How much does BGRP Limited make?

BGRP Limited reported revenue of £11.2m and £2.1k profit in the year to 30 Apr 2023, according to its accounts filed at Companies House.

How many employees does BGRP Limited have?

BGRP Limited reported an average of 64 employees in the year to 30 Apr 2023.

Is BGRP Limited profitable?

Yes — BGRP Limited reported a profit of £2.1k in the year to 30 Apr 2023.

Company No. 05423920 · Incorporated 14 Apr 2005

BGRP Limited

Registered name: BGRP LIMITED

BGRP Limited made £11.2m revenue and £2.1k profit in the year to 30 Apr 2023.

BGRP Limited’s revenue grew 14% to £11.2m in the year to 30 Apr 2023, with £2.1k profit and 64 employees. The company is classified under “manufacture of soft furnishings” and is based in Cramlington; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 13921Manufacture of soft furnishings SIC 47910Retail sale via mail order houses or via Internet

Status: Active
Location: Cramlington, North East
Age: 21 yrs · since 2005
Type: Private Limited Company

Latest accounts · year to 30 Apr 2023

Key figures

Independent

Revenue

£11.2m

Growth ▲14.1%

Profit

£2.1k

Growth ▼99.8%

Profit margin

Gross 37.2%

Employees

Change ▲16.4%

Profit / employee

£33

Revenue/employee £176k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.9m	£11.2m
Cost of sales	£6.1m	£7.1m
Gross profit	£3.8m	£4.2m
Operating profit	£1.3m	£3.2k
Profit before tax	£1.3m	−£154k
Profit after tax	£1.3m	£2.1k
Profit (best available)	£1.3m	£2.1k
Staff costs	£2m	£2.7m
Employees (average)	55	64
Ratios
Profit margin	12.9%	0%
Gross margin	38.4%	37.2%
Revenue per employee	£179k	£176k
Profit per employee	£23.1k	£33
Growth (year on year)
Revenue growth	—	▲14.1%
Profit growth	—	▼99.8%
Headcount growth	—	▲16.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£477k	£1.6m
Net assets	£5.8m	£5.8m
Fixed assets	£420k	£1.3m
Current assets	£6.8m	£9m
Debtors	£766k	£1m
Deferred income	£146k	£312k
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: 37.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £176k; Revenue ÷ average employees.
Profit per employee: £33; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 11.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.1%; 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: ▲0%; Now £5.8m
Cash at bank: ▲225%; Now £1.6m
Headcount: ▲16%; Now 64
Deferred income: ▲113%; Now £312k
Fixed assets: ▲205%; Now £1.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (1)

Beanbag Bazaar LimitedFigures not disclosed

Minority corporate shareholders

Hawskford Trustees Jersey Limited (registered outside the UK register)

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Apr 2023 (profit £2.1k), from the Companies House accounts bulk data published Feb 2024. 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.