TDW Distribution Limited
Registered name: TDW DISTRIBUTION LIMITED
TDW Distribution Limited made £19.2m revenue and a £387k loss in the year to 31 Dec 2025.
TDW Distribution Limited’s revenue fell 5% to £19.2m in the year to 31 Dec 2025, with a loss of £387k and 169 employees. The company is classified under “freight transport by road” and is based in Bridgend; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Bridgend, Wales
- Age
- 49 yrs · since 1976
- 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 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £20.2m | £19.2m |
| Cost of sales | £18.3m | £18m |
| Gross profit | £1.9m | £1.2m |
| Operating profit | £17.6k | −£117k |
| Profit before tax | −£102k | −£334k |
| Profit after tax | −£21.9k | −£387k |
| Profit (best available) | −£21.9k | −£387k |
| Staff costs | £8.5m | £8.1m |
| Employees (average) | 212 | 169 |
| Ratios | ||
| Profit margin | −0.1% | −2% |
| Gross margin | 9.3% | 6.3% |
| Revenue per employee | £95.2k | £114k |
| Profit per employee | −£103 | −£2.3k |
| Cash conversion | 3895% | — |
| Growth (year on year) | ||
| Revenue growth | — | ▼4.7% |
| Headcount growth | — | ▼20.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £512k | £681k |
| Net assets | £4.5m | £4.1m |
| Fixed assets | £6m | £6.8m |
| Current assets | £5.5m | £4.1m |
| Debtors | £4m | £2.7m |
| Deferred income | £12.3k | £18.6k |
| Cash from operations | £685k | £2.2m |
| Source | FullAccounts · bulk data Sep 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −2%
- Profit ÷ revenue.
- Gross margin
- 6.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £114k
- Revenue ÷ average employees.
- Profit per employee
- −£2.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 35.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.2%
- 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
- ▼8%
- Now £4.1m
- Cash at bank
- ▲33%
- Now £681k
- Headcount
- ▼20%
- Now 169
- Deferred income
- ▲51%
- Now £18.6k
- Fixed assets
- ▲13%
- Now £6.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£387k), from the Companies House accounts bulk data published Sep 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.