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Company No. 13400181 · Incorporated 16 May 2021

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
Latest accounts · year to 31 May 2025

Key figures

IndependentSmall teamCapital-lightYoung and profitable
Revenue
£75k
Growth ▲2399%
Profit
£5.5k
Growth —
Profit margin
7.4%
 
Employees
2
Change ▲100%
Profit / employee
£2.8k
Revenue/employee £37.5k
Profitable streak
1yr
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 to31 May 202231 May 202331 May 202431 May 2025
DisclosureProfit onlyFull P&LFull P&LFull 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)—212
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
SourceFullAccounts · bulk data Mar 2024FullAccounts · bulk data Mar 2024FullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2026
Derived from the latest filing

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.
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
—
Now £449
Cash at bank
—
Now —
Headcount
▲100%
Now 2
Deferred income
—
Now —
Fixed assets
0%
Now £714
Same industry, similar size

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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.