Gravita Western I Limited
Registered name: GRAVITA WESTERN I LIMITED
Part of Tenzing Limited groupGravita Western I Limited made £6.7m revenue and £175k profit in the year to 31 Mar 2024. read from filing text
Gravita Western I Limited’s revenue grew 16% to £6.7m in the year to 31 Mar 2024, with £175k profit and 86 employees. The company is classified under “accounting and auditing activities” and is based in Bristol; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 9 yrs · since 2017
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £5m | £5.7m | £6.7m |
| Operating profit | £467k | £521k | £854k |
| Profit before tax | £250k | £71.5k | £329k |
| Profit after tax | £155k | £3k | £175k |
| Profit (best available) | £155k | £3k | £175k |
| Employees (average) | 78 | 76 | 86 |
| Ratios | |||
| Profit margin | 3.1% | 0.1% | 2.6% |
| Revenue per employee | £64.1k | £75.5k | £77.7k |
| Profit per employee | £2k | £40 | £2k |
| Growth (year on year) | |||
| Revenue growth | — | ▲14.7% | ▲16.5% |
| Profit growth | — | ▼98% | ▲5665% |
| Headcount growth | — | ▼2.6% | ▲13.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £8k | £7.8k | £1.8k |
| Net assets | £620k | £574k | £693k |
| Fixed assets | £3.2m | £3.2m | £3.2m |
| Current assets | £422k | £481k | £638k |
| Debtors | £0 | £0 | £0 |
| Deferred income | £0 | £0 | £0 |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £77.7k
- Revenue ÷ average employees.
- Profit per employee
- £2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 47.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲21%
- Now £693k
- Cash at bank
- ▼77%
- Now £1.8k
- Headcount
- ▲13%
- Now 86
- Deferred income
- —
- Now £0
- Fixed assets
- 0%
- Now £3.2m
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
- Tenzing Limitedultimate parent75–100%
- Tenzing Pe Managing Member Ltd75–100%
- Tenzing Pe II GP LLP50–75%
- Gravita Group Limited75–100%
- Gravita Midco II Limited75–100%
- Gravita Bidco II Limited75–100%
- Gravita Western I Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Gravita Western II LimitedFigures not disclosed
- Gravita Western III LimitedFigures not disclosed
- Gravita Western LimitedFigures not disclosed
Sister companies (12)
- Gravita Ah LimitedFigures not disclosed
- Gravita Business Services II LimitedFigures not disclosed
- Gravita Essex LimitedFigures not disclosed
- Gravita LimitedFigures not disclosed
- Gravita Nominees LimitedFigures not disclosed
- Gravita Oxford II LimitedFigures not disclosed
- Gravita Oxford III LimitedFigures not disclosed
- Gravita Trustees LimitedFigures not disclosed
- Gravita Wealth LimitedFigures not disclosed
- Team Gravita II LimitedFigures not disclosed
- Team Gravita LimitedFigures not disclosed
- The Gravita FoundationFigures 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 Mar 2024 (profit £175k), from the Companies House accounts bulk data published Jan 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.