How much does Thistle Timber and Building Supplies Limited make?

Thistle Timber and Building Supplies Limited reported revenue of £18.6m and £824k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Thistle Timber and Building Supplies Limited have?

Thistle Timber and Building Supplies Limited reported an average of 59 employees in the year to 31 Dec 2025.

Is Thistle Timber and Building Supplies Limited profitable?

Yes — Thistle Timber and Building Supplies Limited reported a profit of £824k in the year to 31 Dec 2025.

Company No. SC182761 · Incorporated 5 Feb 1998

Thistle Timber and Building Supplies Limited

Registered name: THISTLE TIMBER AND BUILDING SUPPLIES LIMITED

Part of Thistle T&BS Holdings Limited group

Thistle Timber and Building Supplies Limited made £18.6m revenue and £824k profit in the year to 31 Dec 2025. read from filing text

Thistle Timber and Building Supplies Limited’s revenue grew 6% to £18.6m in the year to 31 Dec 2025, with £824k profit and 59 employees. The company is classified under “wholesale of wood, construction materials and sanitary equipment”; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46730Wholesale of wood, construction materials and sanitary equipment

Status: Active
Location: Scotland
Age: 28 yrs · since 1998
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. From the filing: “The parent of the company is Thistle T&Bs Holdings Limited.”

Latest accounts · year to 31 Dec 2025

Key figures

Operating leverageDoing more with lessCash flow filed

Revenue

£18.6m

Growth ▲6.1%

Profit

£824k

Growth ▲6.4%

Profit margin

4.4%

Gross 31.5%

Employees

Change ▼1.7%

Profit / employee

£14k

Revenue/employee £314k

Profitable streak

4yrs

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&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)	£19.7m	£17.7m	£17.5m	£18.6m
Cost of sales	£13.6m	£12.3m	£12.2m	£12.7m
Gross profit	£6m	£5.4m	£5.3m	£5.9m
Operating profit	£2.3m	£1m	£937k	£1m
Profit before tax	£2.3m	£1.1m	£1m	£1.1m
Profit after tax	£1.9m	£786k	£774k	£824k
Profit (best available)	£1.9m	£786k	£774k	£824k
Staff costs	£2.3m	£2.6m	£2.7m	£2.9m
Employees (average)	55	54	60	59
Ratios
Profit margin	9.5%	4.4%	4.4%	4.4%
Gross margin	30.7%	30.4%	30.5%	31.5%
Revenue per employee	£358k	£328k	£291k	£314k
Profit per employee	£34.1k	£14.6k	£12.9k	£14k
Cash conversion	−102%	−166.7%	−133.2%	−155.8%
Growth (year on year)
Revenue growth	—	▼10%	▼1.3%	▲6.1%
Profit growth	—	▼58.2%	▼1.5%	▲6.4%
Headcount growth	—	▼1.8%	▲11.1%	▼1.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£5m	£3.1m	£2.9m	£4.1m
Net assets	£8m	£6.8m	£7.6m	£8.4m
Fixed assets	£1.4m	£1.4m	£2.5m	£2.4m
Current assets	£8.3m	£6.9m	£7.1m	£7.9m
Debtors	£1.8m	£1.3m	£1.3m	£1m
Deferred income	£231k	£216k	£363k	£360k
Cash from operations	−£2.4m	−£1.7m	−£1.2m	−£1.6m
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: 4.4%; Profit ÷ revenue.
Gross margin: 31.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £314k; Revenue ÷ average employees.
Profit per employee: £14k; Profit ÷ average employees.
Cash conversion: −155.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.6%; 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: ▲11%; Now £8.4m
Cash at bank: ▲40%; Now £4.1m
Headcount: ▼2%; Now 59
Deferred income: ▼1%; Now £360k
Fixed assets: ▼4%; Now £2.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Thistle T&BS Holdings Limitedultimate parent75–100%
Thistle Timber and Building Supplies Limitedthis company

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

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £824k), 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.