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Company No. 03220592 · Incorporated 4 Jul 1996

Azego TS Limited

Registered name: AZEGO TS LIMITED

Part of Azego Group Holdings Limited group

Azego TS Limited made £15.8m revenue and £192k profit in the year to 31 Dec 2025.

Azego TS Limited’s revenue grew 42% to £15.8m in the year to 31 Dec 2025, with £192k profit and 35 employees. The company is classified under “other information technology service activities” and is based in Reading; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities
Status
Active
Location
Reading, South East
Age
30 yrs · since 1996
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: “Azego Group Holdings Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightDoing more with less
Revenue
£15.8m
Growth ▲41.5%
Profit
£192k
Growth —
Profit margin
1.2%
Gross 24.6%
Employees
35
Change ▼5.4%
Profit / employee
£5.5k
Revenue/employee £451k
Profitable streak
1yr
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£105m£27.5m£11.2m£15.8m
Cost of sales£77.7m£20m£8.3m£11.9m
Gross profit£27.3m£7.6m£2.8m£3.9m
Operating profit£23.1m£3.4m−£286k£316k
Profit before tax£23.1m£3.6m−£212k£320k
Profit after tax£18.7m£2.9m−£204k£192k
Profit (best available)£18.7m£2.9m−£204k£192k
Staff costs—£2.9m£1.8m£2.2m
Employees (average)37343735
Ratios
Profit margin17.8%10.5%−1.8%1.2%
Gross margin26%27.5%25.4%24.6%
Revenue per employee£2.8m£810k£302k£451k
Profit per employee£505k£85.4k−£5.5k£5.5k
Growth (year on year)
Revenue growth—▼73.8%▼59.5%▲41.5%
Profit growth—▼84.5%▼107%—
Headcount growth—▼8.1%▲8.8%▼5.4%
Balance sheet — indirect signals, not revenue
Cash at bank£8.1m£6.2m£726k£95.3k
Net assets£13.7m£2.6m£2.4m£2.6m
Fixed assets£1.4m£622k£487k£512k
Current assets£26.5m£10.4m£3.8m£6.9m
Debtors£14.6m£2.3m£1.8m£4.9m
Deferred income£2.2m£1.2m£431k£393k
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
1.2%
Profit ÷ revenue.
Gross margin
24.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£451k
Revenue ÷ average employees.
Profit per employee
£5.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
3.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
31.2%
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
▲8%
Now £2.6m
Cash at bank
▼87%
Now £95.3k
Headcount
▼5%
Now 35
Deferred income
▼9%
Now £393k
Fixed assets
▲5%
Now £512k

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

  1. Azego Group Holdings Limitedultimate parent75–100%
  2. Azego TS Limitedthis company

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

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £192k), 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.