Skip to content
CompanySight
Company No. 04361268 · Incorporated 28 Jan 2002

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
Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightCash flow filed
Revenue
£2.1m
Growth ▼43.9%
Profit
−£480k
Growth ▼174.4%
Profit margin
−22.6%
Gross 13.5%
Employees
26
Change ▼7.1%
Profit / employee
−£18.5k
Revenue/employee £81.8k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Mar 202331 Mar 202431 Mar 2025
DisclosureNo P&LFull P&LFull P&LFull 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)24252826
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
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

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.
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
▼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.

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.