How much does Truestone Glenapp Castle Limited make?

Truestone Glenapp Castle Limited reported revenue of £5.1m and £79.5k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Truestone Glenapp Castle Limited have?

Truestone Glenapp Castle Limited reported an average of 72 employees in the year to 31 Dec 2024.

Is Truestone Glenapp Castle Limited profitable?

Yes — Truestone Glenapp Castle Limited reported a profit of £79.5k in the year to 31 Dec 2024.

Company No. 09601726 · Incorporated 20 May 2015

Truestone Glenapp Castle Limited

Registered name: TRUESTONE GLENAPP CASTLE LIMITED

Part of Truestone Ark Limited group

Truestone Glenapp Castle Limited made £5.1m revenue and £79.5k profit in the year to 31 Dec 2024.

Truestone Glenapp Castle Limited’s revenue was £5.1m in the year to 31 Dec 2024, with £79.5k profit and 72 employees. The company is classified under “other business support service activities” and is based in Altrincham; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Altrincham, North West
Age: 11 yrs · since 2015
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 Dec 2024

Key figures

Cash flow filed

Revenue

£5.1m

Growth —

Profit

£79.5k

Growth —

Profit margin

1.6%

Gross 43.2%

Employees

Change —

Profit / employee

£1.1k

Revenue/employee £71.2k

Profitable streak

1yr

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.9m	£5.1m	£5.1m
Cost of sales	£2.9m	£3m	£2.9m
Gross profit	£2m	£2.1m	£2.2m
Operating profit	£314k	−£190k	£295k
Profit before tax	£227k	−£384k	£106k
Profit after tax	£166k	−£384k	£79.5k
Profit (best available)	£166k	−£384k	£79.5k
Staff costs	£2.1m	£2.5m	£2.2m
Employees (average)	74	73	72
Ratios
Profit margin	3.4%	−7.5%	1.6%
Gross margin	40.2%	41.9%	43.2%
Revenue per employee	£66.4k	£69.8k	£71.2k
Profit per employee	£2.2k	−£5.3k	£1.1k
Cash conversion	—	—	260.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£244k	£72.4k	£104k
Net assets	−£1.7m	−£2m	−£2m
Fixed assets	£5.1m	£5.3m	£5.8m
Current assets	£749k	£690k	£688k
Debtors	£27.8k	£42.5k	£47.7k
Deferred income	£1m	£1.1m	£1.1m
Cash from operations	—	£227k	£768k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 1.6%; Profit ÷ revenue.
Gross margin: 43.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £71.2k; Revenue ÷ average employees.
Profit per employee: £1.1k; Profit ÷ average employees.
Cash conversion: 260.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 114%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 22.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.9%; 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: —; Now −£2m
Cash at bank: —; Now £104k
Headcount: —; Now 72
Deferred income: —; Now £1.1m
Fixed assets: —; Now £5.8m

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

Truestone Ark Limitedultimate parent75–100%
Truestone Glenapp Castle 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

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £79.5k), from the Companies House accounts bulk data published Nov 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.