TGM Industrial Group Ltd
Registered name: TGM INDUSTRIAL GROUP LTD
TGM Industrial Group Ltd made £15.1m revenue and £1.3m profit in the year to 31 Dec 2025. read from filing text
TGM Industrial Group Ltd’s revenue fell 22% to £15.1m in the year to 31 Dec 2025, with £1.3m profit and 128 employees. The company is classified under “other manufacturing” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £21.5m | £19.4m | £15.1m |
| Cost of sales | — | £14m | £12.6m | £9.9m |
| Gross profit | — | £7.4m | £6.8m | £5.3m |
| Operating profit | — | £1.5m | £2m | £1.7m |
| Profit before tax | — | £1.2m | £1.8m | £1.5m |
| Profit after tax | −£1m | £1.4m | £1.4m | £1.3m |
| Profit (best available) | −£1m | £1.4m | £1.4m | £1.3m |
| Employees (average) | 187 | 190 | 187 | 128 |
| Ratios | ||||
| Profit margin | — | 6.5% | 7.1% | 8.6% |
| Gross margin | — | 34.6% | 35.1% | 34.8% |
| Revenue per employee | — | £113k | £104k | £118k |
| Profit per employee | −£5.5k | £7.3k | £7.4k | £10.2k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼9.6% | ▼22% |
| Profit growth | — | — | ▼0.9% | ▼5.9% |
| Headcount growth | — | — | ▼1.6% | ▼31.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £11k | £15k | £44k | £38.8k |
| Net assets | −£5.9k | £10.6k | £49.6k | £4.3k |
| Fixed assets | £716 | £3.3m | £2.1m | £2.1m |
| Current assets | £30k | £41.8k | £85.1k | £48.5k |
| Debtors | £0 | £1.3k | £33.8k | £1.1k |
| Deferred income | £0 | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 8.6%
- Profit ÷ revenue.
- Gross margin
- 34.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £118k
- Revenue ÷ average employees.
- Profit per employee
- £10.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼91%
- Now £4.3k
- Cash at bank
- ▼12%
- Now £38.8k
- Headcount
- ▼32%
- Now 128
- Deferred income
- —
- Now £0
- Fixed assets
- ▼0%
- Now £2.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (4)
- Butler & Britannia Holdings LtdFigures not disclosed
- Fowler and Holden Holdings LtdFigures not disclosed
- PT Engineers Holdings LtdFigures not disclosed
- TGM Fasteners Holdings LtdFigures 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 31 Dec 2025 (profit £1.3m), from the Companies House accounts bulk data published Apr 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.