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Company No. 00869514 · Incorporated 21 Jan 1966

T.h.clements & Son Limited

Registered name: T.H.CLEMENTS & SON LIMITED

Part of NG25 Limited group

T.h.clements & Son Limited made £96.6m revenue and £930k profit in the year to 5 Apr 2025.

T.h.clements & Son Limited’s revenue grew 7% to £96.6m in the year to 5 Apr 2025, with £930k profit and 523 employees. The company is classified under “growing of vegetables and melons, roots and tubers” and is based in Boston; we hold 4 years of its filed accounts.

Full P&L filedSection A · Agriculture, forestry and fishingSIC 01130Growing of vegetables and melons, roots and tubers
Status
Active
Location
Boston, East of England
Age
60 yrs · since 1966
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 5 Apr 2025

Key figures

Revenue
£96.6m
Growth ▲6.8%
Profit
£930k
Growth ▼30.2%
Profit margin
1%
 
Employees
523
Change ▲13%
Profit / employee
£1.8k
Revenue/employee £185k
Profitable streak
4yrs
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 to5 Apr 20225 Apr 20235 Apr 20245 Apr 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£72m£76.2m£90.5m£96.6m
Operating profit£113k£969k£2.1m£1.6m
Profit before tax£13k£521k£1.7m£1.3m
Profit after tax£101k£528k£1.3m£930k
Profit (best available)£101k£528k£1.3m£930k
Staff costs£12.2m£13.4m£16.2m£18.9m
Employees (average)433439463523
Ratios
Profit margin0.1%0.7%1.5%1%
Revenue per employee£166k£174k£195k£185k
Profit per employee£233£1.2k£2.9k£1.8k
Growth (year on year)
Revenue growth—▲5.9%▲18.7%▲6.8%
Profit growth—▲422.8%▲152.3%▼30.2%
Headcount growth—▲1.4%▲5.5%▲13%
Balance sheet — indirect signals, not revenue
Cash at bank£220k£1.1m£174k£194k
Net assets£9.3m£9.9m£11m£11.6m
Fixed assets£9.5m£9.5m£10.5m£12m
Current assets£15.9m£21.3m£21.2m£22.2m
Debtors£4.6m£7.4m£8.3m£7.6m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
1%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£185k
Revenue ÷ average employees.
Profit per employee
£1.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
12.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.9%
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
▲6%
Now £11.6m
Cash at bank
▲11%
Now £194k
Headcount
▲13%
Now 523
Deferred income
—
Now —
Fixed assets
▲14%
Now £12m
Corporate ownership

Group structure

Ownership chain

  1. NG25 Limitedultimate parent75–100%
  2. T.h.clements & Son Limitedthis company

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

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 5 Apr 2025 (profit £930k), from the Companies House accounts bulk data published Dec 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.