Garsin Holdings Ltd
Registered name: GARSIN HOLDINGS LTD
Garsin Holdings Ltd made £17.3m revenue and £930k profit in the year to 30 Jun 2025.
Garsin Holdings Ltd’s revenue grew 25% to £17.3m in the year to 30 Jun 2025, with £930k profit and 49 employees. The company is classified under “activities of other holding companies” and is based in Castledawson; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Castledawson, Northern Ireland
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £13.9m | £17.3m |
| Cost of sales | — | — | £9.3m | £11m |
| Gross profit | — | — | £4.5m | £6.3m |
| Operating profit | — | — | £871k | £1m |
| Profit before tax | — | — | £872k | £1.1m |
| Profit after tax | — | — | £582k | £930k |
| Profit (best available) | — | — | £582k | £930k |
| Staff costs | — | — | £2m | £3m |
| Employees (average) | — | 0 | 0 | 49 |
| Ratios | ||||
| Profit margin | — | — | 4.2% | 5.4% |
| Gross margin | — | — | 32.7% | 36.2% |
| Revenue per employee | — | — | — | £353k |
| Profit per employee | — | — | — | £19k |
| Cash conversion | — | — | 169.6% | 74.8% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲24.5% |
| Profit growth | — | — | — | ▲59.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £47.7k | £21.9k | £798k | £154k |
| Net assets | £1.4m | £1.4m | £1.9m | £2.6m |
| Fixed assets | £435k | £1.4m | £1.5m | £2.3m |
| Current assets | £999k | £786k | £882k | £852k |
| Debtors | £1k | £14.9k | £17.1k | £88.4k |
| Deferred income | — | — | £2.7k | £3.6k |
| Cash from operations | — | — | £1.5m | £784k |
| Source | Accounts · bulk data Jun 2024 | Accounts · bulk data Jun 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 5.4%
- Profit ÷ revenue.
- Gross margin
- 36.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £353k
- Revenue ÷ average employees.
- Profit per employee
- £19k
- Profit ÷ average employees.
- Cash conversion
- 74.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.5%
- 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
- ▲37%
- Now £2.6m
- Cash at bank
- ▼81%
- Now £154k
- Headcount
- —
- Now 49
- Deferred income
- ▲33%
- Now £3.6k
- Fixed assets
- ▲59%
- Now £2.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Grove Mechanical Services LimitedRev. £17.2m · Profit £746k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £930k), from the Companies House accounts bulk data published May 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.