Termon Holdings Ltd
Registered name: TERMON HOLDINGS LTD
Termon Holdings Ltd made £41.7m revenue and £2.7m profit in the year to 31 Mar 2025. read from filing text
Termon Holdings Ltd’s revenue grew 49% to £41.7m in the year to 31 Mar 2025, with £2.7m profit and 191 employees. The company is classified under “activities of head offices” and is based in Dungannon; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Dungannon, Northern Ireland
- Age
- 13 yrs · since 2012
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £25.3m | £32.3m | £28m | £41.7m |
| Cost of sales | £21.5m | £26.3m | £22.7m | £36.1m |
| Gross profit | £3.8m | £5.9m | £5.3m | £5.6m |
| Operating profit | £2m | £4.1m | £2.7m | £3m |
| Profit before tax | £1.8m | £4m | £3m | £3.5m |
| Profit after tax | £1.6m | £3.1m | £2.2m | £2.7m |
| Profit (best available) | £1.6m | £3.1m | £2.2m | £2.7m |
| Employees (average) | 59 | 88 | 117 | 191 |
| Ratios | ||||
| Profit margin | 6.3% | 9.8% | 8% | 6.4% |
| Gross margin | 15% | 18.4% | 18.8% | 13.5% |
| Revenue per employee | £429k | £367k | £239k | £219k |
| Profit per employee | £27.1k | £35.7k | £19k | £14k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲27.3% | ▼13.2% | ▲49% |
| Profit growth | — | ▲96.6% | ▼29.2% | ▲20.2% |
| Headcount growth | — | ▲49.1% | ▲33% | ▲63.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.7m | £3.9m | £4.3m | £4.9m |
| Net assets | £19.4m | £21.4m | £23.6m | £26m |
| Fixed assets | £7m | £7m | £7m | £7m |
| Current assets | £12.8m | £14.8m | £17m | £19.3m |
| Debtors | £0 | £0 | £0 | £0 |
| Deferred income | £8.3k | £8.3k | £8.3k | £8.3k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 6.4%
- Profit ÷ revenue.
- Gross margin
- 13.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £219k
- Revenue ÷ average employees.
- Profit per employee
- £14k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.7%
- 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
- ▲10%
- Now £26m
- Cash at bank
- ▲14%
- Now £4.9m
- Headcount
- ▲63%
- Now 191
- Deferred income
- 0%
- Now £8.3k
- Fixed assets
- 0%
- Now £7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (2)
- P.K. Murphy Construction LimitedRev. £41.1m · Profit £2.3m
- PK Murphy Developments LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.7m), 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.