How much does Thornco Co. Ltd make?

Thornco Co. Ltd reported revenue of £458k and £19.4k profit in the year to 28 Feb 2026, according to its accounts filed at Companies House.

How many employees does Thornco Co. Ltd have?

Thornco Co. Ltd reported an average of 2 employees in the year to 28 Feb 2026.

Is Thornco Co. Ltd profitable?

Yes — Thornco Co. Ltd reported a profit of £19.4k in the year to 28 Feb 2026.

Company No. 06509083 · Incorporated 19 Feb 2008

Thornco Co. Ltd

Registered name: THORNCO CO. LTD

Thornco Co. Ltd made £458k revenue and £19.4k profit in the year to 28 Feb 2026.

Thornco Co. Ltd’s revenue grew 12% to £458k in the year to 28 Feb 2026, with £19.4k profit and 2 employees. The company is classified under “construction of domestic buildings” and is based in Barking; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41202Construction of domestic buildings SIC 43290Other construction installation

Status: Active
Location: Barking, London
Age: 18 yrs · since 2008
Type: Private Limited Company

Latest accounts · year to 28 Feb 2026

Key figures

IndependentSmall teamCapital-light

Revenue

£458k

Growth ▲11.9%

Profit

£19.4k

Growth ▲7%

Profit margin

4.2%

Gross 26.7%

Employees

Change 0%

Profit / employee

£9.7k

Revenue/employee £229k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	29 Feb 2024	28 Feb 2025	28 Feb 2026
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£421k	£410k	£458k
Cost of sales	£269k	£249k	£336k
Gross profit	£152k	£161k	£122k
Profit before tax	£6.4k	£18.1k	£31.4k
Profit after tax	£6.4k	£18.1k	£19.4k
Profit (best available)	£6.4k	£18.1k	£19.4k
Employees (average)	2	2	2
Ratios
Profit margin	1.5%	4.4%	4.2%
Gross margin	36.2%	39.2%	26.7%
Revenue per employee	£211k	£205k	£229k
Profit per employee	£3.2k	£9.1k	£9.7k
Growth (year on year)
Revenue growth	—	▼2.7%	▲11.9%
Profit growth	—	▲183.4%	▲7%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£43.8k	£48.4k	£35.4k
Net assets	£65.4k	£63.5k	£45.9k
Fixed assets	£14.9k	£26.3k	£26.5k
Current assets	£53k	£55.1k	£55.4k
Debtors	£9.2k	£5.5k	£20k
Source	Accounts · bulk data Mar 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 4.2%; Profit ÷ revenue.
Gross margin: 26.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £229k; Revenue ÷ average employees.
Profit per employee: £9.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.4%; 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: ▼28%; Now £45.9k
Cash at bank: ▼27%; Now £35.4k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: ▲1%; Now £26.5k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2026 (profit £19.4k), from the Companies House accounts bulk data published Mar 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.