How much does Titon Associates Limited make?

Titon Associates Limited reported revenue of £8.9m and £4.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Titon Associates Limited have?

Titon Associates Limited reported an average of 2 employees in the year to 31 Mar 2025.

Is Titon Associates Limited profitable?

Yes — Titon Associates Limited reported a profit of £4.2m in the year to 31 Mar 2025.

Company No. 03684214 · Incorporated 10 Dec 1998

Titon Associates Limited

Registered name: TITON ASSOCIATES LIMITED

Part of Fairmile Holding UK Ltd. group

Titon Associates Limited made £8.9m revenue and £4.2m profit in the year to 31 Mar 2025.

Titon Associates Limited’s revenue grew 590% to £8.9m in the year to 31 Mar 2025, with £4.2m profit and 2 employees. The company is classified under “financial management” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70221Financial management

Status: Active
Location: London, London
Age: 27 yrs · since 1998
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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: “Fairmile Advisors Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Small teamCapital-lightOperating leverageCash flow filed

Revenue

£8.9m

Growth ▲590.4%

Profit

£4.2m

Growth ▲2270%

Profit margin

47.1%

Gross 100%

Employees

Change 0%

Profit / employee

£2.1m

Revenue/employee £4.5m

Profitable streak

3yrs

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 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.8m	£1.3m	£8.9m
Gross profit	£1.8m	£1.3m	£8.9m
Operating profit	£991k	£320k	£5.6m
Profit before tax	£983k	£323k	£5.6m
Profit after tax	£793k	£177k	£4.2m
Profit (best available)	£793k	£177k	£4.2m
Employees (average)	2	2	2
Ratios
Profit margin	44.7%	13.7%	47.1%
Gross margin	100%	100%	100%
Revenue per employee	£887k	£646k	£4.5m
Profit per employee	£396k	£88.6k	£2.1m
Cash conversion	220.8%	38.5%	103.8%
Growth (year on year)
Revenue growth	—	▼27.1%	▲590.4%
Profit growth	—	▼77.6%	▲2270%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£405k	£433k	£6.2m
Net assets	£883k	£960k	£5.2m
Fixed assets	£208k	£206k	£205k
Current assets	£886k	£884k	£9.1m
Debtors	£334k	£426k	£2.8m
Deferred income	£108k	£112k	£2.8m
Cash from operations	£2.2m	£123k	£5.8m
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: 47.1%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £4.5m; Revenue ÷ average employees.
Profit per employee: £2.1m; Profit ÷ average employees.
Cash conversion: 103.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 31.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 31.8%; 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: ▲438%; Now £5.2m
Cash at bank: ▲1342%; Now £6.2m
Headcount: 0%; Now 2
Deferred income: ▲2382%; Now £2.8m
Fixed assets: ▼1%; Now £205k

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

Fairmile Holding UK Ltd.ultimate parent75–100%
Fairmile Advisors Holding Ltd.50–75%
Fairmile Advisors Limited75–100%
Titon Associates 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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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £4.2m), from the Companies House accounts bulk data published Jun 2025. 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.