TT Electronics PLC
Registered name: TT ELECTRONICS PLC
TT Electronics PLC made £481m revenue and a £50.6m loss in the year to 31 Dec 2025.
TT Electronics PLC’s revenue fell 8% to £481m in the year to 31 Dec 2025, with a loss of £50.6m and 3,760 employees. The company is classified under “activities of head offices” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 120 yrs · since 1906
- Type
- Public Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £614m | £521m | £481m |
| Cost of sales | −£472m | −£411m | −£371m |
| Gross profit | £142m | £110m | £110m |
| Operating profit | £3m | −£23.5m | −£28.2m |
| Profit before tax | −£6.8m | −£33.4m | −£36.7m |
| Profit after tax | −£11.3m | −£53.4m | −£50.6m |
| Profit (best available) | −£11.3m | −£53.4m | −£50.6m |
| Employees (average) | 4,996 | 4,284 | 3,760 |
| Ratios | |||
| Profit margin | −1.8% | −10.3% | −10.5% |
| Gross margin | 23.2% | 21.1% | 22.9% |
| Revenue per employee | £123k | £122k | £128k |
| Profit per employee | −£2.3k | −£12.5k | −£13.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▼15.1% | ▼7.6% |
| Headcount growth | — | ▼14.2% | ▼12.2% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −10.5%
- Profit ÷ revenue.
- Gross margin
- 22.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £128k
- Revenue ÷ average employees.
- Profit per employee
- −£13.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼12%
- Now 3,760
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (9)
- Aero Stanrew Group LimitedFigures not disclosed
- Automotive Electronic Systems LimitedFigures not disclosed
- Dale Electric International LimitedFigures not disclosed
- TT Electronics Europe LimitedFigures not disclosed
- TT Electronics Group Holdings LimitedFigures not disclosed
- Tte Trustees LimitedFigures not disclosed
- TTG Investments LimitedFigures not disclosed
- TTG Nominees LimitedFigures not disclosed
- TTG Pension Trustees LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£50.6m), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.