How much does Thirdway Interiors Limited make?

Thirdway Interiors Limited reported revenue of £107m and £4.4m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Thirdway Interiors Limited have?

Thirdway Interiors Limited reported an average of 142 employees in the year to 31 Dec 2025.

Is Thirdway Interiors Limited profitable?

Yes — Thirdway Interiors Limited reported a profit of £4.4m in the year to 31 Dec 2025.

Company No. 07123442 · Incorporated 12 Jan 2010

Thirdway Interiors Limited

Registered name: THIRDWAY INTERIORS LIMITED

Part of Thirdway Holdings Limited group

Thirdway Interiors Limited made £107m revenue and £4.4m profit in the year to 31 Dec 2025.

Thirdway Interiors Limited’s revenue grew 23% to £107m in the year to 31 Dec 2025, with £4.4m profit and 142 employees. The company is classified under “other building completion and finishing” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43390Other building completion and finishing

Status: Active
Location: London, London
Age: 16 yrs · since 2010
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£107m

Growth ▲23.1%

Profit

£4.4m

Growth ▼6.2%

Profit margin

4.1%

Gross 23.9%

Employees

142

Change ▲14.5%

Profit / employee

£31k

Revenue/employee £756k

Profitable streak

3yrs

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£73.9m	£87.2m	£107m
Cost of sales	—	£56m	£64m	£81.7m
Gross profit	—	£17.9m	£23.2m	£25.6m
Operating profit	—	£775k	£6m	£6.3m
Profit before tax	—	£800k	£6m	£6.3m
Profit after tax	—	£765k	£4.7m	£4.4m
Profit (best available)	—	£765k	£4.7m	£4.4m
Staff costs	—	£12.3m	£12.3m	£14.5m
Employees (average)	117	127	124	142
Ratios
Profit margin	—	1%	5.4%	4.1%
Gross margin	—	24.2%	26.6%	23.9%
Revenue per employee	—	£582k	£703k	£756k
Profit per employee	—	£6k	£37.9k	£31k
Growth (year on year)
Revenue growth	—	—	▲17.9%	▲23.1%
Profit growth	—	—	▲513.9%	▼6.2%
Headcount growth	—	▲8.6%	▼2.4%	▲14.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.4m	£2.3m	£4.5m	£8.5m
Net assets	£11.3m	£12.1m	£16.8m	£13.4m
Fixed assets	£532k	£354k	£326k	£626k
Current assets	£39.6m	£33.3m	£45.1m	£58m
Debtors	£35.3m	£8.3m	£6.6m	£11m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 4.1%; Profit ÷ revenue.
Gross margin: 23.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £756k; Revenue ÷ average employees.
Profit per employee: £31k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.2%; 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: ▼20%; Now £13.4m
Cash at bank: ▲90%; Now £8.5m
Headcount: ▲15%; Now 142
Deferred income: —; Now —
Fixed assets: ▲92%; Now £626k

Corporate ownership

Group structure

Ownership chain

Thirdway Holdings Limitedultimate parent75–100%
The Thirdway Group Limited75–100%
Thirdway Interiors Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (5)

Tribe Furniture LimitedRev. £15.9m · Profit £2.8m
Thirdway Pulse LimitedRev. £2.1m · Profit £577k
IV Real Estate LimitedFigures not disclosed
Thirdway Architecture LimitedFigures not disclosed
Thirdway Contracts LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £4.4m), 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.