Garolla Holdings Limited
Registered name: GAROLLA HOLDINGS LIMITED
Part of Mayfair Equity Partners LLP groupGarolla Holdings Limited made £22.4m revenue and a £846k loss in the year to 31 Dec 2024. read from filing text
Garolla Holdings Limited’s revenue fell 3% to £22.4m in the year to 31 Dec 2024, with a loss of £846k and 150 employees. The company is classified under “activities of other holding companies” and is based in Leeds; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 company's immediate controlling party is Forest Bidco Limited, a company registered in the United Kingdom. The ultimate controlling party is Mayfair Equity Partners II LP, a company registered in ”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £23m | £23.1m | £22.4m |
| Cost of sales | £14.1m | £12.8m | £11m |
| Gross profit | £9m | £10.3m | £11.4m |
| Operating profit | −£1.3m | −£1.3m | −£1m |
| Profit before tax | −£1.3m | −£1.3m | −£1m |
| Profit after tax | −£1.3m | −£1.4m | −£846k |
| Profit (best available) | −£1.3m | −£1.4m | −£846k |
| Staff costs | £3.9m | £4.6m | £5.8m |
| Employees (average) | 142 | 145 | 150 |
| Ratios | |||
| Profit margin | −5.8% | −6.1% | −3.8% |
| Gross margin | 39% | 44.5% | 51% |
| Revenue per employee | £162k | £160k | £149k |
| Profit per employee | −£9.4k | −£9.8k | −£5.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.5% | ▼3.1% |
| Headcount growth | — | ▲2.1% | ▲3.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.2m | £3.5m | £1.2m |
| Net assets | £6.2m | £4.8m | £4.1m |
| Fixed assets | £5.1m | £5m | £5.6m |
| Current assets | £6.3m | £7.8m | £7.3m |
| Debtors | £81.8k | £120k | £669k |
| Deferred income | £285k | £564k | £715k |
| Cash from operations | −£1.7m | −£1.9m | £1.1m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −3.8%
- Profit ÷ revenue.
- Gross margin
- 51%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £149k
- Revenue ÷ average employees.
- Profit per employee
- −£5.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 25.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3%
- 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
- ▼13%
- Now £4.1m
- Cash at bank
- ▼64%
- Now £1.2m
- Headcount
- ▲3%
- Now 150
- Deferred income
- ▲27%
- Now £715k
- Fixed assets
- ▲13%
- Now £5.6m
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
- Mayfair Equity Partners LLPultimate parent75–100%
- Forest Midco 1 Limited75–100%
- Forest Midco 2 Limited75–100%
- Forest Bidco Limited75–100%
- Garolla Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Garolla LimitedFigures not disclosed
- Lee (Import) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£846k), from the Companies House accounts bulk data published Sep 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.