TG Jones High Street Limited
Registered name: TG JONES HIGH STREET LIMITED
Part of Hay Wain Holdings Limited groupTG Jones High Street Limited made £404m revenue and a £166m loss in the year to 31 Aug 2024.
TG Jones High Street Limited’s revenue fell 4% to £404m in the year to 31 Aug 2024, with a loss of £166m and 5,476 employees. The company is classified under “retail sale of books in specialised stores” and is based in Swindon; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Swindon
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | |||
| Revenue (turnover) | £420m | £419m | £404m |
| Cost of sales | −£150m | −£152m | −£144m |
| Gross profit | £270m | £267m | £259m |
| Operating profit | £23.9m | −£14.1m | −£169m |
| Profit before tax | £20.7m | −£17.2m | −£172m |
| Profit after tax | £17.6m | −£22.1m | −£166m |
| Profit (best available) | £17.6m | −£22.1m | −£166m |
| Employees (average) | 6,288 | 6,318 | 5,476 |
| Ratios | |||
| Profit margin | 4.2% | −5.3% | −41.2% |
| Gross margin | 64.4% | 63.7% | 64.3% |
| Revenue per employee | £66.8k | £66.3k | £73.7k |
| Profit per employee | £2.8k | −£3.5k | −£30.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▼0.3% | ▼3.5% |
| Profit growth | — | ▼225.6% | — |
| Headcount growth | — | ▲0.5% | ▼13.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Apr 2024 | Accounts · bulk data Apr 2024 | Accounts · bulk data Jun 2025 |
How the business works
- Profit margin
- −41.2%
- Profit ÷ revenue.
- Gross margin
- 64.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £73.7k
- Revenue ÷ average employees.
- Profit per employee
- −£30.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼13%
- Now 5,476
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Hay Wain Holdings Limitedultimate parent75–100%
- Hay Wain Group Limited50–75%
- Modella Capital Limited75–100%
- Modella Capital Nominees Limited75–100%
- Modella Acquisition Co 4 Limited75–100%
- Modella Acquisition Co 5 Limited75–100%
- Modella Acquisition Co 8 Limited75–100%
- TG Jones Retail Holdings Limited75–100%
- TG Jones High Street Holdings Limited75–100%
- TG Jones High Street Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Card Market LimitedFigures not disclosed
- Modelzone LimitedFigures not disclosed
Sister companies (1)
- Books & Stationers LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Aug 2024 (profit −£166m), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.
Updated from Companies House on 20 Oct 2026