Thoric Solutions Ltd.
Registered name: THORIC SOLUTIONS LTD.
Thoric Solutions Ltd. made £880 revenue and a £5.9k loss in the year to 31 May 2025.
Thoric Solutions Ltd.’s revenue grew 340% to £880 in the year to 31 May 2025, with a loss of £5.9k and 0 employees. The company is classified under “business and domestic software development” and is based in Stanley; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Stanley, North East
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £1.2k | £200 | £880 |
| Profit after tax | — | −£6.4k | −£4.3k | −£5.9k |
| Profit (best available) | — | −£6.4k | −£4.3k | −£5.9k |
| Staff costs | — | £0 | £0 | £0 |
| Employees (average) | — | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | — | −556.3% | −2162% | −673.4% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼82.6% | ▲340% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £14.1k | £7.4k | £3.1k | −£2.7k |
| Fixed assets | £28k | £22.1k | £17.9k | £0 |
| Current assets | £1k | £164 | £88 | £843 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −673.4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- ▼189%
- Now −£2.7k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼100%
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit −£5.9k), from the Companies House accounts bulk data published Jan 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.