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Company No. 11424168 · Incorporated 20 Jun 2018

Tough Limited

Registered name: TOUGH LIMITED

Tough Limited made £18.3m revenue and £1.1m profit in the year to 31 Mar 2025. read from filing text

Tough Limited’s revenue grew 84% to £18.3m in the year to 31 Mar 2025, with £1.1m profit and 202 employees. The company is classified under “operation of warehousing and storage facilities for land transport activities” and is based in Cardiff; we hold 4 years of its filed accounts.

Status
Active
Location
Cardiff, Wales
Age
8 yrs · since 2018
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightBoring industry
Revenue
£18.3m
Growth ▲83.6%
Profit
£1.1m
Growth ▲36.1%
Profit margin
5.8%
Gross 19.5%
Employees
202
Change ▲60.3%
Profit / employee
£5.3k
Revenue/employee £90.6k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£10.7m£9.9m£10m£18.3m
Cost of sales£6.9m£7.1m£7.4m£14.7m
Gross profit£3.8m£2.8m£2.6m£3.6m
Operating profit£2.7m£1.4m£1m£1.5m
Profit before tax£2.7m£1.4m£1m£1.4m
Profit after tax£2.2m£1.1m£780k£1.1m
Profit (best available)£2.2m£1.1m£780k£1.1m
Employees (average)131134126202
Ratios
Profit margin20.6%11.4%7.8%5.8%
Gross margin35.8%28.6%25.8%19.5%
Revenue per employee£81.6k£73.9k£79.1k£90.6k
Profit per employee£16.8k£8.4k£6.2k£5.3k
Growth (year on year)
Revenue growth—▼7.3%▲0.7%▲83.6%
Profit growth—▼48.9%▼30.8%▲36.1%
Headcount growth—▲2.3%▼6%▲60.3%
Balance sheet — indirect signals, not revenue
Cash at bank£410k£435k£485k£575k
Net assets£2.9m£3.6m£4m£4.1m
Fixed assets£1.1k£1.1k£1.1k£1.1k
Debtors£0£0£0£0
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
5.8%
Profit ÷ revenue.
Gross margin
19.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£90.6k
Revenue ÷ average employees.
Profit per employee
£5.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
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
▲2%
Now £4.1m
Cash at bank
▲19%
Now £575k
Headcount
▲60%
Now 202
Deferred income
—
Now —
Fixed assets
0%
Now £1.1k
Corporate ownership

Group structure

Subsidiaries (2)

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

Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.1m), 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.