How much does Teneo Limited make?

Teneo Limited reported revenue of £12.6m and a loss of £65.5k in the year to 30 Jun 2024, according to its accounts filed at Companies House.

How many employees does Teneo Limited have?

Teneo Limited reported an average of 36 employees in the year to 30 Jun 2024.

Is Teneo Limited profitable?

No — Teneo Limited reported a loss of £65.5k in the year to 30 Jun 2024.

Company No. 03928202 · Incorporated 17 Feb 2000

Teneo Limited

Registered name: TENEO LIMITED

Part of Teneo Group Limited group

Teneo Limited made £12.6m revenue and a £65.5k loss in the year to 30 Jun 2024.

Teneo Limited’s revenue grew 2% to £12.6m in the year to 30 Jun 2024, with a loss of £65.5k and 36 employees. The company is classified under “information technology consultancy activities” and is based in Reading; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: Reading, South East
Age: 26 yrs · since 2000
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 30 Jun 2024

Key figures

Capital-lightDoing more with less

Revenue

£12.6m

Growth ▲2.5%

Profit

−£65.5k

Growth ▼127%

Profit margin

−0.5%

Gross 24.7%

Employees

Change ▼7.7%

Profit / employee

−£1.8k

Revenue/employee £350k

Profitable streak

0yrs

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	30 Jun 2022	30 Jun 2023	30 Jun 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.1m	£12.3m	£12.6m
Cost of sales	£9.2m	£9.4m	£9.5m
Gross profit	£2.8m	£2.9m	£3.1m
Operating profit	−£406k	£139k	−£137k
Profit before tax	−£405k	£157k	−£106k
Profit after tax	−£343k	£242k	−£65.5k
Profit (best available)	−£343k	£242k	−£65.5k
Staff costs	£3.1m	£2.8m	£2.7m
Employees (average)	43	39	36
Ratios
Profit margin	−2.8%	2%	−0.5%
Gross margin	23.4%	23.9%	24.7%
Revenue per employee	£280k	£315k	£350k
Profit per employee	−£8k	£6.2k	−£1.8k
Growth (year on year)
Revenue growth	—	▲2%	▲2.5%
Profit growth	—	—	▼127%
Headcount growth	—	▼9.3%	▼7.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7m	£934k	£564k
Net assets	£1.4m	£1.3m	£907k
Fixed assets	£1.1m	£1.1m	£1.1m
Current assets	£6.5m	£6.7m	£4.1m
Debtors	£1.3m	£2.6m	£1.4m
Deferred income	£3.6m	£3.8m	£2.5m
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2025

Derived from the latest filing

How the business works

Profit margin: −0.5%; Profit ÷ revenue.
Gross margin: 24.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £350k; Revenue ÷ average employees.
Profit per employee: −£1.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 19.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11%; 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: ▼30%; Now £907k
Cash at bank: ▼40%; Now £564k
Headcount: ▼8%; Now 36
Deferred income: ▼34%; Now £2.5m
Fixed assets: ▲2%; Now £1.1m

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

Teneo Group Limitedultimate parent75–100%
Teneo Limitedthis company

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

Subsidiaries (1)

Geode Services LimitedFigures not disclosed

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 30 Jun 2024 (profit −£65.5k), from the Companies House accounts bulk data published Mar 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.