How much does Thames Materials Limited make?

Thames Materials Limited reported revenue of £30m and £2.5m profit in the year to 31 Oct 2024, according to its accounts filed at Companies House.

How many employees does Thames Materials Limited have?

Thames Materials Limited reported an average of 85 employees in the year to 31 Oct 2024.

Is Thames Materials Limited profitable?

Yes — Thames Materials Limited reported a profit of £2.5m in the year to 31 Oct 2024.

Company No. 03045533 · Incorporated 12 Apr 1995

Thames Materials Limited

Registered name: THAMES MATERIALS LIMITED

Part of Holcim Participations (UK) Limited group

Thames 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.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

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.

Latest accounts · year to 31 Oct 2024

Key figures

Capital-lightBoring industryCash flow filed

Revenue

£30m

Growth ▼8.7%

Profit

£2.5m

Growth ▲113.2%

Profit margin

8.3%

Gross 19.2%

Employees

Change ▼8.6%

Profit / employee

£29.2k

Revenue/employee £354k

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 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

Derived from the latest filing

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.

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: ▲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.

Corporate ownership

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).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

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.