Tilly Bailey & Irvine LLP
Registered name: TILLY BAILEY & IRVINE LLP
Tilly Bailey & Irvine LLP made £14.8m revenue and £2.4m profit in the year to 31 Mar 2025.
Tilly Bailey & Irvine LLP’s revenue grew 9% to £14.8m in the year to 31 Mar 2025, with £2.4m profit and 213 employees. The company is based in Hartlepool; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hartlepool
- Age
- 21 yrs · since 2005
- Type
- Limited Liability Partnership
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £13.2m | £13.6m | £14.8m |
| Operating profit | £768k | £430k | £1.7m |
| Profit before tax | £1.2m | £1.6m | £2.4m |
| Profit after tax | £1.1m | £1.6m | £2.4m |
| Profit (best available) | £1.1m | £1.6m | £2.4m |
| Employees (average) | 219 | 210 | 213 |
| Ratios | |||
| Profit margin | 8.4% | 11.6% | 16.3% |
| Revenue per employee | £60.3k | £64.7k | £69.3k |
| Profit per employee | £5.1k | £7.5k | £11.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲2.9% | ▲8.7% |
| Profit growth | — | ▲41.3% | ▲52.6% |
| Headcount growth | — | ▼4.1% | ▲1.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 16.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £69.3k
- Revenue ÷ average employees.
- Profit per employee
- £11.3k
- 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 213
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (2)
- Tbi Investments (2021) LimitedRev. £50k · Profit −£29.6k
- Tbi Holdings LimitedRev. £0 · Profit −£6.2k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £2.4m), from the Companies House accounts bulk data published Oct 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.