Thermal Transfer Technology Limited
Registered name: THERMAL TRANSFER TECHNOLOGY LIMITED
Thermal Transfer Technology Limited made £10.3m revenue and £489k profit in the year to 30 Sep 2025.
Thermal Transfer Technology Limited’s revenue grew 18% to £10.3m in the year to 30 Sep 2025, with £489k profit and 101 employees. The company is classified under “manufacture of other fabricated metal products” and is based in County Durham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- County Durham, North East
- Age
- 34 yrs · since 1992
- 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 | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £8.3m | £8.6m | £8.8m | £10.3m |
| Cost of sales | £6.5m | £6.3m | £6.8m | £7.5m |
| Gross profit | £1.8m | £2.3m | £2m | £2.8m |
| Operating profit | £187k | £270k | £162k | £713k |
| Profit before tax | £151k | £220k | £112k | £669k |
| Profit after tax | £108k | £143k | £70.6k | £489k |
| Profit (best available) | £108k | £143k | £70.6k | £489k |
| Staff costs | £2.3m | £2.7m | £2.8m | £3.3m |
| Employees (average) | 89 | 98 | 96 | 101 |
| Ratios | ||||
| Profit margin | 1.3% | 1.7% | 0.8% | 4.7% |
| Gross margin | 21.2% | 27% | 22.7% | 27.1% |
| Revenue per employee | £93k | £87.6k | £91.2k | £102k |
| Profit per employee | £1.2k | £1.5k | £736 | £4.8k |
| Cash conversion | 262.4% | −184.7% | −58.8% | −174.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲3.7% | ▲2% | ▲17.9% |
| Profit growth | — | ▲32.3% | ▼50.5% | ▲592.4% |
| Headcount growth | — | ▲10.1% | ▼2% | ▲5.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £292k | £400k | £413k | £889k |
| Net assets | £3.1m | £3.3m | £3.4m | £3.8m |
| Fixed assets | £795k | £867k | £728k | £1.2m |
| Current assets | £4.7m | £4.5m | £4.8m | £5.2m |
| Debtors | £2m | £1.5m | £2.3m | £2.5m |
| Cash from operations | £490k | −£498k | −£94.9k | −£1.2m |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 4.7%
- Profit ÷ revenue.
- Gross margin
- 27.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £102k
- Revenue ÷ average employees.
- Profit per employee
- £4.8k
- Profit ÷ average employees.
- Cash conversion
- −174.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 11.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 24.1%
- 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
- ▲15%
- Now £3.8m
- Cash at bank
- ▲115%
- Now £889k
- Headcount
- ▲5%
- Now 101
- Deferred income
- —
- Now —
- Fixed assets
- ▲68%
- Now £1.2m
Group structure
Subsidiaries (2)
- Enluco LimitedFigures not disclosed
- Thermal Transfer LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £489k), 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.