Grind & Co Ltd.
Registered name: GRIND & CO LTD.
Part of Grind Holdings Ltd groupGrind & Co Ltd. made £12.8m revenue and a £1.9m loss in the year to 30 Apr 2025. read from filing text
Grind & Co Ltd.’s revenue grew 9% to £12.8m in the year to 30 Apr 2025, with a loss of £1.9m and 240 employees. The company is classified under “retail sale of beverages in specialised stores” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 12 yrs · since 2013
- 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: “The immediate and ultimate parent undertaking is Grind Holdings Ltd, a company registered in England and Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £8.3m | £10.4m | £11.7m | £12.8m |
| Cost of sales | £2.4m | £3m | £3.3m | £3.5m |
| Gross profit | £5.9m | £7.4m | £8.4m | £9.3m |
| Operating profit | −£1.5m | −£1.2m | −£1.3m | −£1.7m |
| Profit before tax | −£1.7m | −£1.4m | −£1.6m | −£1.9m |
| Profit after tax | −£1.9m | −£1.4m | −£1.6m | −£1.9m |
| Profit (best available) | −£1.9m | −£1.4m | −£1.6m | −£1.9m |
| Staff costs | £3.7m | £4.3m | £5m | £5.4m |
| Employees (average) | 176 | 210 | 241 | 240 |
| Ratios | ||||
| Profit margin | −22.3% | −13.4% | −13.7% | −14.8% |
| Gross margin | 71% | 70.8% | 71.5% | 72.8% |
| Revenue per employee | £47.3k | £49.5k | £48.6k | £53.1k |
| Profit per employee | −£10.6k | −£6.6k | −£6.6k | −£7.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲24.8% | ▲12.7% | ▲9% |
| Headcount growth | — | ▲19.3% | ▲14.8% | ▼0.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £770k | £597k | £604k | £198k |
| Net assets | £546k | −£848k | £660k | −£1.2m |
| Fixed assets | £2.8m | £2.4m | £2.6m | £2.6m |
| Current assets | £4.8m | £4.5m | £2.9m | £3.5m |
| Debtors | £5.1k | £62.6k | £35.4k | £577k |
| Deferred income | £489k | £238k | £197k | £303k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −14.8%
- Profit ÷ revenue.
- Gross margin
- 72.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £53.1k
- Revenue ÷ average employees.
- Profit per employee
- −£7.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 20.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.5%
- 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
- ▼287%
- Now −£1.2m
- Cash at bank
- ▼67%
- Now £198k
- Headcount
- ▼0%
- Now 240
- Deferred income
- ▲54%
- Now £303k
- Fixed assets
- ▼2%
- Now £2.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Grind Holdings Ltdultimate parent75–100%
- Grind & Co Ltd.this company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Caffeine Machine Ltd.Figures not disclosed
- Exmouth Market Grind LtdFigures not disclosed
- Grind (Broadgate) LimitedFigures not disclosed
- Grind (London Bridge) LtdFigures not disclosed
Sister companies (2)
- Grind Coffee Roasters LimitedRev. £20.8m · Profit −£6.2m
- Bottleshot Brew LtdRev. — · Profit −£115k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Wine Inns LimitedRetail sale of beverages in specialised stores
- Revenue
- £12.8m
- Profit
- £470k
- Staff
- 110
- First Developments LimitedLondon · Retail sale of beverages in specialised stores
- Revenue
- £17.8m
- Profit
- £133k
- Staff
- 43
- Remarkable Pubs LimitedLondon · Retail sale of beverages in specialised stores
- Revenue
- £8.5m
- Profit
- £500k
- Staff
- 138
- Winemark the Winemerchants LimitedRetail sale of beverages in specialised stores
- Revenue
- £23m
- Profit
- £965k
- Staff
- 214
- Wineflair (Belfast) LimitedBelfast · Retail sale of beverages in specialised stores
- Revenue
- £35m
- Profit
- £347k
- Staff
- 381
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£1.9m), from the Companies House accounts bulk data published Jan 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.