Thistle Windows & Conservatories Limited
Registered name: THISTLE WINDOWS & CONSERVATORIES LIMITED
Thistle Windows & Conservatories Limited made £12.8m revenue and £367k profit in the year to 31 Aug 2025. read from filing text
Thistle Windows & Conservatories Limited’s revenue fell 12% to £12.8m in the year to 31 Aug 2025, with £367k profit and 119 employees. The company is classified under “construction of domestic buildings” and is based in Aberdeen; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Aberdeen, Scotland
- Age
- 31 yrs · since 1995
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 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) | £12.1m | £12.8m | £14.5m | £12.8m |
| Cost of sales | £9.3m | £10.1m | £11.2m | £9.5m |
| Gross profit | £2.8m | £2.7m | £3.3m | £3.3m |
| Operating profit | £413k | £205k | £410k | £523k |
| Profit before tax | £362k | £148k | £364k | £493k |
| Profit after tax | £275k | £99.4k | £255k | £367k |
| Profit (best available) | £275k | £99.4k | £255k | £367k |
| Staff costs | £4.4m | £4.9m | £5.4m | £5.1m |
| Employees (average) | 123 | 134 | 142 | 119 |
| Ratios | ||||
| Profit margin | 2.3% | 0.8% | 1.8% | 2.9% |
| Gross margin | 23% | 21% | 22.8% | 26% |
| Revenue per employee | £98.2k | £95.8k | £102k | £108k |
| Profit per employee | £2.2k | £742 | £1.8k | £3.1k |
| Cash conversion | −203.4% | −616.1% | −282.1% | −189.7% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6.3% | ▲13.2% | ▼11.7% |
| Profit growth | — | ▼63.9% | ▲156.3% | ▲44.1% |
| Headcount growth | — | ▲8.9% | ▲6% | ▼16.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £554 | £290k | £353k | £618k |
| Net assets | £999k | £810k | £725k | £725k |
| Fixed assets | £2.7m | £2.9m | £2.8m | £2.5m |
| Current assets | £2.5m | £2.5m | £1.7m | £2m |
| Debtors | £632k | £640k | £518k | £493k |
| Deferred income | £1.1m | £1.6m | £1.2m | £1.5m |
| Cash from operations | −£840k | −£1.3m | −£1.2m | −£992k |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 2.9%
- Profit ÷ revenue.
- Gross margin
- 26%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £108k
- Revenue ÷ average employees.
- Profit per employee
- £3.1k
- Profit ÷ average employees.
- Cash conversion
- −189.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 19.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 12%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.8%
- 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
- ▼0%
- Now £725k
- Cash at bank
- ▲75%
- Now £618k
- Headcount
- ▼16%
- Now 119
- Deferred income
- ▲25%
- Now £1.5m
- Fixed assets
- ▼10%
- Now £2.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- K W Bell Group LimitedCinderford · Construction of domestic buildings
- Revenue
- £12.8m
- Profit
- £1.4m
- Staff
- 54
- G.S. Brown Construction LimitedPerthshire · Construction of domestic buildings
- Revenue
- £12.9m
- Profit
- £896k
- Staff
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- Amethyst Homes LimitedConsett · Construction of domestic buildings
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- £12.3m
- Profit
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- Mike Etheridge Construction LimitedColeford · Construction of domestic buildings
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- Profit
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- Crocus Homes LimitedLong Stratton Norwich · Construction of domestic buildings
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- Profit
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- —
- STM 360 LimitedCastleford · Construction of domestic buildings
- Revenue
- £14.2m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £367k), from the Companies House accounts bulk data published Feb 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.