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Company No. 03126700 · Incorporated 15 Nov 1995

Turnaround Publisher Services Limited

Registered name: TURNAROUND PUBLISHER SERVICES LIMITED

Part of TPS Trustees Limited group

Turnaround Publisher Services Limited made £29.8m revenue and £2.5m profit in the year to 31 Mar 2025. read from filing text

Turnaround Publisher Services Limited’s revenue was £29.8m in the year to 31 Mar 2025, with £2.5m profit and 64 employees. The company is classified under “wholesale of other intermediate products” and is based in London; we hold 4 years of its filed accounts.

Full profit & loss filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46760Wholesale of other intermediate productsSIC 58110Book publishing
Status
Active
Location
London, London
Age
30 yrs · since 1995
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: “Turnaround Publisher Services Employee Ownership Trust is the ultimate controlling party.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightCash flow filed
Revenue
£29.8m
Growth ▼0.2%
Profit
£2.5m
Growth ▲21%
Profit margin
8.3%
Gross 28.6%
Employees
64
Change ▲3.2%
Profit / employee
£38.5k
Revenue/employee £465k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureProfit & lossread from filing textProfit & lossread from filing textProfit & lossread from filing textProfit & lossread from filing text
Profit & loss
Revenue (turnover)£30.6m£30.5m£29.8m£29.8m
Cost of sales£22.9m£23.2m£21.8m£21.2m
Gross profit£7.7m£7.3m£8m£8.5m
Operating profit£2.9m£2.5m£2.6m£3.1m
Profit before tax£2.9m£2.5m£2.7m£3.3m
Profit after tax£2.3m£2m£2m£2.5m
Profit (best available)£2.3m£2m£2m£2.5m
Staff costs£2.6m£2.6m£3m£3m
Employees (average)66626264
Ratios
Profit margin7.6%6.7%6.8%8.3%
Gross margin25.1%23.9%26.8%28.6%
Revenue per employee£463k£492k£481k£465k
Profit per employee£35.3k£32.7k£32.8k£38.5k
Cash conversion−83.9%−106.7%−110.4%−100%
Growth (year on year)
Revenue growth—▼0.2%▼2.2%▼0.2%
Profit growth—▼12.9%▲0.3%▲21%
Headcount growth—▼6.1%0%▲3.2%
Balance sheet — indirect signals, not revenue
Cash at bank£5.5m£4.2m£6.5m£9.1m
Net assets£6.2m£5.2m£7.2m£9.7m
Fixed assets£345k£243k£158k£115k
Current assets£14.3m£12.5m£14.6m£17.1m
Debtors£4.4m£4.1m£3.4m£3.4m
Deferred income£390k£414k£590k£529k
Cash from operations−£2.4m−£2.7m−£2.9m−£3.1m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
8.3%
Profit ÷ revenue.
Gross margin
28.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£465k
Revenue ÷ average employees.
Profit per employee
£38.5k
Profit ÷ average employees.
Cash conversion
−100%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11.4%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲34%
Now £9.7m
Cash at bank
▲39%
Now £9.1m
Headcount
▲3%
Now 64
Deferred income
▼10%
Now £529k
Fixed assets
▼27%
Now £115k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. TPS Trustees Limitedultimate parent75–100%
  2. Turnaround Publisher Services 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.5m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 24 Oct 2026