How much does Thompson Commercials Limited make?

Thompson Commercials Limited reported revenue of £83.6m and £922k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Thompson Commercials Limited have?

Thompson Commercials Limited reported an average of 214 employees in the year to 31 Dec 2024.

Is Thompson Commercials Limited profitable?

Yes — Thompson Commercials Limited reported a profit of £922k in the year to 31 Dec 2024.

Company No. 00532879 · Incorporated 5 May 1954

Thompson Commercials Limited

Registered name: THOMPSON COMMERCIALS LIMITED

Part of Newbegin Corporation Limited group

Thompson Commercials Limited made £83.6m revenue and £922k profit in the year to 31 Dec 2024.

Thompson Commercials Limited’s revenue fell 8% to £83.6m in the year to 31 Dec 2024, with £922k profit and 214 employees. The company is classified under “sale of other motor vehicles” and is based in Hull; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45190Sale of other motor vehicles SIC 45200Maintenance and repair of motor vehicles SIC 45320Retail trade of motor vehicle parts and accessories

Status: Active
Location: Hull, Yorkshire and The Humber
Age: 72 yrs · since 1954
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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£83.6m

Growth ▼7.9%

Profit

£922k

Growth ▼43%

Profit margin

1.1%

Gross 14%

Employees

214

Change ▲4.9%

Profit / employee

£4.3k

Revenue/employee £391k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£68.7m	£90.8m	£83.6m
Cost of sales	£57.9m	£78.6m	£71.8m
Gross profit	£10.8m	£12.2m	£11.7m
Operating profit	£2.8m	£2.9m	£1.9m
Profit before tax	£2.6m	£2.1m	£1.2m
Profit after tax	£2.1m	£1.6m	£922k
Profit (best available)	£2.1m	£1.6m	£922k
Employees (average)	186	204	214
Ratios
Profit margin	3.1%	1.8%	1.1%
Gross margin	15.8%	13.5%	14%
Revenue per employee	£370k	£445k	£391k
Profit per employee	£11.4k	£7.9k	£4.3k
Growth (year on year)
Revenue growth	—	▲32%	▼7.9%
Profit growth	—	▼23.9%	▼43%
Headcount growth	—	▲9.7%	▲4.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£803k	£1.9m
Net assets	£8.4m	£8.8m	£8.4m
Fixed assets	£798k	£670k	£656k
Current assets	£20.7m	£20.2m	£29.7m
Debtors	£7.7m	£8.1m	£9.5m
Deferred income	£459k	£477k	£968k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 1.1%; Profit ÷ revenue.
Gross margin: 14%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £391k; Revenue ÷ average employees.
Profit per employee: £4.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.3%; 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: ▼5%; Now £8.4m
Cash at bank: ▲132%; Now £1.9m
Headcount: ▲5%; Now 214
Deferred income: ▲103%; Now £968k
Fixed assets: ▼2%; Now £656k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Newbegin Corporation Limitedultimate parent75–100%
Newbegin Holdings Limited75–100%
Thompson Commercials Group Limited75–100%
Thompson Commercials Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Premium Leasing LimitedRev. £18.5m · Profit £1.4m
Thompson of Beverley LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £922k), from the Companies House accounts bulk data published Sep 2025. 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.