W.N. Thomas & Sons Limited
Registered name: W.N. THOMAS & SONS LIMITED
W.N. Thomas & Sons Limited made £31.1m revenue and £330k profit in the year to 31 Mar 2025.
W.N. Thomas & Sons Limited’s revenue grew 17% to £31.1m in the year to 31 Mar 2025, with £330k profit and 25 employees. The company is classified under “wholesale of waste and scrap” and is based in Slough; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Slough, South East
- Age
- 79 yrs · since 1947
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £25.2m | £26.1m | £26.7m | £31.1m |
| Cost of sales | £21.9m | £23.1m | £23.8m | £28.1m |
| Gross profit | £3.3m | £3m | £2.9m | £3m |
| Operating profit | £1.3m | £701k | £371k | £492k |
| Profit before tax | £1.3m | £672k | £309k | £454k |
| Profit after tax | £1.1m | £401k | £232k | £330k |
| Profit (best available) | £1.1m | £401k | £232k | £330k |
| Staff costs | £1.3m | £1.4m | £1.4m | £1.5m |
| Employees (average) | 25 | 24 | 25 | 25 |
| Ratios | ||||
| Profit margin | 4.2% | 1.5% | 0.9% | 1.1% |
| Gross margin | 13.1% | 11.7% | 10.7% | 9.7% |
| Revenue per employee | £1m | £1.1m | £1.1m | £1.2m |
| Profit per employee | £42k | £16.7k | £9.3k | £13.2k |
| Cash conversion | −96.2% | −182.7% | −166.8% | −147.5% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲3.6% | ▲2.1% | ▲16.6% |
| Profit growth | — | ▼61.8% | ▼42.1% | ▲42% |
| Headcount growth | — | ▼4% | ▲4.2% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.1m | £2m | £2.1m | £993k |
| Net assets | £4.4m | £4.7m | £4.9m | £3.6m |
| Fixed assets | £4.4m | £4.6m | £4.7m | £4.5m |
| Current assets | £3.3m | £2.9m | £3.1m | £2m |
| Debtors | £1.2m | £419k | £289k | £509k |
| Cash from operations | −£1.3m | −£1.3m | −£619k | −£726k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 9.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.2m
- Revenue ÷ average employees.
- Profit per employee
- £13.2k
- Profit ÷ average employees.
- Cash conversion
- −147.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.6%
- 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
- ▼27%
- Now £3.6m
- Cash at bank
- ▼53%
- Now £993k
- Headcount
- 0%
- Now 25
- Deferred income
- —
- Now —
- Fixed assets
- ▼3%
- Now £4.5m
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £330k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 11 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.