TH15 Limited
Registered name: TH15 LIMITED
TH15 Limited made £5.1k revenue and a £28.8k loss in the year to 31 Jul 2025.
TH15 Limited’s revenue fell 14% to £5.1k in the year to 31 Jul 2025, with a loss of £28.8k and 2 employees. The company is classified under “specialised design activities” and is based in Crieff; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Crieff, Scotland
- Age
- 16 yrs · since 2010
- 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 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £12.9k | £11.9k | £6k | £5.1k |
| Profit after tax | −£17.7k | −£16k | −£31k | −£28.8k |
| Profit (best available) | −£17.7k | −£16k | −£31k | −£28.8k |
| Staff costs | £23.3k | £21.9k | £33.5k | £30k |
| Employees (average) | — | 3 | 2 | 2 |
| Ratios | ||||
| Profit margin | −136.8% | −135% | −519.6% | −558.8% |
| Revenue per employee | — | £4k | £3k | £2.6k |
| Profit per employee | — | −£5.3k | −£15.5k | −£14.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼8.3% | ▼49.7% | ▼13.8% |
| Headcount growth | — | — | ▼33.3% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£17.4k | −£33.2k | −£55.6k | −£82.7k |
| Fixed assets | £2.5k | £3.2k | £2.1k | £1.1k |
| Current assets | £6.7k | £10.4k | £9.9k | £8.5k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- −558.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.6k
- Revenue ÷ average employees.
- Profit per employee
- −£14.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 20.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 −£82.7k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼50%
- Now £1.1k
Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit −£28.8k), from the Companies House accounts bulk data published Mar 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.