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Company No. 12142520 · Incorporated 7 Aug 2019

Arbroath Limited

Registered name: ARBROATH LIMITED

Part of Gresham House Energy Storage Fund PLC group

Arbroath Limited made £2.1m revenue and a £1.6m loss in the year to 31 Dec 2023.

Arbroath Limited’s revenue grew 158% to £2.1m in the year to 31 Dec 2023, with a loss of £1.6m and 4 employees. The company is classified under “production of electricity” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35110Production of electricity
Status
Active
Location
London, London
Age
7 yrs · since 2019
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 2023

Key figures

Small teamDoing more with lessCash flow filed
Revenue
£2.1m
Growth ▲158.1%
Profit
−£1.6m
Growth ▼268.9%
Profit margin
−74.3%
Gross 88.4%
Employees
4
Change ▼20%
Profit / employee
−£394k
Revenue/employee £530k
Profitable streak
0yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£822k£2.1m
Cost of sales£41.4k£246k
Gross profit£780k£1.9m
Operating profit£544k£202k
Profit before tax−£89.4k−£1.1m
Profit after tax£933k−£1.6m
Profit (best available)£933k−£1.6m
Employees (average)54
Ratios
Profit margin113.5%−74.3%
Gross margin95%88.4%
Revenue per employee£164k£530k
Profit per employee£187k−£394k
Cash conversion71.5%1578%
Growth (year on year)
Revenue growth—▲158.1%
Profit growth—▼268.9%
Headcount growth—▼20%
Balance sheet — indirect signals, not revenue
Cash at bank£273k£506k
Net assets£711k−£865k
Fixed assets£15.6m£14.4m
Current assets£3.9m£1.4m
Debtors£3.6m£940k
Deferred income£12.7k£139k
Cash from operations£389k£3.2m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

How the business works

Profit margin
−74.3%
Profit ÷ revenue.
Gross margin
88.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£530k
Revenue ÷ average employees.
Profit per employee
−£394k
Profit ÷ average employees.
Cash conversion
1578%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
677.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
6.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
44.3%
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
▼222%
Now −£865k
Cash at bank
▲85%
Now £506k
Headcount
▼20%
Now 4
Deferred income
▲995%
Now £139k
Fixed assets
▼8%
Now £14.4m

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. Gresham House Energy Storage Fund PLCultimate parent75–100%
  2. Gresham House Energy Storage Holdings Limited75–100%
  3. Grid Holdco 1 Limited75–100%
  4. Arbroath Limitedthis company

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

Sister companies (23)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£1.6m), from the Companies House accounts bulk data published Sep 2024. 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.