How much does Thomas Johnstone Limited make?

Thomas Johnstone Limited reported revenue of £74.1m and £2.1m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Thomas Johnstone Limited have?

Thomas Johnstone Limited reported an average of 217 employees in the year to 31 Dec 2025.

Is Thomas Johnstone Limited profitable?

Yes — Thomas Johnstone Limited reported a profit of £2.1m in the year to 31 Dec 2025.

Company No. SC136445 · Incorporated 6 Feb 1992

Thomas Johnstone Limited

Registered name: THOMAS JOHNSTONE LIMITED

Part of Tjh1868 Limited group

Thomas Johnstone Limited made £74.1m revenue and £2.1m profit in the year to 31 Dec 2025.

Thomas Johnstone Limited’s revenue fell 12% to £74.1m in the year to 31 Dec 2025, with £2.1m profit and 217 employees. The company is classified under “manufacture of other furniture” and is based in Inchinnan; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 31090Manufacture of other furniture SIC 41100Development of building projects SIC 43320Joinery installation

Status: Active
Location: Inchinnan, Scotland
Age: 34 yrs · since 1992
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£74.1m

Growth ▼12.2%

Profit

£2.1m

Growth ▼47.7%

Profit margin

2.8%

Gross 17.9%

Employees

217

Change ▲1.4%

Profit / employee

£9.6k

Revenue/employee £341k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£59.4m	£86.5m	£84.4m	£74.1m
Cost of sales	£51.1m	£72.9m	£70.7m	£60.8m
Gross profit	£8.3m	£13.5m	£13.7m	£13.3m
Operating profit	£872k	£3.8m	£3.3m	£2.7m
Profit before tax	£769k	£3.9m	£3.6m	£2.9m
Profit after tax	£656k	£2.9m	£4m	£2.1m
Profit (best available)	£656k	£2.9m	£4m	£2.1m
Staff costs	£10.1m	£11.5m	£12.6m	£13.3m
Employees (average)	199	209	214	217
Ratios
Profit margin	1.1%	3.4%	4.7%	2.8%
Gross margin	14%	15.6%	16.2%	17.9%
Revenue per employee	£299k	£414k	£394k	£341k
Profit per employee	£3.3k	£14.1k	£18.6k	£9.6k
Growth (year on year)
Revenue growth	—	▲45.5%	▼2.4%	▼12.2%
Profit growth	—	▲349.8%	▲34.7%	▼47.7%
Headcount growth	—	▲5%	▲2.4%	▲1.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£3m	£12.3m	£8.6m	£17.2m
Net assets	£5.4m	£8.1m	£11.5m	£11m
Fixed assets	£2.1m	£2.2m	£2.5m	£2.4m
Current assets	£18.9m	£31.3m	£27.9m	£32.5m
Debtors	£8.7m	£9.5m	£10.2m	£7.5m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 2.8%; Profit ÷ revenue.
Gross margin: 17.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £341k; Revenue ÷ average employees.
Profit per employee: £9.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼4%; Now £11m
Cash at bank: ▲101%; Now £17.2m
Headcount: ▲1%; Now 217
Deferred income: —; Now —
Fixed assets: ▼3%; Now £2.4m

Corporate ownership

Group structure

Ownership chain

Tjh1868 Limitedultimate parent75–100%
Thomas Johnstone (Holdings) Limited75–100%
Thomas Johnstone Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Macrocom (1053) LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.1m), from the Companies House accounts bulk data published Jul 2026. 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.