS (LONDON) LIMITED
Part of FTL UK Acquisition Company Limited groupGrosvenor Contracts (London) Limited made £10m revenue and £644k profit in the year to 31 Mar 2025.
Grosvenor Contracts (London) Limited’s revenue grew 11% to £10m in the year to 31 Mar 2025, with £644k profit and 86 employees. The company is classified under “washing and (dry-)cleaning of textile and fur products” and is based in Derby; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Derby, East Midlands
- Age
- 25 yrs · since 2001
- 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: “STAR Strategic Assets III-A LP”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £8.3m | £9.3m | £9m | £10m |
| Cost of sales | £6.1m | £5.7m | −£5.2m | −£6.1m |
| Gross profit | £2.3m | £3.5m | £3.8m | £3.9m |
| Operating profit | £93k | £1.3m | £1.1m | £644k |
| Profit before tax | £79k | £1.3m | £1.1m | £644k |
| Profit after tax | £56k | £1.2m | £1.1m | £644k |
| Profit (best available) | £56k | £1.2m | £1.1m | £644k |
| Staff costs | £2.2m | £2.5m | — | — |
| Employees (average) | 77 | 79 | 86 | 86 |
| Ratios | ||||
| Profit margin | 0.7% | 13% | 12.8% | 6.5% |
| Gross margin | 27% | 38.2% | 42.5% | 39.2% |
| Revenue per employee | £108k | £117k | £104k | £116k |
| Profit per employee | £727 | £15.3k | £13.4k | £7.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲11.2% | ▼3.2% | ▲11.3% |
| Profit growth | — | ▲2052% | ▼4.6% | ▼44% |
| Headcount growth | — | ▲2.6% | ▲8.9% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £737k | £330k | — | — |
| Net assets | £4.1m | £5.3m | — | — |
| Fixed assets | £980k | £1.1m | — | — |
| Current assets | £5.6m | £6m | — | — |
| Debtors | £1.9m | £1.3m | — | — |
| Deferred income | £1.3m | £859k | — | — |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 6.5%
- Profit ÷ revenue.
- Gross margin
- 39.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £116k
- Revenue ÷ average employees.
- Profit per employee
- £7.5k
- 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 86
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- FTL UK Acquisition Company Limitedultimate parent75–100%
- Stellar Mayan Limited75–100%
- Grosvenor Contracts (London) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Synergy Health Managed Services LimitedRev. £61.3m · Profit £7m
- Aeroserve Euro LimitedRev. £16.1m · Profit £11.6m
- Aeroserve (MSP) LimitedRev. £9.4m · Profit −£7.5m
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Abbey Glen LimitedSheffield · Washing and (dry-)cleaning of textile and fur products
- Revenue
- £10.7m
- Profit
- £503k
- Staff
- 154
- Express Linen Services LimitedEstate, Blackpool · Washing and (dry-)cleaning of textile and fur products
- Revenue
- £7.8m
- Profit
- £236k
- Staff
- 100
- Aeroserve Euro LimitedDerby · Washing and (dry-)cleaning of textile and fur products
- Revenue
- £16.1m
- Profit
- £11.6m
- Staff
- 44
- Eastern Counties Laundries LimitedChelmsford · Washing and (dry-)cleaning of textile and fur products
- Revenue
- £18m
- Profit
- £698k
- Staff
- 243
- Lindstrom LimitedBedford · Washing and (dry-)cleaning of textile and fur products
- Revenue
- £25.4m
- Profit
- £322k
- Staff
- 166
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £644k), from the Companies House accounts bulk data published Aug 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.