Three Cheers Pub Company Limited
Registered name: THREE CHEERS PUB COMPANY LIMITED
Three Cheers Pub Company Limited made £12.5m revenue and £736k profit in the year to 31 Mar 2024.
Three Cheers Pub Company Limited’s revenue grew 2% to £12.5m in the year to 31 Mar 2024, with £736k profit and 208 employees. The company is classified under “public houses and bars” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 21 yrs · since 2005
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £10.9m | £12.2m | £12.5m |
| Cost of sales | £3m | £3.6m | £3.6m |
| Gross profit | £7.9m | £8.7m | £8.9m |
| Operating profit | £2.1m | £1.2m | £1.4m |
| Profit before tax | £1.9m | £1.1m | £1.4m |
| Profit after tax | £795k | £709k | £736k |
| Profit (best available) | £795k | £709k | £736k |
| Staff costs | £3.5m | £3.9m | £4.1m |
| Employees (average) | 179 | 214 | 208 |
| Ratios | |||
| Profit margin | 7.3% | 5.8% | 5.9% |
| Gross margin | 72.3% | 70.9% | 70.9% |
| Revenue per employee | £61k | £57.2k | £60.2k |
| Profit per employee | £4.4k | £3.3k | £3.5k |
| Cash conversion | 144.7% | 304.4% | 91.4% |
| Growth (year on year) | |||
| Revenue growth | — | ▲12.1% | ▲2.2% |
| Profit growth | — | ▼10.9% | ▲3.8% |
| Headcount growth | — | ▲19.6% | ▼2.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.6m | £451k | £535k |
| Net assets | £3k | £3k | £3k |
| Fixed assets | £9.5m | £11m | £13.9m |
| Current assets | £3.1m | £1.3m | £986k |
| Debtors | £1.3m | £742k | £304k |
| Cash from operations | £3.1m | £3.6m | £1.3m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- 5.9%
- Profit ÷ revenue.
- Gross margin
- 70.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £60.2k
- Revenue ÷ average employees.
- Profit per employee
- £3.5k
- Profit ÷ average employees.
- Cash conversion
- 91.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 111.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.4%
- Money owed by customers. Low = customers pay quickly.
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
- 0%
- Now £3k
- Cash at bank
- ▲19%
- Now £535k
- Headcount
- ▼3%
- Now 208
- Deferred income
- —
- Now —
- Fixed assets
- ▲26%
- Now £13.9m
Group structure
Subsidiaries (10)
- The Abbeville Pub LimitedFigures not disclosed
- The Avalon Clapham LtdFigures not disclosed
- The Bolingbroke Pub LtdFigures not disclosed
- The Latchmere Pub LtdFigures not disclosed
- The Rosendale Freehold LimitedFigures not disclosed
- The Rosendale Pub LtdFigures not disclosed
- The Stonhouse Freehold LimitedFigures not disclosed
- The Stonhouse Pub LtdFigures not disclosed
- The Tommyfield Pub LimitedFigures not disclosed
- Three Cheers Management Company LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £736k), from the Companies House accounts bulk data published Nov 2024. Spotted an error? Request a correction.
Updated from Companies House on 14 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.