How much does TSH-Co Limited make?

TSH-Co Limited reported revenue of £9.4m and £2.9m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does TSH-Co Limited have?

TSH-Co Limited reported an average of 85 employees in the year to 31 Dec 2025.

Is TSH-Co Limited profitable?

Yes — TSH-Co Limited reported a profit of £2.9m in the year to 31 Dec 2025.

Company No. 10253177 · Incorporated 27 Jun 2016

TSH-Co Limited

Registered name: TSH-CO LIMITED

TSH-Co Limited made £9.4m revenue and £2.9m profit in the year to 31 Dec 2025.

TSH-Co Limited’s revenue grew 6% to £9.4m in the year to 31 Dec 2025, with £2.9m profit and 85 employees. The company is classified under “other building completion and finishing” and is based in London; we hold 5 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43390Other building completion and finishing

Status: Active
Location: London, London
Age: 10 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentOperating leverageDoing more with less

Revenue

£9.4m

Growth ▲6.5%

Profit

£2.9m

Growth ▲309.6%

Profit margin

31.4%

Gross 93.4%

Employees

Change ▼15.8%

Profit / employee

£34.6k

Revenue/employee £110k

Profitable streak

5yrs

Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.7m	£5.9m	£7.4m	£8.8m	£9.4m
Cost of sales	£285k	£471k	−£488k	−£815k	−£623k
Gross profit	£4.4m	£5.5m	£6.9m	£8m	£8.8m
Operating profit	£1.8m	£1.5m	£5.6m	£2.9m	£5.7m
Profit before tax	£1.3m	£816k	£4.2m	£1.2m	£4.1m
Profit after tax	£1.2m	£369k	£3.1m	£718k	£2.9m
Profit (best available)	£1.2m	£369k	£3.1m	£718k	£2.9m
Employees (average)	53	69	72	101	85
Ratios
Profit margin	25.4%	6.2%	42.5%	8.2%	31.4%
Gross margin	93.9%	92%	93.4%	90.8%	93.4%
Revenue per employee	£88.5k	£85.9k	£103k	£87.3k	£110k
Profit per employee	£22.5k	£5.3k	£43.7k	£7.1k	£34.6k
Growth (year on year)
Revenue growth	—	▲26.3%	▲24.8%	▲19.2%	▲6.5%
Profit growth	—	▼69.1%	▲751.5%	▼77.1%	▲309.6%
Headcount growth	—	▲30.2%	▲4.3%	▲40.3%	▼15.8%
Balance sheet — indirect signals, not revenue
Net assets	£1	£1	—	—	—
Fixed assets	£3	£3	—	—	—
Deferred income	£0	£0	—	—	—
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	Accounts · bulk data Oct 2025	Accounts · bulk data Oct 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 31.4%; Profit ÷ revenue.
Gross margin: 93.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £110k; Revenue ÷ average employees.
Profit per employee: £34.6k; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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 —
Cash at bank: —; Now —
Headcount: ▼16%; Now 85
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (2)

Gemini Properties (UK) LimitedRev. — · Profit £901k
Gemini Residential Properties 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 accounts for the year to 31 Dec 2025 (profit £2.9m), from the Companies House accounts bulk data published Sep 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.