Tristone Group Ltd
Registered name: TRISTONE GROUP LTD
Part of Tristone Investment Group groupTristone Group Ltd made £31.3m revenue and a £1.8m loss in the year to 31 Mar 2025. read from filing text
Tristone Group Ltd’s revenue grew 18% to £31.3m in the year to 31 Mar 2025, with a loss of £1.8m and 638 employees. The company is classified under “activities of venture and development capital companies” and is based in Sale; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Sale, North West
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £13.4m | £19m | £26.5m | £31.3m |
| Cost of sales | £8.5m | £11.7m | £16.7m | £20.6m |
| Gross profit | £4.9m | £7.3m | £9.8m | £10.7m |
| Operating profit | £1.1m | £1.5m | £2.4m | £1.8m |
| Profit before tax | £11.7k | −£966k | −£732k | −£1.7m |
| Profit after tax | −£115k | −£1.1m | −£797k | −£1.8m |
| Profit (best available) | −£115k | −£1.1m | −£797k | −£1.8m |
| Employees (average) | 287 | 482 | 562 | 638 |
| Ratios | ||||
| Profit margin | −0.9% | −5.7% | −3% | −5.7% |
| Gross margin | 36.8% | 38.5% | 37% | 34.2% |
| Revenue per employee | £46.8k | £39.5k | £47.2k | £49.1k |
| Profit per employee | −£400 | −£2.3k | −£1.4k | −£2.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲41.7% | ▲39.2% | ▲18.2% |
| Headcount growth | — | ▲67.9% | ▲16.6% | ▲13.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £14.4k | £20.7k | £2.4k | £10.3k |
| Net assets | £344k | −£53.1k | £30.2k | £484k |
| Fixed assets | £48.7k | £48.2k | £47.8k | £510k |
| Current assets | £482k | £52.6k | £145k | £126k |
| Debtors | £0 | £0 | £0 | £0 |
| Deferred income | £4.8k | £4.8k | £11.9k | £9.5k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −5.7%
- Profit ÷ revenue.
- Gross margin
- 34.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £49.1k
- Revenue ÷ average employees.
- Profit per employee
- −£2.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲1503%
- Now £484k
- Cash at bank
- ▲329%
- Now £10.3k
- Headcount
- ▲14%
- Now 638
- Deferred income
- ▼20%
- Now £9.5k
- Fixed assets
- ▲966%
- Now £510k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Tristone Investment Group (registered outside the UK register)ultimate parent50–75%
- Tristone Group Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- TC Eatl Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£1.8m), from the Companies House accounts bulk data published Dec 2025. 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.