How much does Ttec Consulting (UK) Limited make?

Ttec Consulting (UK) Limited reported revenue of £5.2m and £1.9m profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Ttec Consulting (UK) Limited have?

Ttec Consulting (UK) Limited reported an average of 51 employees in the year to 31 Dec 2022.

Is Ttec Consulting (UK) Limited profitable?

Yes — Ttec Consulting (UK) Limited reported a profit of £1.9m in the year to 31 Dec 2022.

Company No. 03424866 · Incorporated 26 Aug 1997

Ttec Consulting (UK) Limited

Registered name: TTEC CONSULTING (UK) LIMITED

Ttec Consulting (UK) Limited made £5.2m revenue and £1.9m profit in the year to 31 Dec 2022. read from filing text

Ttec Consulting (UK) Limited’s revenue grew 26% to £5.2m in the year to 31 Dec 2022, with £1.9m profit and 51 employees. The company is classified under “management consultancy activities other than financial management” and is based in Chiswick; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management SIC 85320Technical and vocational secondary education

Status: Active
Location: Chiswick, London
Age: 29 yrs · since 1997
Type: Private Limited Company

Latest accounts · year to 31 Dec 2022

Key figures

IndependentOperating leverage

Revenue

£5.2m

Growth ▲25.7%

Profit

£1.9m

Growth ▲3205%

Profit margin

35.5%

Gross −17.2%

Employees

Change ▲37.8%

Profit / employee

£36.5k

Revenue/employee £103k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£4.2m	£5.2m
Cost of sales	£4.9m	£6.1m
Gross profit	−£785k	−£899k
Operating profit	£32.5k	−£1.8m
Profit before tax	−£50.9k	−£1.9m
Profit after tax	£56.3k	£1.9m
Profit (best available)	£56.3k	£1.9m
Staff costs	£4.9m	£6.3m
Employees (average)	37	51
Ratios
Profit margin	1.4%	35.5%
Gross margin	−18.9%	−17.2%
Revenue per employee	£112k	£103k
Profit per employee	£1.5k	£36.5k
Growth (year on year)
Revenue growth	—	▲25.7%
Profit growth	—	▲3205%
Headcount growth	—	▲37.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£1m	£1m
Net assets	£983k	£2.2m
Current assets	£3.4m	£6.3m
Debtors	£944k	£718k
Deferred income	£1.5m	£765k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 35.5%; Profit ÷ revenue.
Gross margin: −17.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £103k; Revenue ÷ average employees.
Profit per employee: £36.5k; 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: 14.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.7%; 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: ▲124%; Now £2.2m
Cash at bank: ▼3%; Now £1m
Headcount: ▲38%; Now 51
Deferred income: ▼49%; Now £765k
Fixed assets: —; Now —

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

Minority corporate shareholders

Ttec Europe B.V. (registered outside the UK register)

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 2022 (profit £1.9m), from the Companies House accounts bulk data published Dec 2023. 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.