Thermal Insulation Contractors Association
Registered name: THERMAL INSULATION CONTRACTORS ASSOCIATION
Thermal Insulation Contractors Association made £2.8m revenue and £206k profit in the year to 31 Dec 2025.
Thermal Insulation Contractors Association’s revenue grew 15% to £2.8m in the year to 31 Dec 2025, with £206k profit and 22 employees. The company is classified under “other education” and is based in Darlington; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Darlington, North East
- Age
- 41 yrs · since 1985
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £2.1m | £2m | £2.5m | £2.8m |
| Cost of sales | — | £642k | £764k | £876k |
| Gross profit | — | £1.4m | £1.7m | £2m |
| Operating profit | £39.6k | −£209k | £128k | £196k |
| Profit before tax | £41.8k | −£190k | £146k | £211k |
| Profit after tax | £39.5k | −£194k | £139k | £206k |
| Profit (best available) | £39.5k | −£194k | £139k | £206k |
| Employees (average) | 21 | 22 | 21 | 22 |
| Ratios | ||||
| Profit margin | 1.8% | −9.5% | 5.7% | 7.3% |
| Gross margin | — | 68.4% | 69% | 69% |
| Revenue per employee | £102k | £92.3k | £117k | £129k |
| Profit per employee | £1.9k | −£8.8k | £6.6k | £9.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼5.1% | ▲21.3% | ▲14.8% |
| Profit growth | — | ▼591% | — | ▲48% |
| Headcount growth | — | ▲4.8% | ▼4.5% | ▲4.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.3m | £950k | £760k | £700k |
| Net assets | £2.8m | £2.6m | £2.7m | £2.9m |
| Fixed assets | £1.5m | £1.6m | £1.7m | £1.8m |
| Current assets | £1.8m | £1.5m | £1.4m | £1.7m |
| Debtors | £379k | £307k | £368k | £514k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 7.3%
- Profit ÷ revenue.
- Gross margin
- 69%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £129k
- Revenue ÷ average employees.
- Profit per employee
- £9.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 64.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.2%
- 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
- ▲8%
- Now £2.9m
- Cash at bank
- ▼8%
- Now £700k
- Headcount
- ▲5%
- Now 22
- Deferred income
- —
- Now —
- Fixed assets
- ▲5%
- Now £1.8m
Group structure
Subsidiaries (1)
- Tica Certification LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £206k), from the Companies House accounts bulk data published Sep 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.