Trust Pet Products Limited
Registered name: TRUST PET PRODUCTS LIMITED
Part of Trustmede Holdings Limited groupTrust Pet Products Limited made £25m revenue and £398k profit in the year to 31 Oct 2025. read from filing text
Trust Pet Products Limited’s revenue fell 5% to £25m in the year to 31 Oct 2025, with £398k profit and 60 employees. The company is classified under “retail sale of flowers, plants, seeds, fertilizers, pet animals and pet food in specialised stores” and is based in Leamington Spa; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Leamington Spa, West Midlands
- Age
- 52 yrs · since 1974
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “As at 31 October 2025 the company is controlled by the ultimate parent company Trustmede Holdings Limited, a company incorporated in England and Wales. Registered office is Nelson House, 2 Hamilton Te”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £26.3m | £26.3m | £25m |
| Cost of sales | £21.4m | £21.2m | £20.7m |
| Gross profit | £5m | £5.1m | £4.3m |
| Operating profit | £1.3m | £1.1m | £490k |
| Profit before tax | £1.3m | £1.1m | £515k |
| Profit after tax | £984k | £792k | £398k |
| Profit (best available) | £984k | £792k | £398k |
| Staff costs | £1.9m | £2.1m | £2.1m |
| Employees (average) | 64 | 62 | 60 |
| Ratios | |||
| Profit margin | 3.7% | 3% | 1.6% |
| Gross margin | 18.8% | 19.3% | 17.2% |
| Revenue per employee | £412k | £424k | £417k |
| Profit per employee | £15.4k | £12.8k | £6.6k |
| Cash conversion | −113% | −102.8% | −79.1% |
| Growth (year on year) | |||
| Revenue growth | — | ▼0.2% | ▼4.9% |
| Profit growth | — | ▼19.6% | ▼49.7% |
| Headcount growth | — | ▼3.1% | ▼3.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.9m | £3.6m | £3.8m |
| Net assets | £5.8m | £6.6m | £7m |
| Fixed assets | £118k | £87.2k | £65.4k |
| Current assets | £8.6m | £9.2m | £9.3m |
| Debtors | £3.3m | £3.1m | £3.2m |
| Deferred income | £65.9k | £91.6k | £30.3k |
| Cash from operations | −£1.4m | −£1.1m | −£388k |
| Source | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 1.6%
- Profit ÷ revenue.
- Gross margin
- 17.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £417k
- Revenue ÷ average employees.
- Profit per employee
- £6.6k
- Profit ÷ average employees.
- Cash conversion
- −79.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.8%
- 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
- ▲6%
- Now £7m
- Cash at bank
- ▲3%
- Now £3.8m
- Headcount
- ▼3%
- Now 60
- Deferred income
- ▼67%
- Now £30.3k
- Fixed assets
- ▼25%
- Now £65.4k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Trustmede Holdings Limitedultimate parent75–100%
- Trust Pet Products Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £398k), from the Companies House accounts bulk data published Jul 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.