How much does Throgmorton Mechanical & Electrical Services Limited make?

Throgmorton Mechanical & Electrical Services Limited reported revenue of £10.7m and a loss of £1.1m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Throgmorton Mechanical & Electrical Services Limited have?

Throgmorton Mechanical & Electrical Services Limited reported an average of 19 employees in the year to 31 Dec 2024.

Company No. 09142884 · Incorporated 22 Jul 2014

Throgmorton Mechanical & Electrical Services Limited

Q: Is Throgmorton Mechanical & Electrical Services Limited profitable?

No — Throgmorton Mechanical & Electrical Services Limited reported a loss of £1.1m in the year to 31 Dec 2024.

Registered name: THROGMORTON MECHANICAL & ELECTRICAL SERVICES LIMITED

Part of Pollitt Holdings Limited group

Throgmorton Mechanical & Electrical Services Limited made £10.7m revenue and a £1.1m loss in the year to 31 Dec 2024.

Throgmorton Mechanical & Electrical Services Limited’s revenue grew 62% to £10.7m in the year to 31 Dec 2024, with a loss of £1.1m and 19 employees. The company is classified under “construction of commercial buildings” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings

Status: Liquidation
Location: London, London
Age: 12 yrs · since 2014
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 Dec 2024

Key figures

Capital-light

Revenue

£10.7m

Growth ▲62%

Profit

−£1.1m

Growth —

Profit margin

−10.1%

Gross 6%

Employees

Change ▲5.6%

Profit / employee

−£56.6k

Revenue/employee £561k

Profitable streak

0yrs

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 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.6m	£10.7m
Cost of sales	£6.3m	£10m
Gross profit	£314k	£635k
Operating profit	−£293k	−£1.1m
Profit before tax	−£296k	−£1.1m
Profit after tax	−£371k	−£1.1m
Profit (best available)	−£371k	−£1.1m
Employees (average)	18	19
Ratios
Profit margin	−5.6%	−10.1%
Gross margin	4.8%	6%
Revenue per employee	£365k	£561k
Profit per employee	−£20.6k	−£56.6k
Growth (year on year)
Revenue growth	—	▲62%
Headcount growth	—	▲5.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£148k	£327k
Net assets	−£274k	−£1.3m
Fixed assets	£117k	£345k
Current assets	£2.3m	£2.4m
Debtors	£673k	£1m
Deferred income	£1.6m	£2m
Source	FullAccounts · bulk data Apr 2026	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: −10.1%; Profit ÷ revenue.
Gross margin: 6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £561k; Revenue ÷ average employees.
Profit per employee: −£56.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 18.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.7%; 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: —; Now −£1.3m
Cash at bank: ▲121%; Now £327k
Headcount: ▲6%; Now 19
Deferred income: ▲22%; Now £2m
Fixed assets: ▲195%; Now £345k

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

Pollitt Holdings Limitedultimate parent75–100%
Throgmorton Mechanical & Electrical Services Limitedthis company

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

Sister companies (3)

Borough Engineering Services LimitedRev. £93.7m · Profit £1.2m
Omni Air LimitedFigures not disclosed
Pollitt Developments Holdings LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.1m), from the Companies House accounts bulk data published Apr 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.