How much does TH UK & Ireland Limited make?

TH UK & Ireland Limited reported revenue of £87.9m and a loss of £15m in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does TH UK & Ireland Limited have?

TH UK & Ireland Limited reported an average of 2,218 employees in the year to 31 Dec 2022.

Is TH UK & Ireland Limited profitable?

No — TH UK & Ireland Limited reported a loss of £15m in the year to 31 Dec 2022.

Company No. 10303138 · Incorporated 29 Jul 2016

TH UK & Ireland Limited

Registered name: TH UK & IRELAND LIMITED

TH UK & Ireland Limited made £87.9m revenue and a £15m loss in the year to 31 Dec 2022.

TH UK & Ireland Limited’s revenue grew 91% to £87.9m in the year to 31 Dec 2022, with a loss of £15m and 2,218 employees. The company is classified under “unlicensed restaurants and cafes” and is based in Egham; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56102Unlicensed restaurants and cafes

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

Latest accounts · year to 31 Dec 2022

Key figures

IndependentCash flow filed

Revenue

£87.9m

Growth ▲91%

Profit

−£15m

Growth —

Profit margin

−17%

Gross 8.4%

Employees

2,218

Change ▲114.7%

Profit / employee

−£6.8k

Revenue/employee £39.7k

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 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£46m	£87.9m
Cost of sales	£39.9m	£80.6m
Gross profit	£6.1m	£7.4m
Profit before tax	−£3.1m	−£15.2m
Profit after tax	−£2.7m	−£15m
Profit (best available)	−£2.7m	−£15m
Staff costs	£16.8m	£31.5m
Employees (average)	1,033	2,218
Ratios
Profit margin	−5.8%	−17%
Gross margin	13.3%	8.4%
Revenue per employee	£44.6k	£39.7k
Profit per employee	−£2.6k	−£6.8k
Growth (year on year)
Revenue growth	—	▲91%
Headcount growth	—	▲114.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£6.6m
Net assets	£32.5m	£52.5m
Fixed assets	£34.8m	£62.1m
Current assets	£11.7m	£16.7m
Debtors	£1.5m	£2.7m
Cash from operations	−£1.7m	−£4.7m
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: −17%; Profit ÷ revenue.
Gross margin: 8.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £39.7k; Revenue ÷ average employees.
Profit per employee: −£6.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 70.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.1%; 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: ▲62%; Now £52.5m
Cash at bank: ▲210%; Now £6.6m
Headcount: ▲115%; Now 2,218
Deferred income: —; Now —
Fixed assets: ▲79%; Now £62.1m

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2022 (profit −£15m), from the Companies House accounts bulk data published Feb 2024. 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.