THIRDWAY INTERIORS LIMITED
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Cash
£8.5m
+89.6% highest in 4 filed years
Net assets
£13m
-20.2% vs 2024
Employees
142
+14.5% highest in 4 filed years
Profit before tax
£6.3m
+4.9% highest in 3 filed years
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | £73,923,734 | £87,164,456 | £107,296,470 | +23.1% | |
| Operating profit | — | £774,794 | £6,009,386 | £6,296,434 | +4.8% | |
| Profit before tax | — | £799,757 | £6,049,595 | £6,346,302 | +4.9% | |
| Net profit | — | £764,897 | £4,695,670 | £4,406,131 | -6.2% | |
| Cash | £4,353,232 | £2,337,285 | £4,469,241 | £8,474,681 | +89.6% | |
| Total assets less current liabilities | £11,399,895 | £12,164,792 | £16,841,537 | £13,535,705 | -19.6% | |
| Net assets | £11,345,649 | £12,110,546 | £16,806,216 | £13,412,347 | -20.2% | |
| Equity | — | £12,110,546 | £16,806,216 | £13,412,347 | -20.2% | |
| Average employees | 117 | 127 | 124 | 142 | +14.5% | |
| Wages | — | £9,090,322 | £9,224,259 | £10,903,474 | +18.2% | |
| Directors' remuneration | — | £1,504,606 | £1,175,140 | £1,470,834 | +25.2% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | 1.0% | 6.9% | 5.9% | |
| Net margin | — | 1.0% | 5.4% | 4.1% | |
| Return on capital employed | — | 6.4% | 35.7% | 46.5% | |
| Gearing (liabilities / total assets) | — | — | 63.0% | 77.1% | |
| Current ratio | — | 1.55x | 1.58x | 1.29x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- THIRDWAY INTERIORS LIMITED 2012-12-28 → present
- THIRD WAY INTERIORS LIMITED 2010-01-12 → 2012-12-28
Audit & accounting basis
- Accounting basis
- FRS 102
- Auditor
- Brebners
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “Subsequent to 31 December 2025, the company was served notice by the landlord of three leasehold properties that it intended to exercise break clauses in accordance with the provisions of the leases.”
- “Subject to satisfaction of the relevant lease conditions, the exercise of these break clauses will result in the early termination of the leases.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOOTH, Mason Jay | Director | 2013-01-07 | Apr 1972 | British |
| GILLAM, Benjamin Jordan Paisley | Director | 2010-01-21 | Jul 1983 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GILBERT, Alexander Shaun | Director | 2023-01-24 | 2023-10-02 |
| JACOBS, Yomtov Eliezer | Director | 2010-01-12 | 2010-01-13 |
| MUNRO, David Fraser | Director | 2011-02-23 | 2021-02-05 |
| SULLIVAN, Michael John | Director | 2018-07-20 | 2023-01-10 |
| SWEENEY, Jonathan Terence | Director | 2016-06-08 | 2021-12-31 |
| WARD, Timothy Adam | Director | 2015-09-01 | 2016-05-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Thirdway Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 68 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-10 | AA | accounts | Accounts with accounts type full | |
| 2026-01-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-06-10 | CH01 | officers | Change person director company with change date | |
| 2025-01-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-21 | AA | accounts | Accounts with accounts type full | |
| 2023-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-30 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-05 | AA | accounts | Accounts with accounts type full | |
| 2022-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-19 | AA | accounts | Accounts with accounts type full | |
| 2021-03-04 | TM01 | officers | Termination director company with name termination date | |
| 2021-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-31 | AA | accounts | Accounts with accounts type full | |
| 2020-12-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.