Grant Store Limited
Registered name: GRANT STORE LIMITED
Part of Rhi Projects Limited groupGrant 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.
- 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.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full 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) | 52 | 72 | 99 | 83 |
| 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 |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
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.
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.
Group structure
Ownership chain
- Rhi Projects Limitedultimate parent75–100%
- Grant Store Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Perpetual Exodus LtdFigures not disclosed
- Ralgo LtdFigures 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 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.