How much does Germinal GB Limited make?

Germinal GB Limited reported revenue of £21.8m and £1.6m profit in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does Germinal GB Limited have?

Germinal GB Limited reported an average of 28 employees in the year to 30 Jun 2025.

Is Germinal GB Limited profitable?

Yes — Germinal GB Limited reported a profit of £1.6m in the year to 30 Jun 2025.

Company No. NI007063 · Incorporated 2 Oct 1967

Germinal GB Limited

Registered name: GERMINAL GB LIMITED

Part of Openfolde Limited group

Germinal GB Limited made £21.8m revenue and £1.6m profit in the year to 30 Jun 2025.

Germinal GB Limited’s revenue grew 3% to £21.8m in the year to 30 Jun 2025, with £1.6m profit and 28 employees. The company is classified under “wholesale of grain, unmanufactured tobacco, seeds and animal feeds” and is based in Belfast; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46210Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

Status: Active
Location: Belfast, Northern Ireland
Age: 59 yrs · since 1967
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. From the filing: “Openfolde Limited”

Latest accounts · year to 30 Jun 2025

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£21.8m

Growth ▲2.9%

Profit

£1.6m

Growth ▲36.8%

Profit margin

7.3%

Gross 29.2%

Employees

Change ▼9.7%

Profit / employee

£56.9k

Revenue/employee £777k

Profitable streak

2yrs

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 to	30 Jun 2024	30 Jun 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.2m	£21.8m
Cost of sales	£15.1m	£15.4m
Gross profit	£6.1m	£6.3m
Operating profit	£2.3m	£2.8m
Profit before tax	£1.6m	£2.1m
Profit after tax	£1.2m	£1.6m
Profit (best available)	£1.2m	£1.6m
Employees (average)	31	28
Ratios
Profit margin	5.5%	7.3%
Gross margin	28.7%	29.2%
Revenue per employee	£682k	£777k
Profit per employee	£37.6k	£56.9k
Growth (year on year)
Revenue growth	—	▲2.9%
Profit growth	—	▲36.8%
Headcount growth	—	▼9.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.3k	£1.2k
Net assets	£11.6m	£12m
Fixed assets	£536k	£394k
Current assets	£13.1m	£13.4m
Debtors	£2.4m	£2m
Deferred income	£942k	£1.1m
Source	FullAccounts · bulk data Mar 2026	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 7.3%; Profit ÷ revenue.
Gross margin: 29.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £777k; Revenue ÷ average employees.
Profit per employee: £56.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9%; 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: ▲3%; Now £12m
Cash at bank: ▼47%; Now £1.2k
Headcount: ▼10%; Now 28
Deferred income: ▲12%; Now £1.1m
Fixed assets: ▼26%; Now £394k

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

Openfolde Limitedultimate parent75–100%
Germinal GB Limitedthis company

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

Sister companies (4)

Cereal Seeds LimitedFigures not disclosed
Germinal Wales LtdFigures not disclosed
Lawnsmith LimitedFigures not disclosed
Samuel McCausland LtdFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £1.6m), from the Companies House accounts bulk data published Mar 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.