Thameswey Limited
Registered name: THAMESWEY LIMITED
Part of Woking Borough Council groupThameswey Limited made £34.5m revenue and a £49.2m loss in the year to 31 Mar 2025.
Thameswey Limited’s revenue was £34.5m in the year to 31 Mar 2025, with a loss of £49.2m and 70 employees. The company is classified under “activities of head offices” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 27 yrs · since 1999
- Type
- Private 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.
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 Dec 2021 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | £34.5m |
| Cost of sales | — | — | — | −£17.6m |
| Gross profit | — | — | — | £16.9m |
| Operating profit | — | — | — | −£27.2m |
| Profit before tax | — | — | — | −£49.2m |
| Profit after tax | −£8.2m | −£16.3m | −£28.4k | −£49.2m |
| Profit (best available) | −£8.2m | −£16.3m | −£28.4k | −£49.2m |
| Employees (average) | 0 | 0 | 0 | 70 |
| Ratios | ||||
| Profit margin | — | — | — | −142.8% |
| Gross margin | — | — | — | 48.9% |
| Revenue per employee | — | — | — | £492k |
| Profit per employee | — | — | — | −£703k |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £49.9k | £50.9k | £72.5k | — |
| Net assets | £18.6m | £2.2m | £2.2m | — |
| Fixed assets | £18.4m | £2.1m | £2.1m | — |
| Current assets | £369k | £366k | £574k | — |
| Debtors | £0 | £1 | £0 | — |
| Deferred income | £14.5k | £29.2k | £40.4k | — |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | Accounts · bulk data Apr 2026 |
How the business works
- Profit margin
- −142.8%
- Profit ÷ revenue.
- Gross margin
- 48.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £492k
- Revenue ÷ average employees.
- Profit per employee
- −£703k
- 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.
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
- —
- Now 70
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Woking Borough Council (registered outside the UK register)ultimate parent75–100%
- Thameswey Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (9)
- Thameswey Developments LimitedRev. £74.3m · Profit £1.2m
- Thameswey Housing LimitedRev. £13.9m · Profit −£121m
- Thameswey Sustainable Communities LimitedRev. £8m · Profit £84.6k
- Thameswey Energy LimitedRev. £7.6m · Profit −£3.2m
- Thameswey Maintenance Services LimitedLiquidationRev. £3.5k · Profit −£983
- Thameswey Commercial LimitedFigures not disclosed
- Thameswey Housing Management LimitedFigures not disclosed
- Thameswey Maybury Lodge LimitedFigures not disclosed
- Thameswey Solar LimitedLiquidationRev. — · Profit −£870
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit −£49.2m), from the Companies House accounts bulk data published Apr 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.