THARSUS GROUP LIMITED
Get an alert when THARSUS GROUP LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£4m
-42.1% lowest in 3 filed years
Net assets
£12m
-15.1% lowest in 3 filed years
Employees
218
-6.4% lowest in 3 filed years
Profit before tax
-£2m
-581% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-11-30
| Metric | Trend | 2023-11-30 | 2024-11-30 | 2025-11-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £50,873,490 | £24,505,163 | £18,576,131 | -24.2% | |
| Operating profit | £1,082,164 | £267,193 | -£1,962,738 | -834.6% | |
| Profit before tax | £1,003,640 | £412,925 | -£1,986,126 | -581% | |
| Net profit | £866,075 | £371,975 | -£1,547,138 | -515.9% | |
| Cash | £9,321,569 | £6,926,856 | £4,008,788 | -42.1% | |
| Total assets less current liabilities | £17,977,810 | £16,761,370 | £13,886,604 | -17.2% | |
| Net assets | £16,285,796 | £14,463,673 | £12,276,838 | -15.1% | |
| Equity | £16,285,796 | £14,463,673 | £12,276,838 | -15.1% | |
| Average employees | 297 | 233 | 218 | -6.4% | |
| Wages | £11,619,997 | £9,208,219 | £8,610,083 | -6.5% | |
| Directors' remuneration | £541,881 | £781,974 | £229,167 | -70.7% | |
| Directors' pension contributions | £22,377 | £32,025 | £0 | -100% | |
| Highest paid director | £258,333 | £474,949 | £225,000 | -52.6% |
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 | 2023-11-30 | 2024-11-30 | 2025-11-30 |
|---|---|---|---|---|
| Operating margin | 2.1% | 1.1% | -10.6% | |
| Net margin | 1.7% | 1.5% | -8.3% | |
| Return on capital employed | 6.0% | 1.6% | -14.1% | |
| Gearing (liabilities / total assets) | 38.3% | 38.7% | 38.6% | |
| Current ratio | 2.25x | 2.17x | 1.70x | |
| Interest cover | 8.67x | 2.32x | -12.51x |
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
- THARSUS GROUP LIMITED 2012-07-09 → present
- THARSUS LIMITED 2012-03-29 → 2012-07-09
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- UNW LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on these assessments, the directors confirm that they have a reasonable expectation that the group will continue in operation and meet its liabilities as they fall due in the normal course of business for at least the next twelve months following approval of these financial statements.”
Group structure
- THARSUS GROUP LIMITED · parent
- Tharsus Limited 100%
- Universal Wolf Limited 100%
- Tharsus Direct Limited 100%
- VersaTile Automation Limited 100%
- VersaTile Newco Limited 100%
Significant events
- “During the year the company bought back 6,500 Growth shares of £1 each for consideration of £9,697 and subsequently cancelled the shares.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PALMER, Brian | Secretary | 2018-07-26 | — | — |
| PALMER, Brian Andrew | Director | 2012-03-29 | May 1966 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLAXALL, Chris | Secretary | 2018-05-30 | 2018-07-25 |
| DONNAN, Michelle | Secretary | 2015-01-05 | 2016-06-10 |
| MOFFETT, Carl William | Secretary | 2014-04-22 | 2015-01-05 |
| PALMER, Brian Andrew | Secretary | 2016-06-10 | 2018-05-30 |
| PALMER, Brian Andrew | Secretary | 2012-03-29 | 2014-04-22 |
| BLAXALL, Chris | Director | 2018-05-29 | 2018-07-25 |
| HATT, Graham Charles | Director | 2012-03-29 | 2013-11-30 |
| HUTCHINSON, Michael James | Director | 2012-07-13 | 2015-06-12 |
| LUCAS, John William | Director | 2017-10-19 | 2017-10-19 |
| MCCOURT, Martin | Director | 2020-12-01 | 2024-12-31 |
| MOFFETT, Carl William | Director | 2014-04-22 | 2015-01-05 |
| MURRAY, Gerard Thomas | Director | 2019-01-24 | 2022-03-31 |
| RAUTAVUORI, Joni Kalervo | Director | 2023-04-01 | 2024-11-30 |
| SAYER, Peter Allen | Director | 2012-07-13 | 2018-11-23 |
| SMITH, Richard David | Director | 2016-01-19 | 2017-01-20 |
| SUCH, Martin John | Director | 2017-02-01 | 2017-09-29 |
| SUTHERLAND, John | Director | 2015-01-26 | 2020-12-31 |
| SWAN, David Peter | Director | 2012-07-13 | 2019-08-06 |
| WILLIAMS, David John | Director | 2014-04-01 | 2026-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Brian Andrew Palmer | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 86 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-01 | AA | accounts | Accounts with accounts type group | |
| 2026-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-24 | SH06 | capital | Capital cancellation shares | |
| 2025-08-28 | AA | accounts | Accounts with accounts type group | |
| 2025-04-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-14 | SH06 | capital | Capital cancellation shares | |
| 2025-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-04 | SH06 | capital | Capital cancellation shares | |
| 2024-10-28 | SH06 | capital | Capital cancellation shares | |
| 2024-08-29 | AA | accounts | Accounts with accounts type group | |
| 2024-04-29 | SH06 | capital | Capital cancellation shares | |
| 2024-04-10 | SH01 | capital | Capital allotment shares | |
| 2024-04-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-02 | SH06 | capital | Capital cancellation shares | |
| 2023-09-04 | AA | accounts | Accounts with accounts type group | |
| 2023-06-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-21 | SH06 | capital | Capital cancellation shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 4
- Officers appointed
- 0
- Officers resigned
- 1
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.