TM Wholesale Limited
Registered name: TM WHOLESALE LIMITED
Part of Tariq Rashid groupTM Wholesale Limited made £8.5m revenue and £3.3m profit in the year to 31 Aug 2025.
TM Wholesale Limited’s revenue was £8.5m in the year to 31 Aug 2025, with £3.3m profit and 23 employees. The company is classified under “non-specialised wholesale trade” and is based in Ashton-Under-Lyne; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Ashton-Under-Lyne, North West
- Age
- 10 yrs · since 2016
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2021 | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | — | — | £0 | £8.5m |
| Cost of sales | — | — | — | — | £2.4m |
| Gross profit | — | — | — | £0 | £6.1m |
| Operating profit | — | — | — | £0 | £3.3m |
| Profit before tax | — | — | — | £0 | £3.3m |
| Profit after tax | — | — | — | £0 | £3.3m |
| Profit (best available) | — | — | — | £0 | £3.3m |
| Employees (average) | 3 | 5 | 7 | 10 | 23 |
| Ratios | |||||
| Profit margin | — | — | — | — | 38.9% |
| Gross margin | — | — | — | — | 71.7% |
| Revenue per employee | — | — | — | £0 | £370k |
| Profit per employee | — | — | — | £0 | £144k |
| Growth (year on year) | |||||
| Headcount growth | — | ▲66.7% | ▲40% | ▲42.9% | ▲130% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | — | — | — | — | £398k |
| Net assets | £32.8k | £147k | £259k | £345k | £2.6m |
| Fixed assets | £0 | £102k | £160k | £202k | £1.4m |
| Current assets | £0 | £97.9k | £134k | £165k | £1.2m |
| Debtors | — | — | — | — | £524k |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 38.9%
- Profit ÷ revenue.
- Gross margin
- 71.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £370k
- Revenue ÷ average employees.
- Profit per employee
- £144k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.2%
- 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
- ▲664%
- Now £2.6m
- Cash at bank
- —
- Now £398k
- Headcount
- ▲130%
- Now 23
- Deferred income
- —
- Now —
- Fixed assets
- ▲594%
- Now £1.4m
Group structure
Ownership chain
- Tariq Rashid (registered outside the UK register)ultimate parent75–100%
- TM Wholesale Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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- Profit
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- Staff
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- D S L Group (Nottingham) LimitedAnnesley, Nottingham · Non-specialised wholesale trade
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £3.3m), 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.