Texo Group Limited
Registered name: TEXO GROUP LIMITED
Part of Trad Properties LLP groupTexo Group Limited made £239k profit in the year to 30 Nov 2024 (revenue not disclosed).
Texo Group Limited reported £239k profit in the year to 30 Nov 2024, up 200% on the year before; its revenue was not disclosed. It had 161 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Witham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Witham, East of England
- Age
- 8 yrs · since 2018
- 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
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2021 | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | £4.5m | £19.4m | £47.4m | — |
| Cost of sales | £0 | £14.7m | £39m | — |
| Gross profit | £4.5m | £4.7m | £8.4m | — |
| Operating profit | −£106k | −£4.3m | −£65.3k | — |
| Profit before tax | −£10.5m | −£5.3m | −£98k | — |
| Profit after tax | −£10.5m | −£5.3m | £79.8k | £239k |
| Profit (best available) | −£10.5m | −£5.3m | £79.8k | £239k |
| Staff costs | £3.6m | £6.4m | £7.7m | — |
| Employees (average) | 56 | 98 | 126 | 161 |
| Ratios | ||||
| Profit margin | −234.6% | −27.4% | 0.2% | — |
| Gross margin | 100% | 24.1% | 17.7% | — |
| Revenue per employee | £80.1k | £197k | £376k | — |
| Profit per employee | −£188k | −£54k | £634 | £1.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲331.4% | ▲145.1% | — |
| Profit growth | — | — | — | ▲199.5% |
| Headcount growth | — | ▲75% | ▲28.6% | ▲27.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £840k | £2.8m | £943k | £3.2m |
| Net assets | £2.4m | −£2.9m | £3.7m | £3.2m |
| Fixed assets | £461k | £2.8m | £3.3m | £3.6m |
| Current assets | — | £12.9m | £24.4m | £21.8m |
| Debtors | £0 | £4.4m | £8.8m | £9.5m |
| Deferred income | £308k | £3.2m | £6.4m | £4.5m |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £1.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼13%
- Now £3.2m
- Cash at bank
- ▲235%
- Now £3.2m
- Headcount
- ▲28%
- Now 161
- Deferred income
- ▼29%
- Now £4.5m
- Fixed assets
- ▲6%
- Now £3.6m
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
- Trad Properties LLPultimate parent75–100%
- Gapsun Properties Limited75–100%
- Texo Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (8)
- Texo Asset Integrity LimitedFigures not disclosed
- Texo Dsi LimitedFigures not disclosed
- Texo Engineering LimitedFigures not disclosed
- Texo Fabrication LimitedFigures not disclosed
- Texo Port Services LimitedFigures not disclosed
- Texo Recruitment LimitedFigures not disclosed
- Texo Special Projects LtdFigures not disclosed
- Texo Workspace Solutions LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £239k), from the Companies House accounts bulk data published Aug 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.