How much does Thistle Investments (Northern) Limited make?

Thistle Investments (Northern) Limited reported revenue of £65.4k and a loss of £63.2k in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does Thistle Investments (Northern) Limited have?

Thistle Investments (Northern) Limited reported an average of 0 employees in the year to 31 Jan 2025.

Is Thistle Investments (Northern) Limited profitable?

No — Thistle Investments (Northern) Limited reported a loss of £63.2k in the year to 31 Jan 2025.

Company No. SC294158 · Incorporated 7 Dec 2005

Thistle Investments (Northern) Limited

Registered name: THISTLE INVESTMENTS (NORTHERN) LIMITED

Thistle Investments (Northern) Limited made £65.4k revenue and a £63.2k loss in the year to 31 Jan 2025.

Thistle Investments (Northern) Limited’s revenue fell 12% to £65.4k in the year to 31 Jan 2025, with a loss of £63.2k and 0 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Aberdeen; we hold 4 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate

Status: Active
Location: Aberdeen, Scotland
Age: 20 yrs · since 2005
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Jan 2025

Key figures

IndependentSmall team

Revenue

£65.4k

Growth ▼12%

Profit

−£63.2k

Growth —

Profit margin

−96.7%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

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 Jan 2022	31 Jan 2023	31 Jan 2024	31 Jan 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£68.7k	£109k	£74.3k	£65.4k
Operating profit	−£588k	£18k	−£50.1k	−£25.6k
Profit before tax	−£601k	−£6.3k	−£84.7k	−£63.2k
Profit after tax	−£601k	−£8k	−£88.2k	−£63.2k
Profit (best available)	−£601k	−£8k	−£88.2k	−£63.2k
Employees (average)	0	0	0	0
Ratios
Profit margin	−873.8%	−7.3%	−118.6%	−96.7%
Growth (year on year)
Revenue growth	—	▲59%	▼32%	▼12%
Balance sheet — indirect signals, not revenue
Cash at bank	£4k	£2.5k	£64.1k	£12k
Net assets	£645k	£637k	£549k	£485k
Fixed assets	—	—	£880k	£946k
Current assets	£298k	£224k	£320k	£115k
Debtors	£0	£7.2k	£11.2k	£1.1k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −96.7%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1447%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.7%; 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: ▼12%; Now £485k
Cash at bank: ▼81%; Now £12k
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: ▲7%; Now £946k

Corporate ownership

Group structure

Minority corporate shareholders

Angusfield Property Company Limited 25–50%

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit −£63.2k), 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.