THE THIRDWAY GROUP 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

  —

  Not reported

• Cash

  -94.2%

  £2,343 → £135

  lowest in 3 filed years

• Net assets

  -19.5%

  -£7,168,014 → -£8,566,099

  lowest in 3 filed years

• Employees

  —

  Not reported

• Operating profit

  -441.9%

  -£261,138 → -£1,415,108

• Profit before tax

  -692.4%

  £238,862 → -£1,415,108

  lowest in 3 filed years

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Brebners

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company made a loss for the year ended 31 December 2024 and had a net deficiency of assets. An amount of £10,464,279 was due to group trading subsidiaries, who confirmed they will not call for repayment until the company has sufficient working capital and will provide further funds if needed. Directors have a reasonable expectation of continued operational existence.”

Group structure

1. THE THIRDWAY GROUP LIMITED · parent
   1. Thirdway Interiors Limited 100% · London · provision of interior design and build services across tenant and landlord clients.
   2. Tribe Furniture Limited 100% · London · supply of office furniture.
   3. IV Real Estate Limited 100% · London · development and management of commercial property.
   4. Thirdway Architecture Limited 100% · London · provision of architectural and consultancy services.
   5. Thirdway Contracts Limited 91.7% · London · provision of interior design and build services.
   6. IV Development Limited 85.2% · London · provision of commercial property consultancy services.
   7. Thirdway Pulse Limited 100% · London · provision of commercial property management services.
   8. Thirdway TX Limited 100% · London · provision of commercial property management services.
   9. DThree Commercial Limited 50% · London · provision of interior design services.

Significant events

• “The total amount of guarantees not included in the statement of financial position is £500,000 (2023 - £500,000) in respect of a group overdraft facility.”

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.