How much does T.C. Cornwell Limited make?

T.C. Cornwell Limited reported revenue of £14.9m and a loss of £573k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does T.C. Cornwell Limited have?

T.C. Cornwell Limited reported an average of 141 employees in the year to 31 Mar 2025.

Is T.C. Cornwell Limited profitable?

No — T.C. Cornwell Limited reported a loss of £573k in the year to 31 Mar 2025.

Company No. 03830379 · Incorporated 24 Aug 1999

T.C. Cornwell Limited

Registered name: T.C. CORNWELL LIMITED

T.C. Cornwell Limited made £14.9m revenue and a £573k loss in the year to 31 Mar 2025. read from filing text

T.C. Cornwell Limited’s revenue fell 5% to £14.9m in the year to 31 Mar 2025, with a loss of £573k and 141 employees. The company is classified under “buying and selling of own real estate” and is based in Newcastle; we hold 3 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68100Buying and selling of own real estate SIC 68209Other letting and operating of own or leased real estate

Status: Active
Location: Newcastle, West Midlands
Age: 27 yrs · since 1999
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

Independent

Revenue

£14.9m

Growth ▼5.2%

Profit

−£573k

Growth —

Profit margin

−3.9%

Gross 31.6%

Employees

141

Change ▼7.2%

Profit / employee

−£4.1k

Revenue/employee £105k

Profitable streak

0yrs

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 Mar 2023	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
Profit & loss
Revenue (turnover)	£13.3m	£15.7m	£14.9m
Cost of sales	£8.2m	£10.4m	£10.2m
Gross profit	£5.1m	£5.3m	£4.7m
Operating profit	£255k	£396k	−£363k
Profit before tax	£144k	£52.7k	−£693k
Profit after tax	£149k	−£45.2k	−£573k
Profit (best available)	£149k	−£45.2k	−£573k
Employees (average)	119	152	141
Ratios
Profit margin	1.1%	−0.3%	−3.9%
Gross margin	38.2%	33.9%	31.6%
Revenue per employee	£112k	£103k	£105k
Profit per employee	£1.3k	−£297	−£4.1k
Growth (year on year)
Revenue growth	—	▲17.9%	▼5.2%
Profit growth	—	▼130.2%	—
Headcount growth	—	▲27.7%	▼7.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£35.6k	£23.2k	£11.2k
Net assets	£2.4m	£2.5m	£2.4m
Fixed assets	£2.5m	£2.4m	£2m
Current assets	£182k	£259k	£588k
Debtors	£1.2k	£1.1k	£1.1k
Deferred income	£52.7k	£17k	£14.9k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −3.9%; Profit ÷ revenue.
Gross margin: 31.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £105k; Revenue ÷ average employees.
Profit per employee: −£4.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▼1%; Now £2.4m
Cash at bank: ▼52%; Now £11.2k
Headcount: ▼7%; Now 141
Deferred income: ▼12%; Now £14.9k
Fixed assets: ▼17%; Now £2m

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

Subsidiaries (1)

Cornwell's Chemists LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£573k), 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.