GRP Systems Ltd
Registered name: GRP SYSTEMS LTD
Part of Relinea Eot Limited groupGRP 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.
Key figures
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.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 | 31 Jan 2026 |
|---|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only | Profit only | Profit only |
| Profit & loss | |||||
| Revenue (turnover) | — | — | — | — | — |
| Profit after tax | £233k | £468k | £544k | £866k | £712k |
| Profit (best available) | £233k | £468k | £544k | £866k | £712k |
| Employees (average) | 39 | 37 | 41 | 47 | 38 |
| 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 |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Jun 2026 |
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.
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
Group structure
Ownership chain
- Relinea Eot Limitedultimate parent75–100%
- 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).
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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.