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Company No. SC778195 · Incorporated 7 Aug 2023

GRS Electrical (Glasgow) Limited

Registered name: GRS ELECTRICAL (GLASGOW) LIMITED

GRS Electrical (Glasgow) Limited made £105k revenue and £30.7k profit in the year to 31 Aug 2025.

GRS Electrical (Glasgow) Limited’s revenue grew 36% to £105k in the year to 31 Aug 2025, with £30.7k profit and 2 employees. The company is classified under “electrical installation” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation
Status
Active
Location
Glasgow, Scotland
Age
3 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 31 Aug 2025

Key figures

IndependentSmall teamYoung and profitableBoring industry
Revenue
£105k
Growth ▲36.1%
Profit
£30.7k
Growth ▼13.6%
Profit margin
29.1%
Gross 69.6%
Employees
2
Change ▲100%
Profit / employee
£15.4k
Revenue/employee £52.7k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Aug 202431 Aug 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£77.5k£105k
Cost of sales£15.9k£32.1k
Gross profit£61.6k£73.4k
Operating profit£44k£38.8k
Profit before tax£44k£38.5k
Profit after tax£35.6k£30.7k
Profit (best available)£35.6k£30.7k
Employees (average)12
Ratios
Profit margin45.9%29.1%
Gross margin79.5%69.6%
Revenue per employee£77.5k£52.7k
Profit per employee£35.6k£15.4k
Growth (year on year)
Revenue growth—▲36.1%
Profit growth—▼13.6%
Headcount growth—▲100%
Balance sheet — indirect signals, not revenue
Cash at bank£38.6k£40.5k
Net assets£35.7k£31.4k
Current assets£46.6k£42k
Debtors£0£1.5k
SourceFullAccounts · bulk data May 2025FullAccounts · bulk data Apr 2026
Derived from the latest filing

How the business works

Profit margin
29.1%
Profit ÷ revenue.
Gross margin
69.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£52.7k
Revenue ÷ average employees.
Profit per employee
£15.4k
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
1.4%
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
▼12%
Now £31.4k
Cash at bank
▲5%
Now £40.5k
Headcount
▲100%
Now 2
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £30.7k), from the Companies House accounts bulk data published Apr 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.