How much does Grid Tek Ltd make?

Grid Tek Ltd reported revenue of £276k and £222k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Grid Tek Ltd have?

Grid Tek Ltd reported an average of 2 employees in the year to 31 Mar 2025.

Is Grid Tek Ltd profitable?

Yes — Grid Tek Ltd reported a profit of £222k in the year to 31 Mar 2025.

Company No. 11243937 · Incorporated 9 Mar 2018

Grid Tek Ltd

Registered name: GRID TEK LTD

Grid Tek Ltd made £276k revenue and £222k profit in the year to 31 Mar 2025.

Grid Tek Ltd’s revenue fell 24% to £276k in the year to 31 Mar 2025, with £222k profit and 2 employees. The company is classified under “other engineering activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71129Other engineering activities

Status: Active
Location: London, London
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall teamCapital-light

Revenue

£276k

Growth ▼24.5%

Profit

£222k

Growth ▼20.6%

Profit margin

80.3%

Employees

Change ▼50%

Profit / employee

£111k

Revenue/employee £138k

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 to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£389k	£366k	£276k
Profit after tax	—	£297k	£279k	£222k
Profit (best available)	—	£297k	£279k	£222k
Staff costs	—	£44.5k	£38.7k	£16.5k
Employees (average)	4	5	4	2
Ratios
Profit margin	—	76.4%	76.5%	80.3%
Revenue per employee	—	£77.8k	£91.4k	£138k
Profit per employee	—	£59.4k	£69.9k	£111k
Growth (year on year)
Revenue growth	—	—	▼6%	▼24.5%
Profit growth	—	—	▼5.9%	▼20.6%
Headcount growth	—	▲25%	▼20%	▼50%
Balance sheet — indirect signals, not revenue
Net assets	£27k	£29.7k	£129k	£86.6k
Fixed assets	£9k	£10.7k	£4.2k	£4.2k
Current assets	£94.7k	£109k	£125k	£82.4k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 80.3%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £138k; Revenue ÷ average employees.
Profit per employee: £111k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▼33%; Now £86.6k
Cash at bank: —; Now —
Headcount: ▼50%; Now 2
Deferred income: —; Now —
Fixed assets: 0%; Now £4.2k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £222k), from the Companies House accounts bulk data published Dec 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.