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.
- Status
- Active
- Location
- Kingsbridge, South West
- Age
- 93 yrs · since 1933
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 148 | 129 | 123 | 138 |
| Ratios | ||||
| Profit margin | 7.6% | −0.2% | 0.6% | 3.2% |
| Gross margin | 47.3% | 45.6% | 45% | 46.4% |
| Revenue per employee | £63.9k | £67.2k | £69.2k | £63k |
| Profit per employee | £4.9k | −£151 | £413 | £2k |
| Cash conversion | 97.5% | 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 |
| Source | Accounts · bulk data Jul 2024 | Accounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
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.
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
Group structure
Subsidiaries (1)
- Tracertec LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.