How much does Tonkin Products Limited make?

Tonkin Products Limited reported revenue of £26m and £890k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Tonkin Products Limited have?

Tonkin Products Limited reported an average of 30 employees in the year to 31 Mar 2025.

Is Tonkin Products Limited profitable?

Yes — Tonkin Products Limited reported a profit of £890k in the year to 31 Mar 2025.

Company No. 04644514 · Incorporated 22 Jan 2003

Tonkin Products Limited

Registered name: TONKIN PRODUCTS LIMITED

Tonkin Products Limited made £26m revenue and £890k profit in the year to 31 Mar 2025. read from filing text

Tonkin Products Limited’s revenue grew 10% to £26m in the year to 31 Mar 2025, with £890k profit and 30 employees. The company is classified under “other food services” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56290Other food services

Status: Active
Location: London, London
Age: 23 yrs · since 2003
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 G Whitlam by virtue of his majority shareholding.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£26m

Growth ▲9.6%

Profit

£890k

Growth ▲4.2%

Profit margin

3.4%

Gross 17.1%

Employees

Change ▲3.5%

Profit / employee

£29.7k

Revenue/employee £866k

Profitable streak

4yrs

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 Mar 2022	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	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£20.5m	£26.8m	£23.7m	£26m
Cost of sales	£16.9m	£24.4m	£19.7m	£21.5m
Gross profit	£3.6m	£2.4m	£4m	£4.5m
Operating profit	£1.6m	£396k	£1.2m	£1.1m
Profit before tax	£1.6m	£317k	£1.1m	£1.2m
Profit after tax	£1.4m	£351k	£855k	£890k
Profit (best available)	£1.4m	£351k	£855k	£890k
Staff costs	£1.1m	£1.2m	£1.6m	£1.8m
Employees (average)	25	30	29	30
Ratios
Profit margin	6.7%	1.3%	3.6%	3.4%
Gross margin	17.4%	8.9%	16.7%	17.1%
Revenue per employee	£819k	£893k	£818k	£866k
Profit per employee	£55k	£11.7k	£29.5k	£29.7k
Growth (year on year)
Revenue growth	—	▲30.8%	▼11.5%	▲9.6%
Profit growth	—	▼74.5%	▲143.7%	▲4.2%
Headcount growth	—	▲20%	▼3.3%	▲3.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£604k	£507k	£2.3m	£2.3m
Net assets	£3.4m	£3.4m	£3.9m	£4.4m
Fixed assets	£76.1k	£74.4k	£60.9k	£47.3k
Current assets	£6.9m	£6.1m	£6.6m	£7.4m
Debtors	£1.2m	£928k	£993k	£1.2m
Deferred income	£256k	£0	£24k	£23.9k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 3.4%; Profit ÷ revenue.
Gross margin: 17.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £866k; Revenue ÷ average employees.
Profit per employee: £29.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; 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: 4.6%; 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: ▲14%; Now £4.4m
Cash at bank: ▲3%; Now £2.3m
Headcount: ▲3%; Now 30
Deferred income: ▼0%; Now £23.9k
Fixed assets: ▼22%; Now £47.3k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £890k), 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.