TDH Wheeler Limited
Registered name: TDH WHEELER LIMITED
TDH Wheeler Limited made £27.6m revenue and £2.6m profit in the year to 31 May 2025. read from filing text
TDH Wheeler Limited’s revenue grew 37% to £27.6m in the year to 31 May 2025, with £2.6m profit and 85 employees. The company is classified under “activities of other holding companies” and is based in Hailsham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hailsham, South East
- Age
- 8 yrs · since 2018
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 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) | £15.7m | £18.5m | £20.1m | £27.6m |
| Cost of sales | £12.7m | £14.7m | £16.4m | £21.1m |
| Gross profit | £3.1m | £3.8m | £3.7m | £6.5m |
| Operating profit | £566k | £960k | £1.1m | £3.6m |
| Profit before tax | £471k | £849k | £955k | £3.5m |
| Profit after tax | £295k | £743k | £730k | £2.6m |
| Profit (best available) | £295k | £743k | £730k | £2.6m |
| Employees (average) | 88 | 96 | 90 | 85 |
| Ratios | ||||
| Profit margin | 1.9% | 4% | 3.6% | 9.6% |
| Gross margin | 19.4% | 20.4% | 18.4% | 23.4% |
| Revenue per employee | £179k | £192k | £223k | £325k |
| Profit per employee | £3.3k | £7.7k | £8.1k | £31.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲17.4% | ▲8.8% | ▲37.2% |
| Profit growth | — | ▲152.3% | ▼1.8% | ▲263.1% |
| Headcount growth | — | ▲9.1% | ▼6.3% | ▼5.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £113k | £315k | £506k | £2.7m |
| Net assets | £1.1m | £1.6m | £2m | £3.5m |
| Fixed assets | £6.3m | £6.3m | £6.4m | £6.2m |
| Current assets | £164k | £385k | £639k | £3.1m |
| Debtors | £2.9k | £3.1k | £5.7k | £19.5k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 9.6%
- Profit ÷ revenue.
- Gross margin
- 23.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £325k
- Revenue ÷ average employees.
- Profit per employee
- £31.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 22.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▲71%
- Now £3.5m
- Cash at bank
- ▲436%
- Now £2.7m
- Headcount
- ▼6%
- Now 85
- Deferred income
- —
- Now —
- Fixed assets
- ▼4%
- Now £6.2m
Group structure
Subsidiaries (3)
- Wheeler Electrical LimitedRev. £23.9m · Profit £2.1m
- Farinet Associates LimitedFigures not disclosed
- Wheeler Mep LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £2.6m), 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.