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Company No. 00906135 · Incorporated 16 May 1967

Thomas Sherriff and Company Limited

Registered name: THOMAS SHERRIFF AND COMPANY LIMITED

Thomas Sherriff and Company Limited made £50m revenue and a £633k loss in the year to 31 Jan 2025. read from filing text

Thomas Sherriff and Company Limited’s revenue fell 11% to £50m in the year to 31 Jan 2025, with a loss of £633k and 139 employees. The company is classified under “agents involved in the sale of machinery, industrial equipment, ships and aircraft” and is based in Berwick-Upon-Tweed; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft
Status
Active
Location
Berwick-Upon-Tweed, Scotland
Age
59 yrs · since 1967
Type
Private Limited Company
Latest accounts · year to 31 Jan 2025

Key figures

Independent
Revenue
£50m
Growth ▼11.3%
Profit
−£633k
Growth ▼159.7%
Profit margin
−1.3%
Gross 13.4%
Employees
139
Change ▲5.3%
Profit / employee
−£4.6k
Revenue/employee £360k
Profitable streak
0yrs
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 Jan 202231 Jan 202331 Jan 202431 Jan 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£44.9m£53.6m£56.4m£50m
Cost of sales£38.8m£45.9m£48.7m£43.3m
Gross profit£6.1m£7.7m£7.6m£6.7m
Operating profit£1.6m£2.6m£1.7m£20k
Profit before tax£1.5m£2.5m£1.4m−£807k
Profit after tax£1.1m£2m£1.1m−£633k
Profit (best available)£1.1m£2m£1.1m−£633k
Staff costs£4.9m£5.2m£6.1m£6.2m
Employees (average)124126132139
Ratios
Profit margin2.4%3.7%1.9%−1.3%
Gross margin13.7%14.3%13.5%13.4%
Revenue per employee£362k£425k£427k£360k
Profit per employee£8.8k£15.9k£8k−£4.6k
Cash conversion−81.2%−57.9%——
Growth (year on year)
Revenue growth—▲19.4%▲5.2%▼11.3%
Profit growth—▲83.5%▼47%▼159.7%
Headcount growth—▲1.6%▲4.8%▲5.3%
Balance sheet — indirect signals, not revenue
Cash at bank£4.8k£6.9k£4.3k£7.2k
Net assets£8.3m£10m£10.8m£10.1m
Fixed assets£4.6m£4.8m£5.2m£5.8m
Current assets£16.3m£23.9m£29.8m£26.3m
Debtors£2.6m£5.6m£3.7m£2.6m
Deferred income£651k£2.8m£650k£1.7m
Cash from operations−£1.3m−£1.5m——
SourceFullAccounts · bulk data Oct 2023FullAccounts · bulk data Oct 2023FullAccounts · bulk data Oct 2024FullAccounts · bulk data Jul 2025
Derived from the latest filing

How the business works

Profit margin
−1.3%
Profit ÷ revenue.
Gross margin
13.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£360k
Revenue ÷ average employees.
Profit per employee
−£4.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
11.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
5.2%
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 £10.1m
Cash at bank
▲69%
Now £7.2k
Headcount
▲5%
Now 139
Deferred income
▲161%
Now £1.7m
Fixed assets
▲11%
Now £5.8m

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

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 Jan 2025 (profit −£633k), from the Companies House accounts bulk data published Jul 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.