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Company No. 11083182 · Incorporated 27 Nov 2017

Grant Store Limited

Registered name: GRANT STORE LIMITED

Part of Rhi Projects Limited group

Grant Store Limited made £18.4m revenue and £373k profit in the year to 30 Nov 2025. read from filing text

Grant Store Limited’s revenue fell 24% to £18.4m in the year to 30 Nov 2025, with £373k profit and 83 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation
Status
Active
Location
Manchester, North West
Age
8 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. From the filing: “The ultimate parent company is RHI Projects Limited, a company registered in England and Wales.”

Latest accounts · year to 30 Nov 2025

Key figures

Capital-lightBoring industryCash flow filed
Revenue
£18.4m
Growth ▼23.7%
Profit
£373k
Growth ▼81.5%
Profit margin
2%
Gross 17.1%
Employees
83
Change ▼16.2%
Profit / employee
£4.5k
Revenue/employee £222k
Profitable streak
3yrs
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 to30 Nov 202230 Nov 202330 Nov 202430 Nov 2025
DisclosureNo P&LFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)—£20.1m£24.2m£18.4m
Cost of sales—£14m£18.5m£15.3m
Gross profit—£6m£5.7m£3.1m
Operating profit—£4.1m£2.8m£449k
Profit before tax—£4.1m£2.8m£451k
Profit after tax—£3.1m£2m£373k
Profit (best available)—£3.1m£2m£373k
Staff costs—£2.3m£3.3m£2.8m
Employees (average)52729983
Ratios
Profit margin—15.7%8.3%2%
Gross margin—30%23.4%17.1%
Revenue per employee—£278k£244k£222k
Profit per employee—£43.7k£20.4k£4.5k
Cash conversion—−75.5%−128.3%−81.3%
Growth (year on year)
Revenue growth——▲20.5%▼23.7%
Profit growth——▼35.8%▼81.5%
Headcount growth—▲38.5%▲37.5%▼16.2%
Balance sheet — indirect signals, not revenue
Cash at bank£1m£2.9m£3.2m£2m
Net assets£1.4m£4m£4.6m£4.1m
Fixed assets£403k£649k£1.1m£1m
Current assets£3.2m£7.1m£6.5m£4.8m
Debtors£1.5m£3.6m£2.5m£2.3m
Deferred income—£778k£1m£581k
Cash from operations—−£3.1m−£3.5m−£365k
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2025FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
2%
Profit ÷ revenue.
Gross margin
17.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£222k
Revenue ÷ average employees.
Profit per employee
£4.5k
Profit ÷ average employees.
Cash conversion
−81.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
5.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12.4%
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
▼11%
Now £4.1m
Cash at bank
▼36%
Now £2m
Headcount
▼16%
Now 83
Deferred income
▼42%
Now £581k
Fixed assets
▼11%
Now £1m

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

  1. Rhi Projects Limitedultimate parent75–100%
  2. Grant Store Limitedthis company

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

Sister companies (2)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £373k), 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.