How much does Teach First make?

Teach First reported revenue of £58.3m and a loss of £372k in the year to 31 Aug 2025, according to its accounts filed at Companies House.

How many employees does Teach First have?

Teach First reported an average of 704 employees in the year to 31 Aug 2025.

Is Teach First profitable?

No — Teach First reported a loss of £372k in the year to 31 Aug 2025.

Company No. 04478840 · Incorporated 5 Jul 2002

Teach First

Registered name: TEACH FIRST

Teach First made £58.3m revenue and a £372k loss in the year to 31 Aug 2025.

Teach First’s revenue was £58.3m in the year to 31 Aug 2025, with a loss of £372k and 704 employees. The company is classified under “educational support services” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85600Educational support services

Status: Active
Location: London, London
Age: 24 yrs · since 2002
Type: PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)

Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.

Latest accounts · year to 31 Aug 2025

Key figures

IndependentDoing more with less

Revenue

£58.3m

Growth ▲0.2%

Profit

−£372k

Growth —

Profit margin

−0.6%

Employees

704

Change ▼34.1%

Profit / employee

−£528

Revenue/employee £82.8k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Aug 2023	31 Aug 2024	31 Aug 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£63.5m	£58.2m	£58.3m
Cost of sales	£64.8m	£61.8m	—
Operating profit	−£1.4m	−£3.6m	−£372k
Profit before tax	−£1.4m	−£3.6m	−£372k
Profit after tax	−£1.4m	−£3.6m	−£372k
Profit (best available)	−£1.4m	−£3.6m	−£372k
Employees (average)	951	1,069	704
Ratios
Profit margin	−2.1%	−6.2%	−0.6%
Revenue per employee	£66.7k	£54.4k	£82.8k
Profit per employee	−£1.4k	−£3.4k	−£528
Growth (year on year)
Revenue growth	—	▼8.3%	▲0.2%
Headcount growth	—	▲12.4%	▼34.1%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Jun 2025	Accounts · bulk data Jun 2025	Accounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: −0.6%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £82.8k; Revenue ÷ average employees.
Profit per employee: −£528; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: ▼34%; Now 704
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (1)

Teach First Trading LimitedRev. £152k · Profit £120k

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 accounts for the year to 31 Aug 2025 (profit −£372k), from the Companies House accounts bulk data published Feb 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.