Theta Services Limited
Registered name: THETA SERVICES LIMITED
Theta Services Limited made £45k revenue and £975 profit in the year to 31 Dec 2025.
Theta Services Limited’s revenue fell 7% to £45k in the year to 31 Dec 2025, with £975 profit and 2 employees. The company is classified under “construction of other civil engineering projects” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 66 yrs · since 1960
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £66.8k | £71.6k | £48.2k | £45k |
| Cost of sales | £12.3k | £14.4k | £2.1k | £0 |
| Gross profit | £54.5k | £57.2k | £46.1k | £45k |
| Operating profit | −£10.1k | £3.5k | −£4.6k | £1.3k |
| Profit before tax | −£10.7k | £2.5k | −£6k | £975 |
| Profit after tax | −£10.7k | £2.5k | −£6k | £975 |
| Profit (best available) | −£10.7k | £2.5k | −£6k | £975 |
| Employees (average) | 2 | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | −16% | 3.5% | −12.4% | 2.2% |
| Gross margin | 81.5% | 79.9% | 95.6% | 100% |
| Revenue per employee | £33.4k | £35.8k | £24.1k | £22.5k |
| Profit per employee | −£5.3k | £1.2k | −£3k | £488 |
| Growth (year on year) | ||||
| Revenue growth | — | ▲7.2% | ▼32.8% | ▼6.6% |
| Profit growth | — | — | ▼339.1% | — |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £410 | £487 | £361 | £34 |
| Net assets | £750k | £753k | £747k | £748k |
| Fixed assets | £679k | £679k | £679k | £679k |
| Current assets | £67.9k | £67.5k | £70.4k | £66.1k |
| Debtors | £67.5k | £67k | £70k | £66k |
| Deferred income | — | — | £0 | £0 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 2.2%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £22.5k
- Revenue ÷ average employees.
- Profit per employee
- £488
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1510%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 146.8%
- 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
- ▲0%
- Now £748k
- Cash at bank
- ▼91%
- Now £34
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now £0
- Fixed assets
- 0%
- Now £679k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Pyro Refractories LimitedLancashire · Construction of other civil engineering projects n.e.c.
- Revenue
- £122k
- Profit
- £74.1k
- Staff
- 1
- Desops LimitedLondon · Construction of other civil engineering projects n.e.c.
- Revenue
- £124k
- Profit
- £9.5k
- Staff
- 2
- Ki Commercial Services LimitedSouth Shields · Construction of other civil engineering projects n.e.c.
- Revenue
- £132k
- Profit
- £68.7k
- Staff
- 1
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £975), from the Companies House accounts bulk data published Feb 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.