How much does Tarbed Limited make?

Tarbed Limited reported revenue of £11.4m and £22k profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Tarbed Limited have?

Tarbed Limited reported an average of 4 employees in the year to 31 Mar 2024.

Is Tarbed Limited profitable?

Yes — Tarbed Limited reported a profit of £22k in the year to 31 Mar 2024.

Company No. 06995481 · Incorporated 19 Aug 2009

Tarbed Limited

Registered name: TARBED LIMITED

Part of Codi Group Limited group

Tarbed Limited made £11.4m revenue and £22k profit in the year to 31 Mar 2024.

Tarbed Limited’s revenue grew 27% to £11.4m in the year to 31 Mar 2024, with £22k profit and 4 employees. The company is classified under “development of building projects” and is based in Newport; we hold 3 years of its filed accounts.

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

Status: Active
Location: Newport, Wales
Age: 17 yrs · since 2009
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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 2024

Key figures

Small team

Revenue

£11.4m

Growth ▲27.1%

Profit

£22k

Growth ▼47.1%

Profit margin

0.2%

Gross 5.8%

Employees

Change 0%

Profit / employee

£5.5k

Revenue/employee £2.8m

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£8.9m	£11.4m
Cost of sales	—	£8.5m	£10.7m
Gross profit	—	£495k	£664k
Operating profit	—	£75.9k	£95.2k
Profit before tax	—	£41.5k	£22k
Profit after tax	—	£41.5k	£22k
Profit (best available)	—	£41.5k	£22k
Employees (average)	4	4	4
Ratios
Profit margin	—	0.5%	0.2%
Gross margin	—	5.5%	5.8%
Revenue per employee	—	£2.2m	£2.8m
Profit per employee	—	£10.4k	£5.5k
Growth (year on year)
Revenue growth	—	—	▲27.1%
Profit growth	—	—	▼47.1%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£252k	£38k	£107k
Net assets	£7.6k	£7.6k	£7.6k
Current assets	£1.6m	£2m	£2.7m
Debtors	£11.6k	£26.9k	£0
Deferred income	—	£169k	£123k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Nov 2024

Derived from the latest filing

How the business works

Profit margin: 0.2%; Profit ÷ revenue.
Gross margin: 5.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.8m; Revenue ÷ average employees.
Profit per employee: £5.5k; 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: 1.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: 0%; Now £7.6k
Cash at bank: ▲181%; Now £107k
Headcount: 0%; Now 4
Deferred income: ▼28%; Now £123k
Fixed assets: —; Now —

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

Codi Group Limitedultimate parent75–100%
Tarbed Limitedthis company

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

Sister companies (1)

Codi Renewables LimitedRev. £324k · Profit −£315k

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £22k), from the Companies House accounts bulk data published Nov 2024. 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.