How much does Subcoal Production TSP Ltd make?

Subcoal Production TSP Ltd reported revenue of £31.1m and a loss of £3.4m in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does Subcoal Production TSP Ltd have?

Subcoal Production TSP Ltd reported an average of 73 employees in the year to 30 Sep 2025.

Is Subcoal Production TSP Ltd profitable?

No — Subcoal Production TSP Ltd reported a loss of £3.4m in the year to 30 Sep 2025.

Company No. 10767029 · Incorporated 12 May 2017

Subcoal Production TSP Ltd

Registered name: SUBCOAL PRODUCTION TSP LTD

Part of TSP Assetco Limited group

Subcoal Production TSP Ltd made £31.1m revenue and a £3.4m loss in the year to 30 Sep 2025.

Subcoal Production TSP Ltd’s revenue grew 20% to £31.1m in the year to 30 Sep 2025, with a loss of £3.4m and 73 employees. The company is classified under “manufacture of other plastic products” and is based in Dartford; we hold 5 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22290Manufacture of other plastic products

Status: Active
Location: Dartford, South East
Age: 9 yrs · since 2017
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.

Latest accounts · year to 30 Sep 2025

Key figures

Revenue

£31.1m

Growth ▲19.9%

Profit

−£3.4m

Growth —

Profit margin

−11.1%

Gross 63%

Employees

Change ▲5.8%

Profit / employee

−£47.2k

Revenue/employee £426k

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.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	30 Sep 2023	30 Sep 2024	30 Sep 2025
Disclosure	Profit only	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£13.7m	£17.1m	£25.9m	£31.1m
Cost of sales	—	£5m	£5.6m	£8.7m	£11.5m
Gross profit	—	£8.8m	£11.5m	£17.2m	£19.6m
Operating profit	—	−£6.4m	−£42.6k	−£1.1m	−£881k
Profit before tax	—	−£9.9m	−£3.4m	−£5.7m	−£5.9m
Profit after tax	−£6.5m	−£8.8m	−£2.8m	−£5.7m	−£3.4m
Profit (best available)	−£6.5m	−£8.8m	−£2.8m	−£5.7m	−£3.4m
Staff costs	—	£2.7m	£2.5m	£3.3m	£4m
Employees (average)	34	68	67	69	73
Ratios
Profit margin	—	−63.8%	−16.2%	−22.1%	−11.1%
Gross margin	—	63.8%	67.1%	66.3%	63%
Revenue per employee	—	£202k	£255k	£376k	£426k
Profit per employee	−£192k	−£129k	−£41.2k	−£83.1k	−£47.2k
Growth (year on year)
Revenue growth	—	—	—	—	▲19.9%
Headcount growth	—	▲100%	—	—	▲5.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£66.2k	£493k	£368k	£1m	£595k
Net assets	−£13.9m	−£22.7m	−£25.4m	−£31.2m	−£34.6m
Fixed assets	£18.1m	£19.9m	£19.8m	£18.2m	£16.9m
Current assets	£7.5m	£11.9m	£16m	£13.5m	£23.4m
Debtors	£1.5m	£1.7m	£2.2m	£1.9m	£2.4m
Deferred income	£634k	£921k	£729k	£1.5m	£1.3m
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data May 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: −11.1%; Profit ÷ revenue.
Gross margin: 63%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £426k; Revenue ÷ average employees.
Profit per employee: −£47.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 54.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.8%; 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 −£34.6m
Cash at bank: ▼43%; Now £595k
Headcount: ▲6%; Now 73
Deferred income: ▼12%; Now £1.3m
Fixed assets: ▼7%; Now £16.9m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

TSP Assetco Limitedultimate parent75–100%
N&P TSP Holdings Ltd75–100%
Subcoal Production TSP Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

N&P UK Production Holding LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit −£3.4m), from the Companies House accounts bulk data published Feb 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.