How much does Tellermate Limited make?

Tellermate Limited reported revenue of £5.8m and a loss of £944k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Tellermate Limited have?

Tellermate Limited reported an average of 40 employees in the year to 31 Dec 2025.

Is Tellermate Limited profitable?

No — Tellermate Limited reported a loss of £944k in the year to 31 Dec 2025.

Company No. 01522341 · Incorporated 15 Oct 1980

Tellermate Limited

Registered name: TELLERMATE LIMITED

Part of Cash Management Solutions Limited group

Tellermate Limited made £5.8m revenue and a £944k loss in the year to 31 Dec 2025. read from filing text

Tellermate Limited’s revenue fell 44% to £5.8m in the year to 31 Dec 2025, with a loss of £944k and 40 employees. The company is classified under “manufacture of electronic measuring, testing etc. equipment, not for industrial process control” and is based in Newport; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 26511Manufacture of electronic measuring, testing etc. equipment, not for industrial process control

Status: Active
Location: Newport, Wales
Age: 45 yrs · since 1980
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company's immediate parent undertaking is Tellermate Holdings Limited ("THL"). THL's parent company Cash Management Solutions Limited heads the smallest and largest group in which the results of t”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£5.8m

Growth ▼43.7%

Profit

−£944k

Growth ▼191.6%

Profit margin

−16.4%

Gross 56.2%

Employees

Change ▼2.4%

Profit / employee

−£23.6k

Revenue/employee £144k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£7.2m	£10.2m	£10.2m	£5.8m
Cost of sales	£3.3m	£4.9m	£4.7m	£2.5m
Gross profit	£3.9m	£5.3m	£5.5m	£3.2m
Operating profit	£369k	£976k	£1.2m	−£1.3m
Profit before tax	£431k	£1m	£1.2m	−£1.2m
Profit after tax	£714k	£907k	£1m	−£944k
Profit (best available)	£714k	£907k	£1m	−£944k
Staff costs	£2.2m	£2.3m	£2.2m	£2.2m
Employees (average)	44	41	41	40
Ratios
Profit margin	10%	8.9%	10.1%	−16.4%
Gross margin	54.6%	52.3%	53.7%	56.2%
Revenue per employee	£163k	£249k	£250k	£144k
Profit per employee	£16.2k	£22.1k	£25.1k	−£23.6k
Growth (year on year)
Revenue growth	—	▲42.6%	▲0.4%	▼43.7%
Profit growth	—	▲27%	▲13.7%	▼191.6%
Headcount growth	—	▼6.8%	0%	▼2.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£671k	£1.6m	£1.9m	£597k
Net assets	£6.1m	£7m	£8m	£7.1m
Fixed assets	£626k	£590k	£458k	£247k
Current assets	£8m	£11.4m	£10.4m	£9.7m
Debtors	£672k	£3.1m	£647k	£278k
Deferred income	£534k	£667k	£312k	£278k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: −16.4%; Profit ÷ revenue.
Gross margin: 56.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £144k; Revenue ÷ average employees.
Profit per employee: −£23.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.8%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼12%; Now £7.1m
Cash at bank: ▼68%; Now £597k
Headcount: ▼2%; Now 40
Deferred income: ▼11%; Now £278k
Fixed assets: ▼46%; Now £247k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Cash Management Solutions Limitedultimate parent75–100%
Tellermate Holdings Limited75–100%
Tellermate Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£944k), 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.