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Company No. 00271793 · Incorporated 2 Jan 1933

Thurlestone Estates,limited

Registered name: THURLESTONE ESTATES,LIMITED

Thurlestone Estates,limited made £8.7m revenue and £275k profit in the year to 31 Oct 2025.

Thurlestone Estates,limited’s revenue grew 2% to £8.7m in the year to 31 Oct 2025, with £275k profit and 138 employees. The company is classified under “hotels and similar accommodation” and is based in Kingsbridge; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation
Status
Active
Location
Kingsbridge, South West
Age
93 yrs · since 1933
Type
Private Limited Company
Latest accounts · year to 31 Oct 2025

Key figures

IndependentOperating leverageCash flow filed
Revenue
£8.7m
Growth ▲2.2%
Profit
£275k
Growth ▲441.9%
Profit margin
3.2%
Gross 46.4%
Employees
138
Change ▲12.2%
Profit / employee
£2k
Revenue/employee £63k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 202231 Oct 202331 Oct 202431 Oct 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£9.5m£8.7m£8.5m£8.7m
Cost of sales£5m£4.7m£4.7m£4.7m
Gross profit£4.5m£4m£3.8m£4m
Operating profit£1.4m£600k£449k£787k
Profit before tax£1.3m£213k£40.7k£420k
Profit after tax£719k−£19.4k£50.7k£275k
Profit (best available)£719k−£19.4k£50.7k£275k
Staff costs£4m£3.8m£3.8m£3.7m
Employees (average)148129123138
Ratios
Profit margin7.6%−0.2%0.6%3.2%
Gross margin47.3%45.6%45%46.4%
Revenue per employee£63.9k£67.2k£69.2k£63k
Profit per employee£4.9k−£151£413£2k
Cash conversion97.5%312.2%227.1%189.1%
Growth (year on year)
Revenue growth—▼8.4%▼1.8%▲2.2%
Profit growth—▼102.7%—▲441.9%
Headcount growth—▼12.8%▼4.7%▲12.2%
Balance sheet — indirect signals, not revenue
Cash at bank£140k£62.9k£29.3k£85.1k
Net assets£11.3m£16.3m£16.3m£16.5m
Fixed assets£15.1m£22.6m£22.5m£23.4m
Current assets£1.3m£368k£341k£403k
Debtors£19.4k£30.3k£47.4k£62.3k
Cash from operations£1.4m£1.9m£1m£1.5m
SourceAccounts · bulk data Jul 2024Accounts · bulk data Jul 2024FullAccounts · bulk data Jul 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
3.2%
Profit ÷ revenue.
Gross margin
46.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£63k
Revenue ÷ average employees.
Profit per employee
£2k
Profit ÷ average employees.
Cash conversion
189.1%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
268.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.7%
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
▲1%
Now £16.5m
Cash at bank
▲191%
Now £85.1k
Headcount
▲12%
Now 138
Deferred income
—
Now —
Fixed assets
▲4%
Now £23.4m
Corporate ownership

Group structure

Subsidiaries (1)

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

Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £275k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Updated from Companies House on 11 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.