Tribe Furniture Limited
Registered name: TRIBE FURNITURE LIMITED
Part of Thirdway Holdings Limited groupTribe Furniture Limited made £15.9m revenue and £2.8m profit in the year to 31 Dec 2025.
Tribe Furniture Limited’s revenue grew 32% to £15.9m in the year to 31 Dec 2025, with £2.8m profit and 10 employees. The company is classified under “specialised design activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- 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.
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) | £13.1m | £11.8m | £12.1m | £15.9m |
| Cost of sales | £11.1m | £9.2m | £9.1m | £11.5m |
| Gross profit | £2m | £2.6m | £3m | £4.4m |
| Operating profit | £491k | £1.4m | £1.8m | £3m |
| Profit before tax | £491k | £1.4m | £1.7m | £3m |
| Profit after tax | £497k | £1.1m | £1.4m | £2.8m |
| Profit (best available) | £497k | £1.1m | £1.4m | £2.8m |
| Employees (average) | 13 | 14 | 11 | 10 |
| Ratios | ||||
| Profit margin | 3.8% | 8.9% | 11.4% | 17.7% |
| Gross margin | 15.3% | 22.1% | 24.6% | 27.9% |
| Revenue per employee | £1m | £840k | £1.1m | £1.6m |
| Profit per employee | £38.2k | £75.1k | £125k | £283k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼10.4% | ▲2.9% | ▲31.8% |
| Profit growth | — | ▲111.8% | ▲31% | ▲105.1% |
| Headcount growth | — | ▲7.7% | ▼21.4% | ▼9.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £632k | £184k | £429k | £54.1k |
| Net assets | £1.4m | £2.4m | £3.8m | £2.4m |
| Fixed assets | £42.2k | £2.7k | £4.1k | £1.7k |
| Current assets | £4.8m | £6.5m | £8.6m | £7.7m |
| Debtors | £1.7m | £2.3m | £1.1m | £791k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FilletedAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 17.7%
- Profit ÷ revenue.
- Gross margin
- 27.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.6m
- Revenue ÷ average employees.
- Profit per employee
- £283k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5%
- 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
- ▼36%
- Now £2.4m
- Cash at bank
- ▼87%
- Now £54.1k
- Headcount
- ▼9%
- Now 10
- Deferred income
- —
- Now —
- Fixed assets
- ▼60%
- Now £1.7k
Group structure
Ownership chain
- Thirdway Holdings Limitedultimate parent75–100%
- The Thirdway Group Limited75–100%
- Tribe Furniture Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Thirdway Interiors LimitedRev. £107m · Profit £4.4m
- 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).
Similar profitable businesses
- Molb UK LimitedLondon · specialised design activities
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- £16.3m
- Profit
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- Staff
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- Crux Product Design LtdBristol · specialised design activities
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- Profit
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- Elliott Wood Partnership LimitedWimbledon · specialised design activities
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- Profit
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- Redman Whiteley Dixon LimitedBrockenhurst · specialised design activities
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- Profit
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- Hawthorn Theatrical LimitedUxbridge · specialised design activities
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- Profit
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Sources
Latest figures from FilletedAccounts for the year to 31 Dec 2025 (profit £2.8m), from the Companies House accounts bulk data published Aug 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.