How much does T.S.T Cardiff Limited make?

T.S.T Cardiff Limited reported revenue of £16.7m and £1.4m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does T.S.T Cardiff Limited have?

T.S.T Cardiff Limited reported an average of 136 employees in the year to 31 Mar 2025.

Is T.S.T Cardiff Limited profitable?

Yes — T.S.T Cardiff Limited reported a profit of £1.4m in the year to 31 Mar 2025.

Company No. 03771433 · Incorporated 17 May 1999

T.S.T Cardiff Limited

Registered name: T.S.T CARDIFF LIMITED

Part of Avrc Ltd group

T.S.T Cardiff Limited made £16.7m revenue and £1.4m profit in the year to 31 Mar 2025. read from filing text

T.S.T Cardiff Limited’s revenue was £16.7m in the year to 31 Mar 2025, with £1.4m profit and 136 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Cardiff; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45200Maintenance and repair of motor vehicles

Status: Active
Location: Cardiff, Wales
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 intermediate parent undertaking is iRG Group Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightBoring industry

Revenue

£16.7m

Growth —

Profit

£1.4m

Growth —

Profit margin

8.2%

Gross 38.5%

Employees

136

Change —

Profit / employee

£10.1k

Revenue/employee £123k

Profitable streak

2yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	29 Dec 2022	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£18.9m	£21.6m	£32.1m	£16.7m
Cost of sales	£12.6m	£14.8m	£22.4m	£10.3m
Gross profit	£6.3m	£6.8m	£9.7m	£6.4m
Operating profit	−£744k	−£300k	£2.9m	£1.4m
Profit before tax	−£762k	−£332k	£2.8m	£1.4m
Profit after tax	−£607k	−£541k	£3.1m	£1.4m
Profit (best available)	−£607k	−£541k	£3.1m	£1.4m
Staff costs	£7.1m	£7.5m	£10.8m	£5.4m
Employees (average)	252	250	260	136
Ratios
Profit margin	−3.2%	−2.5%	9.7%	8.2%
Gross margin	33.2%	31.4%	30.1%	38.5%
Revenue per employee	£75k	£86.2k	£123k	£123k
Profit per employee	−£2.4k	−£2.2k	£11.9k	£10.1k
Growth (year on year)
Revenue growth	—	▲14%	—	—
Headcount growth	—	▼0.8%	—	—
Balance sheet — indirect signals, not revenue
Cash at bank	£636k	£494k	£109k	£392k
Net assets	£544k	£162k	£3.2m	£4.5m
Fixed assets	£1.5m	£1.7m	£921k	£926k
Current assets	£3.4m	£4m	£6.7m	£7.5m
Debtors	£1.1m	£997k	£804k	£1.2m
Deferred income	£831k	£608k	£251k	£0
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Oct 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 8.2%; Profit ÷ revenue.
Gross margin: 38.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £123k; Revenue ÷ average employees.
Profit per employee: £10.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.3%; 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 £4.5m
Cash at bank: —; Now £392k
Headcount: —; Now 136
Deferred income: —; Now £0
Fixed assets: —; Now £926k

Corporate ownership

Group structure

Ownership chain

Avrc Ltdultimate parent75–100%
Irg Group Limited75–100%
T.S.T Cardiff Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

T.S.T Cosmetic Repairs LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.4m), from the Companies House accounts bulk data published Dec 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.