TMC Technology UK Co., Ltd.
Registered name: TMC TECHNOLOGY UK CO., LTD.
Part of Ibase Inc. groupTMC Technology UK Co., Ltd. made £12.1m revenue and £504k profit in the year to 31 Dec 2025. read from filing text
TMC Technology UK Co., Ltd.’s revenue fell 5% to £12.1m in the year to 31 Dec 2025, with £504k profit and 10 employees. The company is classified under “wholesale of computers, computer peripheral equipment and software” and is based in Hertfordshire; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hertfordshire, East of England
- Age
- 34 yrs · since 1992
- 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 parent company of TMC Technology UK Co., Limited is IBASE Inc, a company registered in Samoa. The ultimate parent undertaking is IBASE Technology Inc, which prepare the IBASE Group consolidated fi”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £16.7m | £12.1m | £12.7m | £12.1m |
| Cost of sales | £14m | £10.1m | £10.7m | £10.3m |
| Gross profit | £2.7m | £2m | £2m | £1.8m |
| Operating profit | £1.6m | £755k | £699k | £462k |
| Profit before tax | £1.6m | £845k | £929k | £666k |
| Profit after tax | £1.3m | £638k | £693k | £504k |
| Profit (best available) | £1.3m | £638k | £693k | £504k |
| Staff costs | £944k | £981k | £1m | £1.1m |
| Employees (average) | 11 | 10 | 10 | 10 |
| Ratios | ||||
| Profit margin | 7.6% | 5.3% | 5.4% | 4.2% |
| Gross margin | 16.4% | 16.4% | 15.9% | 14.9% |
| Revenue per employee | £1.5m | £1.2m | £1.3m | £1.2m |
| Profit per employee | £116k | £63.8k | £69.3k | £50.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼27.7% | ▲5.4% | ▼4.7% |
| Profit growth | — | ▼49.9% | ▲8.5% | ▼27.2% |
| Headcount growth | — | ▼9.1% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £6.1m | £6.5m | £6.8m | £7.2m |
| Net assets | £6.5m | £7.1m | £7.8m | £8.3m |
| Fixed assets | £77.1k | £62.4k | £49.5k | £37.1k |
| Current assets | £8.3m | £8.3m | £9m | £9.4m |
| Debtors | £1.3m | £1.3m | £1.6m | £1.6m |
| Deferred income | £30k | £22.5k | £27k | £26.6k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 4.2%
- Profit ÷ revenue.
- Gross margin
- 14.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.2m
- Revenue ÷ average employees.
- Profit per employee
- £50.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.5%
- 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
- ▲6%
- Now £8.3m
- Cash at bank
- ▲7%
- Now £7.2m
- Headcount
- 0%
- Now 10
- Deferred income
- ▼1%
- Now £26.6k
- Fixed assets
- ▼25%
- Now £37.1k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Ibase Inc. (registered outside the UK register)ultimate parent75–100%
- TMC Technology UK Co., Ltd.this 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
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £504k), from the Companies House accounts bulk data published Aug 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.