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Company No. NI053745 · Incorporated 28 Jan 2005

GRP Systems Ltd

Registered name: GRP SYSTEMS LTD

Part of Relinea Eot Limited group

GRP Systems Ltd made £712k profit in the year to 31 Jan 2026 (revenue not disclosed).

GRP Systems Ltd reported £712k profit in the year to 31 Jan 2026, down 18% on the year before; its revenue was not disclosed. It had 38 employees. The company is classified under “manufacture of builders ware of plastic” and is based in Crumlin; we hold 5 years of its filed accounts.

Status
Active
Location
Crumlin, Northern Ireland
Age
21 yrs · since 2005
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.

Latest accounts · year to 31 Jan 2026

Key figures

Revenue
—
Not disclosed in filing
Profit
£712k
Growth ▼17.8%
Profit margin
—
 
Employees
38
Change ▼19.1%
Profit / employee
£18.7k
 
Profitable streak
5yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202231 Jan 202331 Jan 202431 Jan 202531 Jan 2026
DisclosureProfit onlyProfit onlyProfit onlyProfit onlyProfit only
Profit & loss
Revenue (turnover)—————
Profit after tax£233k£468k£544k£866k£712k
Profit (best available)£233k£468k£544k£866k£712k
Employees (average)3937414738
Ratios
Profit margin—————
Profit per employee£6k£12.6k£13.3k£18.4k£18.7k
Growth (year on year)
Profit growth—▲101.2%▲16.3%▲59.2%▼17.8%
Headcount growth—▼5.1%▲10.8%▲14.6%▼19.1%
Balance sheet — indirect signals, not revenue
Cash at bank£1.3m£732k£725k£554k£740k
Net assets£2.4m£1.9m£1.6m£1.6m£2.2m
Fixed assets£240k£244k£260k£261k£255k
Current assets£2.9m£2.3m£2m£2.3m£2.8m
Debtors£849k£491k£256k£673k£802k
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023Accounts · bulk data Oct 2024FullAccounts · bulk data May 2025FullAccounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£18.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
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
▲40%
Now £2.2m
Cash at bank
▲34%
Now £740k
Headcount
▼19%
Now 38
Deferred income
—
Now —
Fixed assets
▼2%
Now £255k
Corporate ownership

Group structure

Ownership chain

  1. Relinea Eot Limitedultimate parent75–100%
  2. GRP Systems Ltdthis company

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

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

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Jan 2026 (profit £712k), from the Companies House accounts bulk data published Jun 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.