Thistle Trade Frames Ltd
Registered name: THISTLE TRADE FRAMES LTD
Thistle Trade Frames Ltd made £82.4k revenue and £1.8k profit in the year to 31 Jan 2026.
Thistle Trade Frames Ltd’s revenue grew 72% to £82.4k in the year to 31 Jan 2026, with £1.8k profit and 2 employees. The company is classified under “manufacture of doors and windows of metal” and is based in Kilmaurs; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Kilmaurs, Scotland
- Age
- 2 yrs · since 2024
- 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 Jan 2025 | 31 Jan 2026 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £47.9k | £82.4k |
| Cost of sales | £22.1k | £53.9k |
| Gross profit | £25.8k | £28.4k |
| Operating profit | £376 | £2.4k |
| Profit before tax | £426 | £1.8k |
| Profit after tax | £426 | £1.8k |
| Profit (best available) | £426 | £1.8k |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | 0.9% | 2.2% |
| Gross margin | 53.9% | 34.5% |
| Revenue per employee | £23.9k | £41.2k |
| Profit per employee | £213 | £910 |
| Growth (year on year) | ||
| Revenue growth | — | ▲72% |
| Profit growth | — | ▲327.5% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.1k | £3.1k |
| Net assets | £428 | £2.2k |
| Fixed assets | £16.2k | £26k |
| Current assets | £6.9k | £8.1k |
| Source | FilletedAccounts · bulk data Mar 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 2.2%
- Profit ÷ revenue.
- Gross margin
- 34.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £41.2k
- Revenue ÷ average employees.
- Profit per employee
- £910
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 31.5%
- 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
- ▲425%
- Now £2.2k
- Cash at bank
- ▲52%
- Now £3.1k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▲60%
- Now £26k
Sources
Latest figures from FullAccounts for the year to 31 Jan 2026 (profit £1.8k), from the Companies House accounts bulk data published Apr 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.