G R Contracts Ltd.
Registered name: G R CONTRACTS LTD.
Part of G R Holdings (Scotland) Ltd groupG R Contracts Ltd. made £13.1m revenue and £551k profit in the year to 30 Jun 2025.
G R Contracts Ltd.’s revenue fell 19% to £13.1m in the year to 30 Jun 2025, with £551k profit and 76 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Wishaw; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wishaw, Scotland
- Age
- 22 yrs · since 2004
- 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
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 | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £14.6m | £17.4m | £16.2m | £13.1m |
| Cost of sales | £12.4m | £14.3m | £11.8m | £10.7m |
| Gross profit | £2.2m | £3.1m | £4.4m | £2.4m |
| Operating profit | £963k | £1.8m | £2.8m | £731k |
| Profit before tax | £964k | £1.8m | £2.8m | £748k |
| Profit after tax | £778k | £1.5m | £2.1m | £551k |
| Profit (best available) | £778k | £1.5m | £2.1m | £551k |
| Staff costs | £3m | £3.4m | £3.4m | £3.3m |
| Employees (average) | 73 | 79 | 72 | 76 |
| Ratios | ||||
| Profit margin | 5.3% | 8.9% | 13.1% | 4.2% |
| Gross margin | 15.2% | 17.8% | 26.9% | 18% |
| Revenue per employee | £199k | £221k | £225k | £172k |
| Profit per employee | £10.7k | £19.6k | £29.5k | £7.3k |
| Cash conversion | −94.2% | −83.5% | −157.3% | −110.5% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲19.7% | ▼7% | ▼19.3% |
| Profit growth | — | ▲98.9% | ▲37.2% | ▼74% |
| Headcount growth | — | ▲8.2% | ▼8.9% | ▲5.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.3m | £1.7m | £2.1m | £1.1m |
| Net assets | £2.5m | £3m | £1.9m | £1.4m |
| Fixed assets | £383k | £377k | £642k | £721k |
| Current assets | £4.9m | £5.6m | £4.5m | £2.3m |
| Debtors | £1.1m | £73.6k | £356k | £152k |
| Cash from operations | −£908k | −£1.5m | −£4.4m | −£808k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 4.2%
- Profit ÷ revenue.
- Gross margin
- 18%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £172k
- Revenue ÷ average employees.
- Profit per employee
- £7.3k
- Profit ÷ average employees.
- Cash conversion
- −110.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.2%
- 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
- ▼28%
- Now £1.4m
- Cash at bank
- ▼51%
- Now £1.1m
- Headcount
- ▲6%
- Now 76
- Deferred income
- —
- Now —
- Fixed assets
- ▲12%
- Now £721k
Group structure
Ownership chain
- G R Holdings (Scotland) Ltdultimate parent75–100%
- G R Contracts Ltd.this 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).
Similar profitable businesses
- Fowler & Gilbert LtdMarket Drayton · Manufacture of metal structures and parts of structures
- Revenue
- £13.1m
- Profit
- £404k
- Staff
- 48
- Newfield Fabrications Company LimitedSandbach · Manufacture of metal structures and parts of structures
- Revenue
- £13.1m
- Profit
- £17.5k
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- Wiltech Engineering LimitedRochester · Manufacture of metal structures and parts of structures
- Revenue
- £13.1m
- Profit
- £948k
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- Wiltech Acoustics LimitedHeanor · Manufacture of metal structures and parts of structures
- Revenue
- £13m
- Profit
- £1.1m
- Staff
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- Harrisons Engineering (Lancashire) LimitedBillington · Manufacture of metal structures and parts of structures
- Revenue
- £13.3m
- Profit
- £914k
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- Arthur Stephenson(Engineers)limitedAtherton · Manufacture of metal structures and parts of structures
- Revenue
- £12.6m
- Profit
- £2m
- Staff
- 65
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £551k), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 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.