How much does Tithegrove Limited make?

Tithegrove Limited reported revenue of £43.5m and £1.4m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Tithegrove Limited have?

Tithegrove Limited reported an average of 151 employees in the year to 31 Mar 2025.

Is Tithegrove Limited profitable?

Yes — Tithegrove Limited reported a profit of £1.4m in the year to 31 Mar 2025.

Company No. 01802721 · Incorporated 23 Mar 1984

Tithegrove Limited

Registered name: TITHEGROVE LIMITED

Part of Tithegrove Holdings Limited group

Tithegrove Limited made £43.5m revenue and £1.4m profit in the year to 31 Mar 2025.

Tithegrove Limited’s revenue fell 2% to £43.5m in the year to 31 Mar 2025, with £1.4m profit and 151 employees. The company is classified under “construction of domestic buildings” and is based in Swindon; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41202Construction of domestic buildings SIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Swindon, South West
Age: 42 yrs · since 1984
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 31 Mar 2025

Key figures

Capital-lightCash flow filed

Revenue

£43.5m

Growth ▼2%

Profit

£1.4m

Growth ▲90.4%

Profit margin

3.1%

Gross 15.8%

Employees

151

Change ▼15.2%

Profit / employee

£9.1k

Revenue/employee £288k

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 to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£46.2m	£53.1m	£44.4m	£43.5m
Cost of sales	£39.2m	£45.1m	£38.1m	£36.7m
Gross profit	£7m	£8m	£6.3m	£6.9m
Operating profit	£1.4m	£2.1m	£937k	£1.5m
Profit before tax	£1.2m	£2m	£980k	£1.5m
Profit after tax	£1m	£1.6m	£718k	£1.4m
Profit (best available)	£1m	£1.6m	£718k	£1.4m
Staff costs	£10.4m	£10.8m	£9.6m	£8.5m
Employees (average)	204	205	178	151
Ratios
Profit margin	2.2%	3.1%	1.6%	3.1%
Gross margin	15.1%	15%	14.3%	15.8%
Revenue per employee	£227k	£259k	£250k	£288k
Profit per employee	£4.9k	£7.9k	£4k	£9.1k
Cash conversion	−230.7%	−114.5%	242.9%	−372.5%
Growth (year on year)
Revenue growth	—	▲14.9%	▼16.3%	▼2%
Profit growth	—	▲62.3%	▼55.9%	▲90.4%
Headcount growth	—	▲0.5%	▼13.2%	▼15.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.3m	£6.3m	£2.9m	£8.1m
Net assets	£2.6m	£4.2m	£4.9m	£6.3m
Fixed assets	£1.3m	£1.6m	£1.7m	£1.5m
Current assets	£14.4m	£15.5m	£15.5m	£21.2m
Debtors	£4.9m	£4.6m	£4.7m	£4.5m
Deferred income	£5.3m	£6.1m	£2.9m	£3.3m
Cash from operations	−£3.2m	−£2.4m	£2.3m	−£5.5m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 3.1%; Profit ÷ revenue.
Gross margin: 15.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £288k; Revenue ÷ average employees.
Profit per employee: £9.1k; Profit ÷ average employees.
Cash conversion: −372.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.3%; 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: ▲28%; Now £6.3m
Cash at bank: ▲176%; Now £8.1m
Headcount: ▼15%; Now 151
Deferred income: ▲14%; Now £3.3m
Fixed assets: ▼12%; Now £1.5m

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

Ownership chain

Tithegrove Holdings Limitedultimate parent75–100%
Tithegrove Limitedthis company

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

Sister companies (1)

Marshgate Enterprises LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.4m), 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.