Graffan Properties Limited
Registered name: GRAFFAN PROPERTIES LIMITED
Graffan Properties Limited made £9.6m revenue and £993k profit in the year to 31 Dec 2024.
Graffan Properties Limited’s revenue grew 4% to £9.6m in the year to 31 Dec 2024, with £993k profit and 94 employees. The company is classified under “hotels and similar accommodation” and is based in Belfast; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 49 yrs · since 1977
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £8.2m | £9.3m | £9.6m |
| Cost of sales | £2m | £2.4m | £2.4m |
| Gross profit | £6.2m | £6.9m | £7.2m |
| Profit before tax | £1.3m | £1.2m | £1.2m |
| Profit after tax | £1.1m | £921k | £993k |
| Profit (best available) | £1.1m | £921k | £993k |
| Employees (average) | 84 | 89 | 94 |
| Ratios | |||
| Profit margin | 13.1% | 9.9% | 10.3% |
| Gross margin | 75.9% | 74.7% | 75.1% |
| Revenue per employee | £97.3k | £104k | £103k |
| Profit per employee | £12.7k | £10.3k | £10.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▲13.8% | ▲3.7% |
| Profit growth | — | ▼13.9% | ▲7.8% |
| Headcount growth | — | ▲5.9% | ▲5.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3m | £2.4m | £558k |
| Net assets | £10m | £10.9m | £12.1m |
| Fixed assets | £21.3m | £22.5m | £22.5m |
| Current assets | £3.3m | £2.7m | £3.3m |
| Debtors | £4.8k | £17.3k | £13.6k |
| Cash from operations | £2.3m | £2.3m | £2.3m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 10.3%
- Profit ÷ revenue.
- Gross margin
- 75.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £103k
- Revenue ÷ average employees.
- Profit per employee
- £10.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 233.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▲11%
- Now £12.1m
- Cash at bank
- ▼77%
- Now £558k
- Headcount
- ▲6%
- Now 94
- Deferred income
- —
- Now —
- Fixed assets
- ▲0%
- Now £22.5m
Similar profitable businesses
- Whitstable Oyster Company LimitedWhitstable · Hotels and similar accommodation
- Revenue
- £9.7m
- Profit
- £517k
- Staff
- 196
- ST. Ermin's Property (UK) LimitedLondon · Hotels and similar accommodation
- Revenue
- £9.6m
- Profit
- £2.7m
- Staff
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- Mogford Hotels LimitedOxford · Hotels and similar accommodation
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- £9.7m
- Profit
- £977k
- Staff
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- JPM Properties (Ni) LimitedNewry · Hotels and similar accommodation
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- £9.7m
- Profit
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- Staff
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- Hotel Management International LimitedHayes · Hotels and similar accommodation
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- £9.5m
- Profit
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- Closegate Hotel Development (Durham) LimitedLeeds · Hotels and similar accommodation
- 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 Dec 2024 (profit £993k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.