How much does Thomas Halliwell Limited make?

Thomas Halliwell Limited reported revenue of £3.5m and £113k profit in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does Thomas Halliwell Limited have?

Thomas Halliwell Limited reported an average of 10 employees in the year to 28 Feb 2025.

Is Thomas Halliwell Limited profitable?

Yes — Thomas Halliwell Limited reported a profit of £113k in the year to 28 Feb 2025.

Company No. 08393227 · Incorporated 7 Feb 2013

Thomas Halliwell Limited

Registered name: THOMAS HALLIWELL LIMITED

Thomas Halliwell Limited made £3.5m revenue and £113k profit in the year to 28 Feb 2025.

Thomas Halliwell Limited’s revenue grew 52% to £3.5m in the year to 28 Feb 2025, with £113k profit and 10 employees. The company is classified under “electrical installation” and is based in Oldham; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active
Location: Oldham, North West
Age: 13 yrs · since 2013
Type: Private Limited Company

Latest accounts · year to 28 Feb 2025

Key figures

IndependentCapital-lightOperating leverageBoring industry

Revenue

£3.5m

Growth ▲52.1%

Profit

£113k

Growth ▲65.5%

Profit margin

3.2%

Gross 31.6%

Employees

Change 0%

Profit / employee

£11.3k

Revenue/employee £354k

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	28 Feb 2022	28 Feb 2023	29 Feb 2024	28 Feb 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.6m	£3.1m	£2.3m	£3.5m
Cost of sales	£1.8m	£2.2m	£1.5m	£2.4m
Gross profit	£804k	£914k	£858k	£1.1m
Operating profit	£125k	£163k	£41.3k	£81.7k
Profit before tax	£122k	£161k	£36.7k	£77.7k
Profit after tax	£97.7k	£127k	£68.4k	£113k
Profit (best available)	£97.7k	£127k	£68.4k	£113k
Employees (average)	7	10	10	10
Ratios
Profit margin	3.8%	4.1%	2.9%	3.2%
Gross margin	31.4%	29.2%	36.9%	31.6%
Revenue per employee	£366k	£313k	£232k	£354k
Profit per employee	£14k	£12.7k	£6.8k	£11.3k
Growth (year on year)
Revenue growth	—	▲22.3%	▼25.7%	▲52.1%
Profit growth	—	▲30.4%	▼46.3%	▲65.5%
Headcount growth	—	▲42.9%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£137k	£286k	£345k	£259k
Net assets	£268k	£395k	£463k	£571k
Fixed assets	£70.1k	£144k	£133k	£152k
Current assets	£600k	£592k	£663k	£765k
Debtors	£448k	£204k	£256k	£483k
Deferred income	£97.8k	£24k	£3k	£3.3k
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 3.2%; Profit ÷ revenue.
Gross margin: 31.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £354k; Revenue ÷ average employees.
Profit per employee: £11.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.7%; 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: ▲23%; Now £571k
Cash at bank: ▼25%; Now £259k
Headcount: 0%; Now 10
Deferred income: ▲8%; Now £3.3k
Fixed assets: ▲14%; Now £152k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £113k), from the Companies House accounts bulk data published Nov 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.