Thames Materials Limited
Registered name: THAMES MATERIALS LIMITED
Part of Holcim Participations (UK) Limited groupThames Materials Limited made £30m revenue and £2.5m profit in the year to 31 Oct 2024.
Thames Materials Limited’s revenue fell 9% to £30m in the year to 31 Oct 2024, with £2.5m profit and 85 employees. The company is classified under “freight transport by road” and is based in Coalville; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Coalville, East Midlands
- Age
- 31 yrs · since 1995
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £33.8m | £32.9m | £30m |
| Cost of sales | £26m | £24.4m | £24.3m |
| Gross profit | £7.8m | £8.5m | £5.8m |
| Operating profit | £4.4m | £2m | £2.4m |
| Profit before tax | £4.3m | £1.8m | £3.5m |
| Profit after tax | £3.4m | £1.2m | £2.5m |
| Profit (best available) | £3.4m | £1.2m | £2.5m |
| Staff costs | £4.5m | £4.8m | £4.4m |
| Employees (average) | 82 | 93 | 85 |
| Ratios | |||
| Profit margin | 10.1% | 3.5% | 8.3% |
| Gross margin | 23% | 25.8% | 19.2% |
| Revenue per employee | £412k | £354k | £354k |
| Profit per employee | £41.4k | £12.5k | £29.2k |
| Cash conversion | −138.5% | −380.3% | −495.3% |
| Growth (year on year) | |||
| Revenue growth | — | ▼2.6% | ▼8.7% |
| Profit growth | — | ▼65.8% | ▲113.2% |
| Headcount growth | — | ▲13.4% | ▼8.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £10.2m | £11.1m | £16.7m |
| Net assets | £30.9m | £32m | £34.4m |
| Fixed assets | £755k | £636k | £660k |
| Current assets | £38.8m | £42.8m | £47.6m |
| Debtors | £9.6m | £7.2m | £6.3m |
| Deferred income | £193k | £194k | £323k |
| Cash from operations | −£6.1m | −£7.7m | −£11.8m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- 8.3%
- Profit ÷ revenue.
- Gross margin
- 19.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £354k
- Revenue ÷ average employees.
- Profit per employee
- £29.2k
- Profit ÷ average employees.
- Cash conversion
- −495.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21%
- 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
- ▲7%
- Now £34.4m
- Cash at bank
- ▲50%
- Now £16.7m
- Headcount
- ▼9%
- Now 85
- Deferred income
- ▲67%
- Now £323k
- Fixed assets
- ▲4%
- Now £660k
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
- Holcim Participations (UK) Limitedultimate parent75–100%
- Holcim UK Holdings 1 Limited75–100%
- Holcim UK Holdings 2 Limited75–100%
- Holcim UK Limited75–100%
- Thames Materials Holdings Limited75–100%
- Thames Materials Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £2.5m), from the Companies House accounts bulk data published Jul 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.