CTC (Wholesalers) Holdings Limited
Registered name: CTC (WHOLESALERS) HOLDINGS LIMITED
CTC (Wholesalers) Holdings Limited made £17.6m revenue and £360k profit in the year to 31 Oct 2025.
CTC (Wholesalers) Holdings Limited’s revenue fell 4% to £17.6m in the year to 31 Oct 2025, with £360k profit and 52 employees. The company is classified under “activities of other holding companies” and is based in Exeter; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Exeter, South West
- Age
- 8 yrs · since 2018
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | ||||
| Revenue (turnover) | £17.5m | £19.7m | £18.4m | £17.6m |
| Cost of sales | £13.7m | £15.7m | £14.6m | £13.7m |
| Gross profit | £3.8m | £4m | £3.8m | £3.9m |
| Operating profit | £986k | £939k | £709k | £611k |
| Profit before tax | £902k | £876k | £669k | £590k |
| Profit after tax | £385k | £560k | £601k | £360k |
| Profit (best available) | £385k | £560k | £601k | £360k |
| Staff costs | £1.9m | £2m | £2m | £2.2m |
| Employees (average) | 51 | 53 | 50 | 52 |
| Ratios | ||||
| Profit margin | 2.2% | 2.9% | 3.3% | 2% |
| Gross margin | 21.6% | 20.3% | 20.7% | 22.3% |
| Revenue per employee | £343k | £371k | £367k | £339k |
| Profit per employee | £7.5k | £10.6k | £12k | £6.9k |
| Cash conversion | 77.5% | 134.5% | 160.3% | 142.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲12.5% | ▼6.6% | ▼4.1% |
| Profit growth | — | ▲45.6% | ▲7.3% | ▼40.1% |
| Headcount growth | — | ▲3.9% | ▼5.7% | ▲4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £130k | £557k | £651k | £816k |
| Net assets | £698k | £1.2m | £1.6m | £2m |
| Fixed assets | £1.3m | £1.2m | £1m | £860k |
| Current assets | £3.5m | £3.9m | £3.9m | £4.1m |
| Debtors | £1.8m | £1.5m | £1.6m | £1.5m |
| Cash from operations | £764k | £1.3m | £1.1m | £870k |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 2%
- Profit ÷ revenue.
- Gross margin
- 22.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £339k
- Revenue ÷ average employees.
- Profit per employee
- £6.9k
- Profit ÷ average employees.
- Cash conversion
- 142.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.6%
- 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
- ▲23%
- Now £2m
- Cash at bank
- ▲25%
- Now £816k
- Headcount
- ▲4%
- Now 52
- Deferred income
- —
- Now —
- Fixed assets
- ▼17%
- Now £860k
Group structure
Subsidiaries (1)
- CTC (Wholesalers) LimitedRev. £17.6m · Profit £559k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £360k), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.