TT Cornwall LLP
Registered name: TT CORNWALL LLP
TT Cornwall LLP made £216k revenue and £47.2k profit in the year to 31 Mar 2025.
TT Cornwall LLP’s revenue grew 12% to £216k in the year to 31 Mar 2025, with £47.2k profit and 5 employees. The company is based in ST. Agnes; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- ST. Agnes, South West
- Age
- 4 yrs · since 2022
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. 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 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £150k | £192k | £216k |
| Cost of sales | £85.4k | £85.8k | £105k |
| Gross profit | £64.5k | £106k | £111k |
| Operating profit | £26.7k | £44.7k | £47.2k |
| Profit after tax | £26.7k | £44.7k | £47.2k |
| Profit (best available) | £26.7k | £44.7k | £47.2k |
| Employees (average) | 3 | 6 | 5 |
| Ratios | |||
| Profit margin | 17.8% | 23.3% | 21.8% |
| Gross margin | 43% | 55.3% | 51.6% |
| Revenue per employee | £50k | £32k | £43.2k |
| Profit per employee | £8.9k | £7.4k | £9.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲28.1% | ▲12.5% |
| Profit growth | — | ▲67.4% | ▲5.6% |
| Headcount growth | — | ▲100% | ▼16.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £33.9k | £42.4k | £53.3k |
| Net assets | — | — | — |
| Fixed assets | £19.7k | £15k | £10.4k |
| Current assets | £34.4k | £44.4k | £54.2k |
| Debtors | £265 | £1.5k | £674 |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 21.8%
- Profit ÷ revenue.
- Gross margin
- 51.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £43.2k
- Revenue ÷ average employees.
- Profit per employee
- £9.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- 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
- ▲26%
- Now £53.3k
- Headcount
- ▼17%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- ▼31%
- Now £10.4k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £47.2k), 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.