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Company No. 04596235 · Incorporated 20 Nov 2002

Grensue Ltd

Registered name: GRENSUE LTD

Grensue Ltd made £46m revenue and £489k profit in the year to 31 Dec 2024.

Grensue Ltd’s revenue was £46m in the year to 31 Dec 2024, with £489k profit and 1,181 employees. The company is classified under “take-away food shops and mobile food stands” and is based in Derby; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56103Take-away food shops and mobile food stands
Status
Active
Location
Derby, East Midlands
Age
23 yrs · since 2002
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightDoing more with lessCash flow filed
Revenue
£46m
Growth ▲0.1%
Profit
£489k
Growth ▼13.5%
Profit margin
1.1%
Gross 65.7%
Employees
1,181
Change ▼1.3%
Profit / employee
£414
Revenue/employee £38.9k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£41.7m£45.9m£46m
Cost of sales£15.1m£16.7m£15.8m
Gross profit£26.5m£29.3m£30.2m
Operating profit−£222k£814k£344k
Profit before tax−£230k£864k£492k
Profit after tax−£217k£565k£489k
Profit (best available)−£217k£565k£489k
Staff costs£12.2m£12.8m£13.6m
Employees (average)1,1721,1961,181
Ratios
Profit margin−0.5%1.2%1.1%
Gross margin63.6%63.7%65.7%
Revenue per employee£35.6k£38.4k£38.9k
Profit per employee−£185£473£414
Cash conversion—137.5%−413.9%
Growth (year on year)
Revenue growth—▲10.2%▲0.1%
Profit growth——▼13.5%
Headcount growth—▲2.1%▼1.3%
Balance sheet — indirect signals, not revenue
Cash at bank£4m£2.1m£2.8m
Net assets£5.7m£6.1m£6.4m
Fixed assets£6.1m£5.3m£4.3m
Current assets£4.5m£5.5m£6.6m
Debtors£1.2k£1.8k£1.5k
Cash from operations−£2.6m£1.1m−£1.4m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
1.1%
Profit ÷ revenue.
Gross margin
65.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£38.9k
Revenue ÷ average employees.
Profit per employee
£414
Profit ÷ average employees.
Cash conversion
−413.9%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
9.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲4%
Now £6.4m
Cash at bank
▲33%
Now £2.8m
Headcount
▼1%
Now 1,181
Deferred income
—
Now —
Fixed assets
▼19%
Now £4.3m
Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £489k), from the Companies House accounts bulk data published Sep 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.