Tnei Services Limited
Registered name: TNEI SERVICES LIMITED
Part of The New Energy Group Eot Limited groupTnei 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.
- 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.
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&L | Full P&L | Full P&L | Full 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) | 72 | 92 | 126 | 110 |
| Ratios | ||||
| Profit margin | 17.5% | 15.7% | 15.5% | 14.1% |
| Gross margin | 47.5% | 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 conversion | 48.6% | 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 | — | — |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Jul 2026 |
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.
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.
Group structure
Ownership chain
- The New Energy Group Eot Limitedultimate parent75–100%
- The New Energy Group Limited75–100%
- The New Energy Holdings Limited75–100%
- 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).
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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.