Gridcore Power Limited
Registered name: GRIDCORE POWER LIMITED
Part of Jpinto Holdings Limited groupGridcore Power Limited made £1.8m revenue and £1.8m profit in the year to 31 May 2025.
Gridcore Power Limited’s revenue fell 56% to £1.8m in the year to 31 May 2025, with £1.8m profit and 0 employees. The company is classified under “electrical installation” and is based in Fleet; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Fleet, South East
- Age
- 11 yrs · since 2015
- 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: “Lynx (JB) Holdings Ltd”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £12.2m | £17m | £4m | £1.8m |
| Cost of sales | £9.7m | £14.6m | — | — |
| Gross profit | £2.5m | £2.4m | £4m | £1.8m |
| Operating profit | £1.5m | £1.2m | — | — |
| Profit before tax | £1.9m | £669k | £5.1m | £2.2m |
| Profit after tax | £1.5m | £590k | £4.1m | £1.8m |
| Profit (best available) | £1.5m | £590k | £4.1m | £1.8m |
| Employees (average) | 20 | 22 | 0 | 0 |
| Ratios | ||||
| Profit margin | 12% | 3.5% | 103.5% | 101.2% |
| Gross margin | 20.9% | 14% | 100% | 100% |
| Revenue per employee | £610k | £774k | — | — |
| Profit per employee | £73.1k | £26.8k | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲39.5% | ▼76.5% | ▼55.5% |
| Profit growth | — | ▼59.7% | ▲600.9% | ▼56.5% |
| Headcount growth | — | ▲10% | ▼100% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £236k | £1m | £5.5m | £2.4m |
| Net assets | £4.4m | £5.4m | £9.5m | £7.3m |
| Fixed assets | £1.7m | £1.8m | £2m | £2m |
| Current assets | £2.9m | £3.7m | £9.3m | £6m |
| Debtors | £0 | £0 | £3.8m | £4.7k |
| Deferred income | £17.5k | £24.3k | — | — |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2026 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 101.2%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 111.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- 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
- ▼23%
- Now £7.3m
- Cash at bank
- ▼56%
- Now £2.4m
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▲0%
- Now £2m
Group structure
Ownership chain
- Jpinto Holdings Limitedultimate parent50–75%
- Lynx (JB) Holdings Ltd75–100%
- Alliance Infrastructure Group Limited75–100%
- Gridcore Power Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Lynx Forecourt LimitedRev. £12.9m · Profit £607k
- Sfi Electrical LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £1.8m), from the Companies House accounts bulk data published Feb 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.