Thomas Tunnock Limited
Registered name: THOMAS TUNNOCK LIMITED
Thomas Tunnock Limited made £87.7m revenue and £502k profit in the year to 22 Feb 2025. read from filing text
Thomas Tunnock Limited’s revenue grew 1% to £87.7m in the year to 22 Feb 2025, with £502k profit and 653 employees. The company is classified under “other manufacturing”; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Scotland
- Age
- 74 yrs · since 1952
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The Tunnock family are the ultimate controlling party by virtue of their shareholding.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 26 Feb 2022 | 24 Feb 2023 | 25 Feb 2023 | 24 Feb 2024 | 22 Feb 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 | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £72.1m | £75.8m | £75.8m | £87.1m | £87.7m |
| Cost of sales | £49.8m | £56.6m | £56.6m | £63.8m | £68.1m |
| Gross profit | £22.3m | £19.2m | £19.2m | £23.2m | £19.7m |
| Operating profit | £5.5m | £753k | £753k | £3.9m | £540k |
| Profit before tax | £5.5m | £1m | £1m | £4.1m | £841k |
| Profit after tax | £3.7m | £771k | £771k | £3.1m | £502k |
| Profit (best available) | £3.7m | £771k | £771k | £3.1m | £502k |
| Staff costs | £22.1m | £22.8m | £22.8m | £23.9m | £24.3m |
| Employees (average) | 678 | 683 | 683 | 694 | 653 |
| Ratios | |||||
| Profit margin | 5.1% | 1% | 1% | 3.5% | 0.6% |
| Gross margin | 30.9% | 25.4% | 25.4% | 26.7% | 22.4% |
| Revenue per employee | £106k | £111k | £111k | £125k | £134k |
| Profit per employee | £5.4k | £1.1k | £1.1k | £4.4k | £768 |
| Cash conversion | −169.4% | −426.5% | −426.5% | −162.3% | −123.3% |
| Growth (year on year) | |||||
| Revenue growth | — | ▲5.2% | — | ▲14.8% | ▲0.8% |
| Profit growth | — | ▼79% | — | ▲296.2% | ▼83.6% |
| Headcount growth | — | ▲0.7% | — | ▲1.6% | ▼5.9% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £10.4m | £10.6m | £10.6m | £12.7m | £10.6m |
| Net assets | £56.8m | £56.5m | £56.5m | £58.6m | £58.1m |
| Fixed assets | £36.6m | £34.9m | £34.9m | £34.1m | £32.3m |
| Current assets | £28.3m | £31.2m | £31.2m | £34.1m | £33.8m |
| Debtors | £9.2m | £10.8m | £10.8m | £11.1m | £11.2m |
| Deferred income | £2.7m | £3.8m | £3.8m | £2.4m | £1.7m |
| Cash from operations | −£9.3m | −£3.2m | −£3.2m | −£6.3m | −£666k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 0.6%
- Profit ÷ revenue.
- Gross margin
- 22.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £134k
- Revenue ÷ average employees.
- Profit per employee
- £768
- Profit ÷ average employees.
- Cash conversion
- −123.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 36.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.8%
- 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
- ▼1%
- Now £58.1m
- Cash at bank
- ▼17%
- Now £10.6m
- Headcount
- ▼6%
- Now 653
- Deferred income
- ▼28%
- Now £1.7m
- Fixed assets
- ▼5%
- Now £32.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (4)
- Bothwell Biscuit Company LimitedFigures not disclosed
- Bothwell Chocolate Company LimitedFigures not disclosed
- Uddingston Biscuit Company LimitedFigures not disclosed
- Uddingston Chocolate Company LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 22 Feb 2025 (profit £502k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Updated from Companies House on 13 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.