THIRDWAY INTERIORS LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +17.9%

  £73,923,734 → £87,164,456

• Cash

  +91.2%

  £2,337,285 → £4,469,241

  highest in 3 filed years

• Net assets

  +38.8%

  £12,110,546 → £16,806,216

  highest in 3 filed years

• Employees

  -2.4%

  127 → 124

• Operating profit

  +675.6%

  £774,794 → £6,009,386

• Profit before tax

  +656.4%

  £799,757 → £6,049,595

• Wages

  +1.5%

  £9,090,322 → £9,224,259

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. THIRDWAY INTERIORS LIMITED 2012-12-28 → present
2. THIRD WAY INTERIORS LIMITED 2010-01-12 → 2012-12-28

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

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

• “Turnover in 2024 was 18% higher than in 2023 and with a disciplined drive on gross margins across the business this turnover increase generated an increase in gross profit of 30%.”
• “The growth in turnover combined with improvements in gross margin and control of overheads has resulted in an increase in profit before tax of over £5.2m compared to 2023 which represents a growth of over 650%.”
• “During the year ended 31 December 2024, employment costs as a percentage of revenues were right sized through improved cost control. This resulted in a reduction in administrative expenses of 1% in the year.”
• “The total energy consumption and absolute CO2e figures have fallen from 2023, leading to a reduction in intensity ratio per employee.”
• “Following the appointment of our Head of Sustainability in Q4 of 2023, we have developed a Net Zero Carbon (NZC) roadmap and are committed to achieving NZC across scopes 1 and 2 by 2030, and scope 3 by 2045.”
• “Thirdway Interiors has partnered with The Thirdway Trust, which is the group's charitable arm that supports communities both locally and globally. The Salmon Youth Centre in Bermondsey is one of the Trust's partners through whom the group has been able to provide work experience workshops with young people, donated second-hand furniture through Tribe and donated laptops to young people in need.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.