How much does Thirsty Work Limited make?

Thirsty Work Limited reported revenue of £12.2m and £1.7m profit in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does Thirsty Work Limited have?

Thirsty Work Limited reported an average of 120 employees in the year to 30 Sep 2025.

Is Thirsty Work Limited profitable?

Yes — Thirsty Work Limited reported a profit of £1.7m in the year to 30 Sep 2025.

Company No. 07125158 · Incorporated 14 Jan 2010

Thirsty Work Limited

Registered name: THIRSTY WORK LIMITED

Part of Hexagon Holdings Limited group

Thirsty Work Limited made £12.2m revenue and £1.7m profit in the year to 30 Sep 2025.

Thirsty Work Limited’s revenue grew 30% to £12.2m in the year to 30 Sep 2025, with £1.7m profit and 120 employees. The company is classified under “wholesale of fruit and vegetable juices, mineral water and soft drinks” and is based in Exeter; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46341Wholesale of fruit and vegetable juices, mineral water and soft drinks SIC 96090Other service activities n.e.c.

Status: Active
Location: Exeter, South West
Age: 16 yrs · since 2010
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. From the filing: “Hexagon Holdings Limited”

Latest accounts · year to 30 Sep 2025

Key figures

Operating leverage

Revenue

£12.2m

Growth ▲30.2%

Profit

£1.7m

Growth ▲74.5%

Profit margin

13.8%

Gross 58.9%

Employees

120

Change ▲23.7%

Profit / employee

£14k

Revenue/employee £102k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023	30 Sep 2024	30 Sep 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.2m	£7.6m	£9.4m	£12.2m
Cost of sales	£2.3m	£3.2m	£4m	£5m
Gross profit	£3.9m	£4.4m	£5.4m	£7.2m
Operating profit	£824k	£1.3m	£1.5m	£2.4m
Profit before tax	£447k	£964k	£1.2m	£2.1m
Profit after tax	£429k	£1.1m	£960k	£1.7m
Profit (best available)	£429k	£1.1m	£960k	£1.7m
Staff costs	£2.1m	£2.4m	£3.1m	£4.1m
Employees (average)	76	83	97	120
Ratios
Profit margin	6.9%	14.8%	10.3%	13.8%
Gross margin	62.6%	58.1%	57.5%	58.9%
Revenue per employee	£81.5k	£92k	£96.5k	£102k
Profit per employee	£5.6k	£13.6k	£9.9k	£14k
Growth (year on year)
Revenue growth	—	▲23.3%	▲22.6%	▲30.2%
Profit growth	—	▲163.1%	▼14.9%	▲74.5%
Headcount growth	—	▲9.2%	▲16.9%	▲23.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£278k	£822k	£308k	£961k
Net assets	£1.8m	£1.8m	£2.4m	£3.5m
Fixed assets	£6.6m	£5.5m	£6.6m	£7.6m
Current assets	£4.9m	£5.3m	£4.3m	£5.7m
Debtors	£1.2m	£1.4m	£1.8m	£2.2m
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 13.8%; Profit ÷ revenue.
Gross margin: 58.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £102k; Revenue ÷ average employees.
Profit per employee: £14k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 62.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.8%; 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: ▲50%; Now £3.5m
Cash at bank: ▲212%; Now £961k
Headcount: ▲24%; Now 120
Deferred income: —; Now —
Fixed assets: ▲15%; Now £7.6m

Corporate ownership

Group structure

Ownership chain

Hexagon Holdings Limitedultimate parent75–100%
Thirsty Work Limitedthis company

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

Subsidiaries (2)

Sun Water Coolers Ltd.Figures not disclosed
Thirsty Work Watercoolers LimitedFigures not disclosed

Sister companies (1)

Hexagon Holdings Property Group LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £1.7m), from the Companies House accounts bulk data published Jun 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.