F.W. Thorpe Public Limited Company
Registered name: F.W. THORPE PUBLIC LIMITED COMPANY
F.W. Thorpe Public Limited Company made £175m revenue and £25.4m profit in the year to 30 Jun 2025.
F.W. Thorpe Public Limited Company’s revenue was £175m in the year to 30 Jun 2025, with £25.4m profit and 988 employees. The company is classified under “manufacture of electric lighting equipment” and is based in Redditch; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Redditch, West Midlands
- Age
- 90 yrs · since 1936
- Type
- Public Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £177m | £176m | £175m |
| Cost of sales | −£98.9m | −£90.4m | −£91.1m |
| Gross profit | £77.9m | £85.4m | £84.1m |
| Operating profit | £27.8m | £30.6m | £32.1m |
| Profit before tax | £26.9m | £29.9m | £31.6m |
| Profit after tax | £21.9m | £24.3m | £25.4m |
| Profit (best available) | £21.9m | £24.3m | £25.4m |
| Employees (average) | 944 | 962 | 988 |
| Ratios | |||
| Profit margin | 12.4% | 13.8% | 14.5% |
| Gross margin | 44% | 48.6% | 48% |
| Revenue per employee | £187k | £183k | £177k |
| Profit per employee | £23.2k | £25.3k | £25.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▼0.5% | ▼0.3% |
| Profit growth | — | ▲10.8% | ▲4.5% |
| Headcount growth | — | ▲1.9% | ▲2.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 | Accounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 14.5%
- Profit ÷ revenue.
- Gross margin
- 48%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £177k
- Revenue ÷ average employees.
- Profit per employee
- £25.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- ▲3%
- Now 988
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (4)
- Philip Payne LimitedFigures not disclosed
- Portland Lighting LimitedFigures not disclosed
- Solite Europe LimitedFigures not disclosed
- TRT Lighting LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from accounts for the year to 30 Jun 2025 (profit £25.4m), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.