TFS Volbroker Limited
Registered name: TFS VOLBROKER LIMITED
Part of Compagnie Financial Tradition Sa groupTFS Volbroker Limited made £16.7m revenue and £1.3m profit in the year to 31 Dec 2023.
TFS Volbroker Limited’s revenue grew 4% to £16.7m in the year to 31 Dec 2023, with £1.3m profit and 30 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 26 yrs · since 2000
- 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.
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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £16.1m | £16.7m |
| Gross profit | £16.1m | £16.7m |
| Operating profit | £1.7m | £1.8m |
| Profit before tax | £1.7m | £2m |
| Profit after tax | £1.3m | £1.3m |
| Profit (best available) | £1.3m | £1.3m |
| Employees (average) | 30 | 30 |
| Ratios | ||
| Profit margin | 8.3% | 7.8% |
| Gross margin | 100% | 100% |
| Revenue per employee | £537k | £558k |
| Profit per employee | £44.3k | £43.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▲3.8% |
| Profit growth | — | ▼1.3% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £10.5m | £11.8m |
| Net assets | £12.1m | £13.5m |
| Fixed assets | £349k | £298k |
| Current assets | £16.3m | £17.4m |
| Debtors | £4.7m | £5.1m |
| Deferred income | £1.9m | £1.7m |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 |
How the business works
- Profit margin
- 7.8%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £558k
- Revenue ÷ average employees.
- Profit per employee
- £43.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 10%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 30.5%
- 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
- ▲11%
- Now £13.5m
- Cash at bank
- ▲12%
- Now £11.8m
- Headcount
- 0%
- Now 30
- Deferred income
- ▼11%
- Now £1.7m
- Fixed assets
- ▼15%
- Now £298k
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
- Compagnie Financial Tradition Sa (registered outside the UK register)ultimate parent50–75%
- TFS-Icap Holdings Limited50–75%
- TFS Volbroker Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- TFS-Icap Currency Options LimitedFigures not disclosed
Minority corporate shareholders
- Volbroker.com Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £1.3m), from the Companies House accounts bulk data published Jun 2024. 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.