How much does This Works Products Limited make?

This Works Products Limited reported revenue of £16.6m and £144k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does This Works Products Limited have?

This Works Products Limited reported an average of 35 employees in the year to 31 Mar 2025.

Is This Works Products Limited profitable?

Yes — This Works Products Limited reported a profit of £144k in the year to 31 Mar 2025.

Company No. 06959060 · Incorporated 10 Jul 2009

This Works Products Limited

Registered name: THIS WORKS PRODUCTS LIMITED

Part of Inspirit Management Limited group

This Works Products Limited made £16.6m revenue and £144k profit in the year to 31 Mar 2025.

This Works Products Limited’s revenue grew 6% to £16.6m in the year to 31 Mar 2025, with £144k profit and 35 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: London, London
Age: 17 yrs · since 2009
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.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightDoing more with less

Revenue

£16.6m

Growth ▲6.1%

Profit

£144k

Growth ▼83.4%

Profit margin

0.9%

Gross 63.5%

Employees

Change ▼5.4%

Profit / employee

£4.1k

Revenue/employee £473k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.6m	£16.6m
Cost of sales	£6.1m	£6.1m
Gross profit	£9.5m	£10.5m
Operating profit	£954k	£238k
Profit before tax	£863k	£144k
Profit after tax	£863k	£144k
Profit (best available)	£863k	£144k
Staff costs	£2.9m	£3m
Employees (average)	37	35
Ratios
Profit margin	5.5%	0.9%
Gross margin	60.9%	63.5%
Revenue per employee	£422k	£473k
Profit per employee	£23.3k	£4.1k
Growth (year on year)
Revenue growth	—	▲6.1%
Profit growth	—	▼83.4%
Headcount growth	—	▼5.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£1.8m
Net assets	£4.6m	£4.7m
Fixed assets	£307k	£661k
Current assets	£9.8m	£10.8m
Debtors	£1.1m	£1.2m
Deferred income	£1.8m	£1.6m
Source	FullAccounts · bulk data Oct 2025	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 0.9%; Profit ÷ revenue.
Gross margin: 63.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £473k; Revenue ÷ average employees.
Profit per employee: £4.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 9.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.4%; 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: ▲3%; Now £4.7m
Cash at bank: ▲26%; Now £1.8m
Headcount: ▼5%; Now 35
Deferred income: ▼12%; Now £1.6m
Fixed assets: ▲116%; Now £661k

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

Ownership chain

Inspirit Management Limitedultimate parent75–100%
Inspirit GP LLP75–100%
Inspirit Lavender Holdco Limited50–75%
Inspirit Lavender Bidco Limited75–100%
TWP UK Holdings Limited75–100%
This Works Products Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

TWP IP LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £144k), from the Companies House accounts bulk data published Oct 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.