Tier 2 Consulting Limited
Registered name: TIER 2 CONSULTING LIMITED
Tier 2 Consulting Limited made £2.1m revenue and a £480k loss in the year to 31 Mar 2025.
Tier 2 Consulting Limited’s revenue fell 44% to £2.1m in the year to 31 Mar 2025, with a loss of £480k and 26 employees. The company is classified under “information technology consultancy activities” and is based in Stevenage; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Stevenage, East of England
- Age
- 24 yrs · since 2002
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £5.1m | £3.8m | £2.1m |
| Cost of sales | — | £3m | £2.2m | £1.8m |
| Gross profit | — | £2.1m | £1.6m | £286k |
| Operating profit | — | £1.2m | £823k | −£555k |
| Profit before tax | — | £1.2m | £862k | −£480k |
| Profit after tax | — | £950k | £645k | −£480k |
| Profit (best available) | — | £950k | £645k | −£480k |
| Staff costs | — | £2.2m | £2.1m | £1.9m |
| Employees (average) | 24 | 25 | 28 | 26 |
| Ratios | ||||
| Profit margin | — | 18.8% | 17% | −22.6% |
| Gross margin | — | 40.9% | 41.3% | 13.5% |
| Revenue per employee | — | £202k | £135k | £81.8k |
| Profit per employee | — | £38k | £23k | −£18.5k |
| Cash conversion | — | 171% | 9.7% | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼43.9% |
| Profit growth | — | — | — | ▼174.4% |
| Headcount growth | — | — | — | ▼7.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.2m | £1.9m | £1.8m | £1.8m |
| Net assets | £1.1m | £1.9m | £2m | £1.5m |
| Fixed assets | £13.7k | £9.9k | £4.6k | £3.8k |
| Current assets | £1.7m | £2.5m | £3.2m | £2.5m |
| Debtors | £406k | £390k | £1m | £409k |
| Deferred income | — | £137k | £232k | £72.5k |
| Cash from operations | — | £2m | £79.7k | £139k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −22.6%
- Profit ÷ revenue.
- Gross margin
- 13.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £81.8k
- Revenue ÷ average employees.
- Profit per employee
- −£18.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.2%
- 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
- ▼25%
- Now £1.5m
- Cash at bank
- ▲4%
- Now £1.8m
- Headcount
- ▼7%
- Now 26
- Deferred income
- ▼69%
- Now £72.5k
- Fixed assets
- ▼17%
- Now £3.8k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Ware-Cycle LimitedLondon · Information technology consultancy activities
- Revenue
- £2.1m
- Profit
- £284k
- Staff
- 4
- Blackmagic Design (Technology) LimitedBournemouth · Information technology consultancy activities
- Revenue
- £2.1m
- Profit
- £317k
- Staff
- 21
- Equitech Group LimitedNorthampton · Information technology consultancy activities
- Revenue
- £2.2m
- Profit
- £307k
- Staff
- 13
- Scalian UK LimitedBristol · Information technology consultancy activities
- Revenue
- £2.2m
- Profit
- £12.4k
- Staff
- 23
- W3 Partnership LimitedMilton Keynes · Information technology consultancy activities
- Revenue
- £2m
- Profit
- £409k
- Staff
- 8
- Aqi Solutions LtdBirmingham · Information technology consultancy activities
- Revenue
- £2m
- Profit
- £1.1m
- Staff
- 11
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£480k), from the Companies House accounts bulk data published Nov 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.