How much does Grayce Group Limited make?

Grayce Group Limited reported revenue of £21.6m and £1.1m profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Grayce Group Limited have?

Grayce Group Limited reported an average of 335 employees in the year to 31 Mar 2026.

Is Grayce Group Limited profitable?

Yes — Grayce Group Limited reported a profit of £1.1m in the year to 31 Mar 2026.

Company No. 08160777 · Incorporated 30 Jul 2012

Grayce Group Limited

Registered name: GRAYCE GROUP LIMITED

Part of Literacy Capital PLC group

Grayce Group Limited made £21.6m revenue and £1.1m profit in the year to 31 Mar 2026.

Grayce Group Limited’s revenue fell 20% to £21.6m in the year to 31 Mar 2026, with £1.1m profit and 335 employees. The company is classified under “management consultancy activities other than financial management” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management

Status: Active
Location: Manchester, North West
Age: 14 yrs · since 2012
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.

Latest accounts · year to 31 Mar 2026

Key figures

Capital-light

Revenue

£21.6m

Growth ▼19.9%

Profit

£1.1m

Growth ▼66.4%

Profit margin

Gross 43.4%

Employees

335

Change ▼20.4%

Profit / employee

£3.2k

Revenue/employee £64.5k

Profitable streak

4yrs

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 2023	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£35.6m	£34m	£27m	£21.6m
Cost of sales	£19.5m	£19.1m	£15.2m	£12.2m
Gross profit	£16.1m	£14.9m	£11.7m	£9.4m
Operating profit	£6.2m	£4.9m	£4m	£1.1m
Profit before tax	£6.2m	£5m	£4m	£1.1m
Profit after tax	£5.1m	£4.2m	£3.2m	£1.1m
Profit (best available)	£5.1m	£4.2m	£3.2m	£1.1m
Staff costs	£26.2m	£26m	£20.8m	£17.6m
Employees (average)	661	585	421	335
Ratios
Profit margin	14.3%	12.3%	12%	5%
Gross margin	45.3%	43.9%	43.5%	43.4%
Revenue per employee	£53.8k	£58.1k	£64k	£64.5k
Profit per employee	£7.7k	£7.1k	£7.7k	£3.2k
Growth (year on year)
Revenue growth	—	▼4.5%	▼20.7%	▼19.9%
Profit growth	—	▼18.1%	▼22.6%	▼66.4%
Headcount growth	—	▼11.5%	▼28%	▼20.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£1.3m	£1.2m	£466k
Net assets	£2.1m	£2.7m	£6m	£7m
Fixed assets	£195k	£126k	£35.6k	£25.3k
Current assets	£7.2m	£6.6m	£7.7m	£7.8m
Debtors	£4.4m	£4m	£2.5m	£3m
Deferred income	—	—	−£1	£3
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 5%; Profit ÷ revenue.
Gross margin: 43.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £64.5k; Revenue ÷ average employees.
Profit per employee: £3.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.7%; 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: ▲18%; Now £7m
Cash at bank: ▼62%; Now £466k
Headcount: ▼20%; Now 335
Deferred income: —; Now £3
Fixed assets: ▼29%; Now £25.3k

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

Ownership chain

Literacy Capital PLCultimate parent75–100%
Kelly Topco Limited75–100%
Kelly Midco Limited75–100%
Kelly Bidco Limited75–100%
Grayce Group Limitedthis company

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

Subsidiaries (1)

Grayce Group Ebt LimitedFigures not disclosed

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 FullAccounts for the year to 31 Mar 2026 (profit £1.1m), from the Companies House accounts bulk data published Aug 2026. 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.