Thistle and Heart Ltd
Registered name: THISTLE AND HEART LTD
Thistle and Heart Ltd made £14.5k revenue and £13.6k profit in the year to 5 Apr 2025.
Thistle and Heart Ltd’s revenue grew 342% to £14.5k in the year to 5 Apr 2025, with £13.6k profit and 1 employee. The company is classified under “retail sale via mail order houses or via internet” and is based in Perth; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Perth, Scotland
- Age
- 10 yrs · since 2016
- 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 | 5 Apr 2022 | 5 Apr 2023 | 5 Apr 2024 | 5 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £12.9k | £3.3k | £14.5k |
| Profit after tax | — | £0 | £0 | £13.6k |
| Profit (best available) | — | £0 | £0 | £13.6k |
| Staff costs | — | £11.9k | £2.6k | — |
| Employees (average) | — | 1 | 2 | 1 |
| Ratios | ||||
| Profit margin | — | 0% | 0% | 93.9% |
| Revenue per employee | — | £12.9k | £1.6k | £14.5k |
| Profit per employee | — | £0 | £0 | £13.6k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼74.6% | ▲341.8% |
| Headcount growth | — | — | ▲100% | ▼50% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £2k | £500 | £1k | £1.3k |
| Fixed assets | £2k | £500 | £1k | £1.3k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 93.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £14.5k
- Revenue ÷ average employees.
- Profit per employee
- £13.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.2%
- 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
- ▲33%
- Now £1.3k
- Cash at bank
- —
- Now —
- Headcount
- ▼50%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲33%
- Now £1.3k
Sources
Latest figures from FullAccounts for the year to 5 Apr 2025 (profit £13.6k), from the Companies House accounts bulk data published Jan 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.