Offgrid Works Ltd
Registered name: OFFGRID WORKS LTD
Offgrid Works Ltd made £75k revenue and £5.5k profit in the year to 31 May 2025.
Offgrid Works Ltd’s revenue grew 2399% to £75k in the year to 31 May 2025, with £5.5k profit and 2 employees. The company is classified under “construction of domestic buildings” and is based in Sleaford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Sleaford, East Midlands
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £0 | £3k | £75k |
| Profit after tax | −£1.2k | −£2.5k | −£1.3k | £5.5k |
| Profit (best available) | −£1.2k | −£2.5k | −£1.3k | £5.5k |
| Staff costs | — | £0 | — | — |
| Employees (average) | — | 2 | 1 | 2 |
| Ratios | ||||
| Profit margin | — | — | −43.6% | 7.4% |
| Revenue per employee | — | £0 | £3k | £37.5k |
| Profit per employee | — | −£1.3k | −£1.3k | £2.8k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲2399% |
| Headcount growth | — | — | ▼50% | ▲100% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£1.2k | −£3.8k | −£5.1k | £449 |
| Fixed assets | £1.7k | £1.2k | £714 | £714 |
| Current assets | £245 | £5 | £35 | £11 |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 7.4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £37.5k
- Revenue ÷ average employees.
- Profit per employee
- £2.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.9%
- 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.
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
- —
- Now £449
- Cash at bank
- —
- Now —
- Headcount
- ▲100%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £714
Similar profitable businesses
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- Profit
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- Staff
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- Ag Rendering LtdLivingston · Construction of domestic buildings
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- Profit
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- Stefan Production LtdHarrow · Construction of domestic buildings
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- Profit
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- Costa Flor LtdLondon · Construction of domestic buildings
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- Profit
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- Max Construct LtdMansfield · Construction of domestic buildings
- Revenue
- £105k
- Profit
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- Silver Build Ltd.Enfield · Construction of domestic buildings
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £5.5k), from the Companies House accounts bulk data published Feb 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.