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Company No. 02978651 · Incorporated 10 Oct 1994

Thrive Renewables PLC

Registered name: THRIVE RENEWABLES PLC

Thrive Renewables PLC made £20.7m revenue and £2.8m profit in the year to 31 Dec 2025.

Thrive Renewables PLC’s revenue fell 20% to £20.7m in the year to 31 Dec 2025, with £2.8m profit and 27 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Bristol; we hold 3 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 64999Financial intermediation not elsewhere classified
Status
Active
Location
Bristol, South West
Age
32 yrs · since 1994
Type
Public Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2025

Key figures

Independent
Revenue
£20.7m
Growth ▼20.1%
Profit
£2.8m
Growth ▼71.9%
Profit margin
13.7%
Gross 48.6%
Employees
27
Change ▲17.4%
Profit / employee
£105k
Revenue/employee £766k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£29m£25.9m£20.7m
Cost of sales−£8.3m−£10.2m−£10.6m
Gross profit£20.7m£15.6m£10m
Operating profit£13.6m£11.3m£3.6m
Profit before tax£12.5m£12.5m£3.5m
Profit after tax£9.5m£10.1m£2.8m
Profit (best available)£9.5m£10.1m£2.8m
Employees (average)—2327
Ratios
Profit margin32.8%39%13.7%
Gross margin71.5%60.4%48.6%
Revenue per employee—£1.1m£766k
Profit per employee—£439k£105k
Growth (year on year)
Revenue growth—▼10.8%▼20.1%
Profit growth—▲6.1%▼71.9%
Headcount growth——▲17.4%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Jul 2025Accounts · bulk data Jul 2025Accounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
13.7%
Profit ÷ revenue.
Gross margin
48.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£766k
Revenue ÷ average employees.
Profit per employee
£105k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
—
Now —
Cash at bank
—
Now —
Headcount
▲17%
Now 27
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Subsidiaries (13)

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit £2.8m), from the Companies House accounts bulk data published Jul 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.