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Company No. 03891836 · Incorporated 10 Dec 1999

Tnei Services Limited

Registered name: TNEI SERVICES LIMITED

Part of The New Energy Group Eot Limited group

Tnei Services Limited made £12m revenue and £1.7m profit in the year to 31 Dec 2025.

Tnei Services Limited’s revenue fell 4% to £12m in the year to 31 Dec 2025, with £1.7m profit and 110 employees. The company is classified under “other business support service activities” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
Status
Active
Location
Manchester, North West
Age
26 yrs · since 1999
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 Dec 2025

Key figures

Capital-light
Revenue
£12m
Growth ▼4.4%
Profit
£1.7m
Growth ▼13.1%
Profit margin
14.1%
Gross 46.7%
Employees
110
Change ▼12.7%
Profit / employee
£15.4k
Revenue/employee £109k
Profitable streak
4yrs
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)£7.8m£10.7m£12.6m£12m
Cost of sales£4.1m£6.3m£7m£6.4m
Gross profit£3.7m£4.3m£5.6m£5.6m
Operating profit£1.6m£2.2m£2.6m£2.4m
Profit before tax£1.5m£2.1m£2.5m£2.2m
Profit after tax£1.4m£1.7m£1.9m£1.7m
Profit (best available)£1.4m£1.7m£1.9m£1.7m
Staff costs£4.2m£5.5m£6.7m£6.7m
Employees (average)7292126110
Ratios
Profit margin17.5%15.7%15.5%14.1%
Gross margin47.5%40.7%44.4%46.7%
Revenue per employee£108k£116k£99.8k£109k
Profit per employee£18.9k£18.2k£15.5k£15.4k
Cash conversion48.6%70.9%——
Growth (year on year)
Revenue growth—▲37.2%▲17.8%▼4.4%
Profit growth—▲23.1%▲16.2%▼13.1%
Headcount growth—▲27.8%▲37%▼12.7%
Balance sheet — indirect signals, not revenue
Cash at bank£1m£1.5m£2.8m£2.8m
Net assets£2.9m£4.6m£3.9m£5.3m
Fixed assets£134k£112k£223k£425k
Current assets£9m£10.5m£14.3m£10.2m
Debtors£1.2m£2.1m£1.4m£2m
Deferred income£1.3m£1.7m£2.2m£2.4m
Cash from operations£787k£1.6m——
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
14.1%
Profit ÷ revenue.
Gross margin
46.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£109k
Revenue ÷ average employees.
Profit per employee
£15.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
3.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
20%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
16.6%
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
▲37%
Now £5.3m
Cash at bank
▼2%
Now £2.8m
Headcount
▼13%
Now 110
Deferred income
▲11%
Now £2.4m
Fixed assets
▲90%
Now £425k

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. The New Energy Group Eot Limitedultimate parent75–100%
  2. The New Energy Group Limited75–100%
  3. The New Energy Holdings Limited75–100%
  4. Tnei Services 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

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.7m), from the Companies House accounts bulk data published Jul 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.