Peter C. Thorold Limited
Registered name: PETER C. THOROLD LIMITED
Peter C. Thorold Limited made £15.2m revenue and £979k profit in the year to 30 Apr 2025. read from filing text
Peter C. Thorold Limited’s revenue grew 15% to £15.2m in the year to 30 Apr 2025, with £979k profit and 29 employees. The company is classified under “growing of vegetables and melons, roots and tubers” and is based in Spalding; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Spalding, East of England
- Age
- 27 yrs · since 1999
- 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. From the filing: “The ultimate controlling party is both Peter Thorold and Jacqueline Thorold by virtue of their equal shareholding in Peter C. Thorold Limited.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £13.2m | £15.2m |
| Cost of sales | — | — | £8.8m | £11m |
| Gross profit | — | — | £4.4m | £4.3m |
| Operating profit | — | — | £2.9m | £2m |
| Profit before tax | — | — | £2.3m | £1.3m |
| Profit after tax | — | — | £1.6m | £979k |
| Profit (best available) | — | — | £1.6m | £979k |
| Staff costs | — | — | £875k | £1.1m |
| Employees (average) | 22 | 23 | 25 | 29 |
| Ratios | ||||
| Profit margin | — | — | 12.5% | 6.4% |
| Gross margin | — | — | 33.6% | 28.1% |
| Revenue per employee | — | — | £529k | £525k |
| Profit per employee | — | — | £65.9k | £33.8k |
| Cash conversion | — | — | −88.2% | −160.9% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲15.3% |
| Profit growth | — | — | — | ▼40.6% |
| Headcount growth | — | ▲4.5% | ▲8.7% | ▲16% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £50k | £127k | £197k | £98.3k |
| Net assets | £2.1m | £1.7m | £3.4m | £4.3m |
| Fixed assets | £5.9m | £6.4m | £7.5m | £10m |
| Current assets | £3.6m | £4.3m | £4.9m | £5.8m |
| Debtors | £1.4m | £1.2m | £1.2m | £1.2m |
| Deferred income | — | — | £2k | £163k |
| Cash from operations | — | — | −£2.6m | −£3.2m |
| Source | AbridgedAccounts · bulk data Jan 2024 | AbridgedAccounts · bulk data Jan 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 6.4%
- Profit ÷ revenue.
- Gross margin
- 28.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £525k
- Revenue ÷ average employees.
- Profit per employee
- £33.8k
- Profit ÷ average employees.
- Cash conversion
- −160.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 65.6%
- 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
- 8.2%
- 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
- ▲28%
- Now £4.3m
- Cash at bank
- ▼50%
- Now £98.3k
- Headcount
- ▲16%
- Now 29
- Deferred income
- ▲8040%
- Now £163k
- Fixed assets
- ▲33%
- Now £10m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £979k), from the Companies House accounts bulk data published Jan 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.