TGL Holdings Limited
Registered name: TGL HOLDINGS LIMITED
Part of Toureen Trustees Limited groupTGL Holdings Limited made £142m revenue and £11.7m profit in the year to 31 Jul 2025.
TGL Holdings Limited’s revenue fell 8% to £142m in the year to 31 Jul 2025, with £11.7m profit and 188 employees. The company is classified under “activities of other holding companies” and is based in Harrow; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Harrow, London
- Age
- 7 yrs · since 2019
- 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 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £167m | £154m | £142m |
| Cost of sales | −£146m | −£129m | −£111m |
| Gross profit | £21.5m | £25.8m | £30.6m |
| Operating profit | £8.5m | £11.1m | £17m |
| Profit before tax | £8.4m | £11.3m | £14.7m |
| Profit after tax | £6.6m | £8.8m | £11.7m |
| Profit (best available) | £6.6m | £8.8m | £11.7m |
| Employees (average) | 209 | 187 | 188 |
| Ratios | |||
| Profit margin | 4% | 5.7% | 8.3% |
| Gross margin | 12.9% | 16.7% | 21.6% |
| Revenue per employee | £800k | £826k | £754k |
| Profit per employee | £31.6k | £47.2k | £62.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▼7.6% | ▼8.2% |
| Profit growth | — | ▲33.7% | ▲33% |
| Headcount growth | — | ▼10.5% | ▲0.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 | Accounts · bulk data May 2026 |
How the business works
- Profit margin
- 8.3%
- Profit ÷ revenue.
- Gross margin
- 21.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £754k
- Revenue ÷ average employees.
- Profit per employee
- £62.4k
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲1%
- Now 188
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Toureen Trustees Limitedultimate parent50–75%
- TGL Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Toureen Group LimitedRev. £142m · Profit £11.2m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Jul 2025 (profit £11.7m), from the Companies House accounts bulk data published May 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.