How much does Thirdway Pulse Limited make?

Thirdway Pulse Limited reported revenue of £2.1m and £577k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Thirdway Pulse Limited have?

Thirdway Pulse Limited reported an average of 2 employees in the year to 31 Dec 2025.

Is Thirdway Pulse Limited profitable?

Yes — Thirdway Pulse Limited reported a profit of £577k in the year to 31 Dec 2025.

Company No. 12597005 · Incorporated 12 May 2020

Thirdway Pulse Limited

Registered name: THIRDWAY PULSE LIMITED

Part of Thirdway Holdings Limited group

Thirdway Pulse Limited made £2.1m revenue and £577k profit in the year to 31 Dec 2025.

Thirdway Pulse Limited’s revenue fell 5% to £2.1m in the year to 31 Dec 2025, with £577k profit and 2 employees. The company is classified under “management consultancy activities other than financial management” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management

Status: Active
Location: London, London
Age: 6 yrs · since 2020
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

Small teamCapital-light

Revenue

£2.1m

Growth ▼4.5%

Profit

£577k

Growth ▲38.4%

Profit margin

26.9%

Gross 49.3%

Employees

Change ▼33.3%

Profit / employee

£288k

Revenue/employee £1.1m

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	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£156k	£1.1m	£2.2m	£2.1m
Cost of sales	£91.4k	£465k	£1.3m	£1.1m
Gross profit	£64.6k	£601k	£985k	£1.1m
Operating profit	−£338k	£130k	£537k	£658k
Profit before tax	−£338k	£130k	£537k	£658k
Profit after tax	−£338k	£101k	£417k	£577k
Profit (best available)	−£338k	£101k	£417k	£577k
Employees (average)	3	3	3	2
Ratios
Profit margin	−216.6%	9.5%	18.6%	26.9%
Gross margin	41.4%	56.4%	43.9%	49.3%
Revenue per employee	£52k	£355k	£749k	£1.1m
Profit per employee	−£113k	£33.7k	£139k	£288k
Growth (year on year)
Revenue growth	—	▲583.9%	▲110.6%	▼4.5%
Profit growth	—	—	▲312.6%	▲38.4%
Headcount growth	—	0%	0%	▼33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£12k	£73.9k	£214k	£169k
Net assets	−£917k	−£816k	−£399k	£178k
Fixed assets	—	£16.6k	£36.3k	£22k
Current assets	£73.3k	£484k	£932k	£1.3m
Debtors	£61.3k	£305k	£92.7k	£116k
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: 26.9%; Profit ÷ revenue.
Gross margin: 49.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.1m; Revenue ÷ average employees.
Profit per employee: £288k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.4%; 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 £178k
Cash at bank: ▼21%; Now £169k
Headcount: ▼33%; Now 2
Deferred income: —; Now —
Fixed assets: ▼40%; Now £22k

Corporate ownership

Group structure

Ownership chain

Thirdway Holdings Limitedultimate parent75–100%
The Thirdway Group Limited75–100%
Thirdway Pulse 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
Tribe Furniture LimitedRev. £15.9m · Profit £2.8m
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 £577k), 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.