How much does TSP Fulfilment Ltd make?

TSP Fulfilment Ltd reported revenue of £9.7m and a loss of £95.4k in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does TSP Fulfilment Ltd have?

TSP Fulfilment Ltd reported an average of 63 employees in the year to 30 Sep 2025.

Is TSP Fulfilment Ltd profitable?

No — TSP Fulfilment Ltd reported a loss of £95.4k in the year to 30 Sep 2025.

Company No. 04519389 · Incorporated 27 Aug 2002

TSP Fulfilment Ltd

Registered name: TSP FULFILMENT LTD

TSP Fulfilment Ltd made £9.7m revenue and a £95.4k loss in the year to 30 Sep 2025.

TSP Fulfilment Ltd’s revenue fell 12% to £9.7m in the year to 30 Sep 2025, with a loss of £95.4k and 63 employees. The company is classified under “operation of warehousing and storage facilities for land transport activities” and is based in Gateshead; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52103Operation of warehousing and storage facilities for land transport activities

Status: Active
Location: Gateshead, North East
Age: 24 yrs · since 2002
Type: Private Limited Company

Latest accounts · year to 30 Sep 2025

Key figures

IndependentBoring industryCash flow filed

Revenue

£9.7m

Growth ▼12.3%

Profit

−£95.4k

Growth ▼106.7%

Profit margin

−1%

Gross 43.3%

Employees

Change ▼13.7%

Profit / employee

−£1.5k

Revenue/employee £154k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023	30 Sep 2024	30 Sep 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£11.1m	£9.7m
Cost of sales	—	—	£5.2m	£5.5m
Gross profit	—	—	£5.9m	£4.2m
Operating profit	—	—	£1.8m	−£163k
Profit before tax	—	—	£1.9m	−£119k
Profit after tax	—	—	£1.4m	−£95.4k
Profit (best available)	—	—	£1.4m	−£95.4k
Staff costs	—	—	£2.4m	£2.4m
Employees (average)	65	70	73	63
Ratios
Profit margin	—	—	12.9%	−1%
Gross margin	—	—	53.6%	43.3%
Revenue per employee	—	—	£152k	£154k
Profit per employee	—	—	£19.6k	−£1.5k
Cash conversion	—	—	−130.9%	—
Growth (year on year)
Revenue growth	—	—	—	▼12.3%
Profit growth	—	—	—	▼106.7%
Headcount growth	—	▲7.7%	▲4.3%	▼13.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£1m	£1.5m	£2.1m	£1.2m
Net assets	£1.2m	£2.8m	£3.9m	£3.5m
Fixed assets	£839k	£1.1m	£1.3m	£1.4m
Current assets	£2.3m	£3.7m	£5m	£4.7m
Debtors	£539k	£937k	£853k	£790k
Deferred income	—	—	£276k	£212k
Cash from operations	—	—	−£2.4m	−£557k
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: −1%; Profit ÷ revenue.
Gross margin: 43.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £154k; Revenue ÷ average employees.
Profit per employee: −£1.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.1%; 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: ▼10%; Now £3.5m
Cash at bank: ▼42%; Now £1.2m
Headcount: ▼14%; Now 63
Deferred income: ▼23%; Now £212k
Fixed assets: ▲2%; Now £1.4m

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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit −£95.4k), from the Companies House accounts bulk data published Jun 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.