R. Thompson & Son (Armagh) Limited
Registered name: R. THOMPSON & SON (ARMAGH) LIMITED
R. Thompson & Son (Armagh) Limited made £69.1m revenue and £4.1m profit in the year to 31 Dec 2025. read from filing text
R. Thompson & Son (Armagh) Limited’s revenue grew 39% to £69.1m in the year to 31 Dec 2025, with £4.1m profit and 64 employees. The company is classified under “wholesale of dairy products, eggs and edible oils and fats” and is based in Co Armagh; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Co Armagh, Northern Ireland
- Age
- 59 yrs · since 1967
- 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 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £43.4m | £49.6m | £69.1m |
| Cost of sales | £38.4m | £44.7m | £62.2m |
| Gross profit | £5m | £4.9m | £6.9m |
| Operating profit | £3.6m | £3.2m | £4.2m |
| Profit before tax | £3.7m | £3.3m | £4.2m |
| Profit after tax | £2.8m | £2.5m | £4.1m |
| Profit (best available) | £2.8m | £2.5m | £4.1m |
| Staff costs | £1.5m | £1.8m | £2.2m |
| Employees (average) | 53 | 55 | 64 |
| Ratios | |||
| Profit margin | 6.4% | 5% | 6% |
| Gross margin | 11.5% | 9.8% | 10% |
| Revenue per employee | £818k | £902k | £1.1m |
| Profit per employee | £52.4k | £44.9k | £64.6k |
| Cash conversion | −85% | −100.4% | −83.6% |
| Growth (year on year) | |||
| Revenue growth | — | ▲14.5% | ▲39.2% |
| Profit growth | — | ▼11.1% | ▲67.4% |
| Headcount growth | — | ▲3.8% | ▲16.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5.4m | £4.3m | £5.1m |
| Net assets | £9.9m | £12.3m | £16.3m |
| Fixed assets | £2.9m | £8.4m | £10.1m |
| Current assets | £13.5m | £13.6m | £16.6m |
| Debtors | £6.4m | £7.6m | £9.3m |
| Deferred income | £176k | £160k | £146k |
| Cash from operations | −£3.1m | −£3.2m | −£3.5m |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 6%
- Profit ÷ revenue.
- Gross margin
- 10%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.1m
- Revenue ÷ average employees.
- Profit per employee
- £64.6k
- Profit ÷ average employees.
- Cash conversion
- −83.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.5%
- 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
- ▲32%
- Now £16.3m
- Cash at bank
- ▲19%
- Now £5.1m
- Headcount
- ▲16%
- Now 64
- Deferred income
- ▼9%
- Now £146k
- Fixed assets
- ▲21%
- Now £10.1m
Similar profitable businesses
- G. & M. Paul LimitedSheffield · Wholesale of dairy products, eggs and edible oils and fats
- Revenue
- £69.8m
- Profit
- £1.2m
- Staff
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- J. S. Bailey LimitedStoke on Trent · Wholesale of dairy products, eggs and edible oils and fats
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- Eggsell LimitedDriffield · Wholesale of dairy products, eggs and edible oils and fats
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- ST Ewe Free Range Eggs LimitedTruro · Wholesale of dairy products, eggs and edible oils and fats
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- £50.9m
- Profit
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- Delamere Dairy LimitedKnutsford · Wholesale of dairy products, eggs and edible oils and fats
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- Silbury Marketing LimitedBanbury · Wholesale of dairy products, eggs and edible oils and fats
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £4.1m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 22 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.