How much does Greenwich Service Solutions Limited make?

Greenwich Service Solutions Limited reported revenue of £2.2m and £83.7k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Greenwich Service Solutions Limited have?

Greenwich Service Solutions Limited reported an average of 113 employees in the year to 31 Mar 2025.

Is Greenwich Service Solutions Limited profitable?

Yes — Greenwich Service Solutions Limited reported a profit of £83.7k in the year to 31 Mar 2025.

Company No. 06778317 · Incorporated 22 Dec 2008

Greenwich Service Solutions Limited

Registered name: GREENWICH SERVICE SOLUTIONS LIMITED

Part of The Royal Borough Of Greenwich group

Greenwich Service Solutions Limited made £2.2m revenue and £83.7k profit in the year to 31 Mar 2025.

Greenwich Service Solutions Limited’s revenue grew 19% to £2.2m in the year to 31 Mar 2025, with £83.7k profit and 113 employees. The company is classified under “other passenger land transport” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49390Other passenger land transport SIC 62020Information technology consultancy activities SIC 78200Temporary employment agency activities SIC 81210General cleaning of buildings

Status: Active
Location: London, London
Age: 17 yrs · since 2008
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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: “The ultimate controlling party is the Royal Borough of Greenwich by virtue of holding all the company shares.”

Latest accounts · year to 31 Mar 2025

Key figures

Operating leverageCash flow filed

Revenue

£2.2m

Growth ▲18.9%

Profit

£83.7k

Growth ▲429.1%

Profit margin

3.9%

Gross 12.7%

Employees

113

Change ▲3.7%

Profit / employee

£741

Revenue/employee £19.2k

Profitable streak

3yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
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)	£1.1m	£1.4m	£1.8m	£2.2m
Cost of sales	£1.2m	£1.3m	£1.7m	£1.9m
Gross profit	−£82.9k	£119k	£144k	£275k
Operating profit	−£127k	£6.1k	£9.3k	£71.6k
Profit after tax	−£127k	£6.1k	£15.8k	£83.7k
Profit (best available)	−£127k	£6.1k	£15.8k	£83.7k
Staff costs	£1.2m	£1.3m	£1.7m	£1.9m
Employees (average)	87	88	109	113
Ratios
Profit margin	−11.3%	0.4%	0.9%	3.9%
Gross margin	−7.3%	8.4%	7.9%	12.7%
Revenue per employee	£13k	£16.2k	£16.7k	£19.2k
Profit per employee	−£1.5k	£70	£145	£741
Cash conversion	—	−1279%	−696.6%	−272.3%
Growth (year on year)
Revenue growth	—	▲26.7%	▲27.6%	▲18.9%
Profit growth	—	—	▲157.7%	▲429.1%
Headcount growth	—	▲1.1%	▲23.9%	▲3.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£260k	£338k	£409k	£618k
Net assets	£357k	£363k	£379k	£463k
Current assets	£487k	£525k	£602k	£807k
Debtors	£27.2k	£47.8k	£139k	£138k
Cash from operations	£179k	−£78.5k	−£64.6k	−£195k
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 3.9%; Profit ÷ revenue.
Gross margin: 12.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £19.2k; Revenue ÷ average employees.
Profit per employee: £741; Profit ÷ average employees.
Cash conversion: −272.3%; 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: 6.4%; 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: ▲22%; Now £463k
Cash at bank: ▲51%; Now £618k
Headcount: ▲4%; Now 113
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

The Royal Borough Of Greenwich (registered outside the UK register)ultimate parent75–100%
Greenwich Service Solutions Limitedthis company

Bands show the share of ownership each company holds in the one below it.

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £83.7k), 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.