How much does The Thirdway Group Limited make?

The Thirdway Group Limited reported revenue of £0 and £12.2m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does The Thirdway Group Limited have?

The Thirdway Group Limited reported an average of 0 employees in the year to 31 Dec 2025.

Is The Thirdway Group Limited profitable?

Yes — The Thirdway Group Limited reported a profit of £12.2m in the year to 31 Dec 2025.

Company No. 10210711 · Incorporated 2 Jun 2016

The Thirdway Group Limited

Registered name: THE THIRDWAY GROUP LIMITED

Part of Thirdway Holdings Limited group

The Thirdway Group Limited made £0 revenue and £12.2m profit in the year to 31 Dec 2025. read from filing text

The Thirdway Group Limited’s revenue was £0 in the year to 31 Dec 2025, with £12.2m profit and 0 employees. The company is classified under “specialised design activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74100specialised design activities

Status: Active
Location: London, London
Age: 10 yrs · since 2016
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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

Small team

Revenue

£0

Growth —

Profit

£12.2m

Growth —

Profit margin

—

Employees

Change —

Profit / employee

—

Profitable streak

1yr

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

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	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£0	£0	£0	£0
Operating profit	−£1.6m	−£261k	−£1.4m	−£398k
Profit before tax	£3.4m	£239k	−£1.4m	£12.2m
Profit after tax	£3.4m	£221k	−£1.4m	£12.2m
Profit (best available)	£3.4m	£221k	−£1.4m	£12.2m
Employees (average)	0	0	0	0
Ratios
Profit margin	—	—	—	—
Growth (year on year)
Profit growth	—	▼93.6%	▼733%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7k	£2.3k	£135	—
Net assets	−£7.4m	−£7.2m	−£8.6m	£1.6m
Fixed assets	£359k	£356k	£354k	£152k
Current assets	£3.4m	£3.2m	£1.6m	£3.4m
Debtors	£3.4m	£3.2m	£1.6m	£3.4m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

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: —; 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 £1.6m
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: ▼57%; Now £152k

Corporate ownership

Group structure

Ownership chain

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

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

Subsidiaries (6)

Thirdway Interiors LimitedRev. £107m · Profit £4.4m
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 £12.2m), 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.