How many employees does T.S.G. Building Services PLC have?

T.S.G. Building Services PLC reported an average of 237 employees in the year to 31 Dec 2023.

Is T.S.G. Building Services PLC profitable?

Yes — T.S.G. Building Services PLC reported a profit of £2.5m in the year to 31 Dec 2023.

Company No. 03908728 · Incorporated 18 Jan 2000

T.S.G. Building Services PLC

Registered name: T.S.G. BUILDING SERVICES PLC

T.S.G. Building Services PLC made £2.5m profit in the year to 31 Dec 2023 (revenue not disclosed).

T.S.G. Building Services PLC reported £2.5m profit in the year to 31 Dec 2023; its revenue was not disclosed. It had 237 employees. The company is classified under “construction of domestic buildings” and is based in Potters Bar; we hold 2 years of its filed accounts.

Profit onlySection F · ConstructionSIC 41202Construction of domestic buildings SIC 43220Plumbing, heat and air-conditioning installation SIC 71111Architectural activities SIC 74902Quantity surveying activities

Status: Active
Location: Potters Bar, East of England
Age: 26 yrs · since 2000
Type: Public 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.

Latest accounts · year to 31 Dec 2023

Key figures

Cash flow filed

Revenue

—

Not disclosed in filing

Profit

£2.5m

Growth —

Profit margin

—

Employees

237

Change —

Profit / employee

£10.7k

Profitable streak

2yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Dec 2023
Disclosure	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—
Cost of sales	£43.8m	£37.4m
Profit before tax	£5.1m	£3.5m
Profit after tax	—	£2.5m
Profit (best available)	£5.1m	£2.5m
Staff costs	£9.9m	£8.1m
Employees (average)	222	237
Ratios
Profit margin	—	—
Profit per employee	£23.2k	£10.7k
Balance sheet — indirect signals, not revenue
Cash at bank	£8.7m	£14m
Net assets	£19.2m	£21.6m
Fixed assets	£2.4m	£2.1m
Current assets	£27.9m	£30.9m
Debtors	£9.9m	£6.3m
Deferred income	£233k	£266k
Cash from operations	−£2.2m	−£6m
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £10.7k; 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.

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: —; Now £21.6m
Cash at bank: —; Now £14m
Headcount: —; Now 237
Deferred income: —; Now £266k
Fixed assets: —; Now £2.1m

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

Wp Group Holdings Limited (registered outside the UK register)ultimate parent75–100%
T.S.G. Building Services PLCthis 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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £2.5m), from the Companies House accounts bulk data published Jun 2024. 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.