How much does Tinware Direct Limited make?

Tinware Direct Limited reported revenue of £7.1m and £547k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Tinware Direct Limited have?

Tinware Direct Limited reported an average of 29 employees in the year to 31 Dec 2025.

Is Tinware Direct Limited profitable?

Yes — Tinware Direct Limited reported a profit of £547k in the year to 31 Dec 2025.

Company No. 04222223 · Incorporated 23 May 2001

Tinware Direct Limited

Registered name: TINWARE DIRECT LIMITED

Tinware Direct Limited made £7.1m revenue and £547k profit in the year to 31 Dec 2025. read from filing text

Tinware Direct Limited’s revenue was £7.1m in the year to 31 Dec 2025, with £547k profit and 29 employees. The company is classified under “packaging activities” and is based in Bedford; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82920Packaging activities

Status: Active
Location: Bedford, South East
Age: 25 yrs · since 2001
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-light

Revenue

£7.1m

Growth —

Profit

£547k

Growth —

Profit margin

7.8%

Gross 42.4%

Employees

Change —

Profit / employee

£18.9k

Revenue/employee £243k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	30 Jun 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£6.4m	£9.7m	£7.1m
Cost of sales	—	£4.3m	£5.8m	£4.1m
Gross profit	—	£2.1m	£3.8m	£3m
Operating profit	—	£468k	£765k	£749k
Profit before tax	—	£448k	£722k	£729k
Profit after tax	—	£350k	£533k	£547k
Profit (best available)	—	£350k	£533k	£547k
Employees (average)	26	26	26	29
Ratios
Profit margin	—	5.4%	5.5%	7.8%
Gross margin	—	32.7%	39.6%	42.4%
Revenue per employee	—	£247k	£372k	£243k
Profit per employee	—	£13.4k	£20.5k	£18.9k
Growth (year on year)
Headcount growth	—	0%	—	—
Balance sheet — indirect signals, not revenue
Cash at bank	£345k	£887k	£620k	£937k
Net assets	£1.1m	£1.2m	£1.3m	£1.3m
Fixed assets	£127k	£111k	£89.4k	£132k
Current assets	£2.1m	£2m	£2.2m	£2.3m
Debtors	£260k	£145k	£176k	£96.5k
Deferred income	£101k	£95.2k	£140k	£55.6k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 7.8%; Profit ÷ revenue.
Gross margin: 42.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £243k; Revenue ÷ average employees.
Profit per employee: £18.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.4%; 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 £1.3m
Cash at bank: —; Now £937k
Headcount: —; Now 29
Deferred income: —; Now £55.6k
Fixed assets: —; Now £132k

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)

Mill Barn Packaging 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 Dec 2025 (profit £547k), from the Companies House accounts bulk data published Sep 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.