How much does Utax (UK) Limited make?

Utax (UK) Limited reported revenue of £7.1m and a loss of £449k in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Utax (UK) Limited have?

Utax (UK) Limited reported an average of 17 employees in the year to 31 Mar 2026.

Is Utax (UK) Limited profitable?

No — Utax (UK) Limited reported a loss of £449k in the year to 31 Mar 2026.

Company No. 02381870 · Incorporated 9 May 1989

Utax (UK) Limited

Registered name: UTAX (UK) LIMITED

Part of Ta Triumph-Adler Gmbh group

Utax (UK) Limited made £7.1m revenue and a £449k loss in the year to 31 Mar 2026.

Utax (UK) Limited’s revenue grew 5% to £7.1m in the year to 31 Mar 2026, with a loss of £449k and 17 employees. The company is classified under “wholesale of other office machinery and equipment” and is based in Chippenham; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46660Wholesale of other office machinery and equipment

Status: Active
Location: Chippenham, South West
Age: 37 yrs · since 1989
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.

Latest accounts · year to 31 Mar 2026

Key figures

Capital-lightDoing more with lessCash flow filed

Revenue

£7.1m

Growth ▲4.8%

Profit

−£449k

Growth ▼267.8%

Profit margin

−6.3%

Gross 23.2%

Employees

Change ▼15%

Profit / employee

−£26.4k

Revenue/employee £415k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£8m	£6.7m	£7.1m
Cost of sales	£5.9m	£4.4m	£5.4m
Gross profit	£2.2m	£2.3m	£1.6m
Profit before tax	−£508k	£267k	−£449k
Profit after tax	−£508k	£267k	−£449k
Profit (best available)	−£508k	£267k	−£449k
Staff costs	£1.5m	£1.3m	£1.3m
Employees (average)	24	20	17
Ratios
Profit margin	−6.3%	4%	−6.3%
Gross margin	27.1%	34.8%	23.2%
Revenue per employee	£335k	£337k	£415k
Profit per employee	−£21.2k	£13.4k	−£26.4k
Growth (year on year)
Revenue growth	—	▼16.2%	▲4.8%
Profit growth	—	—	▼267.8%
Headcount growth	—	▼16.7%	▼15%
Balance sheet — indirect signals, not revenue
Cash at bank	£597k	£919k	£1.9m
Net assets	£248k	£516k	£67k
Fixed assets	£21.6k	£11.4k	£5.8k
Current assets	£2.9m	£3m	£3.5m
Debtors	£1.2m	£1.1m	£1.1m
Cash from operations	£335k	−£322k	−£959k
Source	FullAccounts · bulk data Oct 2025	FullAccounts · bulk data Oct 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −6.3%; Profit ÷ revenue.
Gross margin: 23.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £415k; Revenue ÷ average employees.
Profit per employee: −£26.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.1%; 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: ▼87%; Now £67k
Cash at bank: ▲104%; Now £1.9m
Headcount: ▼15%; Now 17
Deferred income: —; Now —
Fixed assets: ▼49%; Now £5.8k

Corporate ownership

Group structure

Ownership chain

Ta Triumph-Adler Gmbh (registered outside the UK register)ultimate parent75–100%
Utax (UK) 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).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit −£449k), from the Companies House accounts bulk data published Sep 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.