Tsquared P1 Limited
ActiveSC242073ConstructionIncorporated 9 Jan 2003 · Glasgow
The principal activity of the company in the year under review was that of the design and construction of mechanical and specialist services, turnkey construction laboratories, cleanrooms and office refurbishments.
Revenue
£10.9m
▼ -37.3% vs prior ~12m period
Profit after tax
£4.1m
Margin 49.6%
Employees
19
– 0.0% vs prior ~12m period
Net assets
£14.6m
Total assets £20.5m
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
Mar 2020Not available
Mar 2021
£23.5m
Mar 2022
£36.6m▲ +55.7%
Mar 2023
£29.1m▼ -20.5%
Mar 2024
£17.3m▼ -40.5%
Mar 2025
£10.9m▼ -37.3%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Mar 2025 | £10.9m | ▼ -37.3% | £5.4m | 19 | £14.6m |
| 31 Mar 2024 | £17.3m | ▼ -40.5% | £7.2m | 19 | £13.9m |
| 31 Mar 2023 | £29.1m | ▼ -20.5% | £10.1m | 24 | £13.7m |
| 31 Mar 2022 | £36.6m | ▲ +55.7% | £5.5m | 35 | £7.8m |
| 31 Mar 2021 | £23.5m | — | £3.9m | 30 | £6.0m |
| 31 Mar 2020 | — | — | — | — | £4.0m |
Latest available figures
Period ending 31 Mar 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £10.9m
- Gross profit
- £6.5m
- Operating profit
- Not available
- Profit before tax
- £5.4m
- Profit after tax
- £4.1m
Balance sheet
- Total assets
- £20.5m
- Cash
- £13.3m
- Total liabilities
- £5.9m
- Net assets
- £14.6m
- Revenue per employee
- £573k
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