Groco 404 Ltd
Registered name: GROCO 404 LTD
Part of Ambipar Holdings (UK) Limited groupGroco 404 Ltd made £10m revenue and a £795k loss in the year to 31 Dec 2024. read from filing text
Groco 404 Ltd’s revenue fell 13% to £10m in the year to 31 Dec 2024, with a loss of £795k and 0 employees. The company is classified under “activities of other holding companies” and is based in Wrexham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wrexham, Wales
- Age
- 5 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| 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) | — | £13.3m | £11.5m | £10m |
| Cost of sales | £7.7m | £9.1m | £7.7m | £6.5m |
| Gross profit | — | £4.2m | £3.8m | £3.5m |
| Operating profit | — | −£377k | −£483k | −£574k |
| Profit before tax | — | −£549k | −£658k | −£737k |
| Profit after tax | — | −£560k | −£723k | −£795k |
| Profit (best available) | — | −£560k | −£723k | −£795k |
| Staff costs | £0 | £0 | £0 | £0 |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | — | −4.2% | −6.3% | −8% |
| Gross margin | — | 31.6% | 32.8% | 35.1% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼13.2% | ▼13.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £37k | £94.1k | £87.7k | £66.5k |
| Net assets | — | — | £7.6m | £6.8m |
| Fixed assets | £3.4m | £3.4m | £2.8m | £2.6m |
| Debtors | £0 | £0 | £0 | £0 |
| Deferred income | £0 | £0 | £0 | £0 |
| Cash from operations | −£1.1m | −£1.5m | −£1.2m | −£959k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −8%
- Profit ÷ revenue.
- Gross margin
- 35.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 25.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼10%
- Now £6.8m
- Cash at bank
- ▼24%
- Now £66.5k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now £0
- Fixed assets
- ▼6%
- Now £2.6m
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
- Ambipar Holdings (UK) Limitedultimate parent75–100%
- Groco 404 Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Ambipar Site Services LimitedRev. £10m · Profit £175k
Sister companies (1)
- Ambipar Response LimitedRev. £11.9m · Profit £2.5m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£795k), 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.