How much does Thomas Homes Limited make?

Thomas Homes Limited reported revenue of £1.8m and a loss of £419k in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does Thomas Homes Limited have?

Thomas Homes Limited reported an average of 7 employees in the year to 30 Sep 2025.

Is Thomas Homes Limited profitable?

No — Thomas Homes Limited reported a loss of £419k in the year to 30 Sep 2025.

Company No. 04676886 · Incorporated 25 Feb 2003

Thomas Homes Limited

Registered name: THOMAS HOMES LIMITED

Thomas Homes Limited made £1.8m revenue and a £419k loss in the year to 30 Sep 2025.

Thomas Homes Limited’s revenue fell 91% to £1.8m in the year to 30 Sep 2025, with a loss of £419k and 7 employees. The company is classified under “development of building projects” and is based in Southampton; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects

Status: Active
Location: Southampton, South East
Age: 23 yrs · since 2003
Type: Private Limited Company

Latest accounts · year to 30 Sep 2025

Key figures

IndependentSmall teamCapital-lightCash flow filed

Revenue

£1.8m

Growth ▼90.5%

Profit

−£419k

Growth ▼133.1%

Profit margin

−23.7%

Gross −80.1%

Employees

Change ▼46.2%

Profit / employee

−£59.9k

Revenue/employee £253k

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	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£13.8m	£12m	£18.7m	£1.8m
Cost of sales	£10.3m	£11.8m	£17.2m	£3.2m
Gross profit	£3.5m	£248k	£1.5m	−£1.4m
Operating profit	£2.5m	−£976k	£821k	−£1.6m
Profit before tax	£2.4m	−£835k	£1.7m	−£545k
Profit after tax	£1.9m	−£691k	£1.3m	−£419k
Profit (best available)	£1.9m	−£691k	£1.3m	−£419k
Staff costs	£1.3m	£1.5m	£981k	£413k
Employees (average)	22	21	13	7
Ratios
Profit margin	14.1%	−5.7%	6.8%	−23.7%
Gross margin	25%	2.1%	8.2%	−80.1%
Revenue per employee	£627k	£572k	£1.4m	£253k
Profit per employee	£88.1k	−£32.9k	£97.6k	−£59.9k
Cash conversion	57.1%	—	2023%	—
Growth (year on year)
Revenue growth	—	▼12.9%	▲55.9%	▼90.5%
Profit growth	—	▼135.6%	—	▼133.1%
Headcount growth	—	▼4.5%	▼38.1%	▼46.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£19m	£10.3m	£26.5m	£23.7m
Net assets	£35.7m	£35m	£36.3m	£31.9m
Fixed assets	£15.3k	£15.7k	£9.6k	£835
Current assets	£39.6m	£38.8m	£37.7m	£32.6m
Debtors	£622k	£1.3m	£19k	£1.5k
Deferred income	£435k	£164k	£97.7k	£22k
Cash from operations	£1.4m	−£8.7m	£16.6m	£142k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: −23.7%; Profit ÷ revenue.
Gross margin: −80.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £253k; Revenue ÷ average employees.
Profit per employee: −£59.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; 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: ▼12%; Now £31.9m
Cash at bank: ▼11%; Now £23.7m
Headcount: ▼46%; Now 7
Deferred income: ▼78%; Now £22k
Fixed assets: ▼91%; Now £835

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)

Thomas LtdFigures 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 30 Sep 2025 (profit −£419k), from the Companies House accounts bulk data published Jan 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.