T.H. White, Installation, Limited
Registered name: T.H. WHITE, INSTALLATION, LIMITED
Part of T. H. White Holdings Limited groupT.H. White, Installation, Limited made £12.5m revenue and £328k profit in the year to 31 Dec 2025.
T.H. White, Installation, Limited’s revenue fell 2% to £12.5m in the year to 31 Dec 2025, with £328k profit and 79 employees. The company is classified under “installation of industrial machinery and equipment” and is based in Wiltshire; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wiltshire, South West
- Age
- 47 yrs · since 1978
- 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. From the filing: “T. H. White Holdings Limited”
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) | £27.2m | £22.6m | £12.8m | £12.5m |
| Cost of sales | £23.4m | £18.2m | £9m | £8.4m |
| Gross profit | £3.9m | £4.5m | £3.9m | £4.2m |
| Operating profit | £318k | £482k | −£32.1k | £390k |
| Profit before tax | £318k | £482k | −£32.7k | £396k |
| Profit after tax | £358k | £403k | −£36.2k | £328k |
| Profit (best available) | £358k | £403k | −£36.2k | £328k |
| Staff costs | £3.5m | £3.9m | £3.7m | £3.6m |
| Employees (average) | 86 | 89 | 83 | 79 |
| Ratios | ||||
| Profit margin | 1.3% | 1.8% | −0.3% | 2.6% |
| Gross margin | 14.2% | 19.8% | 30.1% | 33.3% |
| Revenue per employee | £317k | £254k | £155k | £158k |
| Profit per employee | £4.2k | £4.5k | −£437 | £4.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼16.8% | ▼43.3% | ▼2.5% |
| Profit growth | — | ▲12.8% | ▼109% | — |
| Headcount growth | — | ▲3.5% | ▼6.7% | ▼4.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £13.9k | £19.6k | £9.2k | £18.7k |
| Net assets | £1.1m | £1.5m | £1.5m | £1.8m |
| Fixed assets | £359k | £333k | £278k | £202k |
| Current assets | £20.6m | £17.3m | £16.5m | £17.7m |
| Debtors | £2.7m | £1.2m | £2.7m | £2.3m |
| Deferred income | £6.2m | £3.2m | £2.7m | £3.8m |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Jun 2026 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 33.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £158k
- Revenue ÷ average employees.
- Profit per employee
- £4.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 30.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.6%
- 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
- ▲22%
- Now £1.8m
- Cash at bank
- ▲104%
- Now £18.7k
- Headcount
- ▼5%
- Now 79
- Deferred income
- ▲42%
- Now £3.8m
- Fixed assets
- ▼27%
- Now £202k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- T. H. White Holdings Limitedultimate parent75–100%
- T.H. White, Installation, Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- T. H. White LimitedRev. £139m · Profit £526k
- T H White Machinery Imports LimitedRev. £5.2m · Profit −£80.9k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £328k), from the Companies House accounts bulk data published Jun 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.