Tristate UK Ltd
Registered name: TRISTATE UK LTD
Tristate UK Ltd made £3.2m revenue and £224k profit in the year to 31 Dec 2025.
Tristate UK Ltd’s revenue grew 20% to £3.2m in the year to 31 Dec 2025, with £224k profit and 5 employees. The company is classified under “retail sale of textiles in specialised stores” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- 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 | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £2.7m | £3.2m |
| Cost of sales | — | — | −£1.9m | −£2m |
| Gross profit | — | — | £824k | £1.3m |
| Operating profit | — | — | £163k | £370k |
| Profit before tax | — | — | £158k | £370k |
| Profit after tax | — | — | £158k | £224k |
| Profit (best available) | — | — | £158k | £224k |
| Employees (average) | 0 | 5 | 5 | 5 |
| Ratios | ||||
| Profit margin | — | — | 5.9% | 6.9% |
| Gross margin | — | — | 30.7% | 39.6% |
| Revenue per employee | — | — | £537k | £646k |
| Profit per employee | — | — | £31.5k | £44.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲20.3% |
| Profit growth | — | — | — | ▲42.3% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £154k | £204k | £779k | — |
| Net assets | −£85.6k | −£356k | −£82.3k | — |
| Fixed assets | £313k | £273k | £215k | — |
| Current assets | £416k | £825k | £1.8m | — |
| Debtors | £154k | £167k | £2.1k | — |
| Source | FilletedAccounts · bulk data May 2024 | FilletedAccounts · bulk data May 2024 | FilletedAccounts · bulk data May 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 6.9%
- Profit ÷ revenue.
- Gross margin
- 39.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £646k
- Revenue ÷ average employees.
- Profit per employee
- £44.9k
- 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
- 0%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £224k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.