How much does Trio Advisory UK Ltd make?

Trio Advisory UK Ltd reported revenue of £16.1m and £343k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Trio Advisory UK Ltd have?

Trio Advisory UK Ltd reported an average of 277 employees in the year to 31 Dec 2024.

Is Trio Advisory UK Ltd profitable?

Yes — Trio Advisory UK Ltd reported a profit of £343k in the year to 31 Dec 2024.

Company No. 04688350 · Incorporated 6 Mar 2003

Trio Advisory UK Ltd

Registered name: TRIO ADVISORY UK LTD

Part of Quartus Investments Limited group

Trio Advisory UK Ltd made £16.1m revenue and £343k profit in the year to 31 Dec 2024.

Trio Advisory UK Ltd’s revenue grew 13% to £16.1m in the year to 31 Dec 2024, with £343k profit and 277 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: London, London
Age: 23 yrs · since 2003
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 31 Dec 2024

Key figures

Cash flow filed

Revenue

£16.1m

Growth ▲13.1%

Profit

£343k

Growth —

Profit margin

2.1%

Gross 81.9%

Employees

277

Change ▲8.2%

Profit / employee

£1.2k

Revenue/employee £58k

Profitable streak

1yr

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 to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11.4m	£12.6m	£14.2m	£16.1m
Cost of sales	£3.5m	£3.3m	£3.2m	£2.9m
Gross profit	£7.9m	£9.3m	£11m	£13.2m
Operating profit	£305k	£175k	−£390k	£385k
Profit before tax	£272k	£164k	−£390k	£385k
Profit after tax	£180k	£264k	−£433k	£343k
Profit (best available)	£180k	£264k	−£433k	£343k
Employees (average)	191	203	256	277
Ratios
Profit margin	1.6%	2.1%	−3%	2.1%
Gross margin	69%	74.2%	77.2%	81.9%
Revenue per employee	£59.8k	£62.1k	£55.5k	£58k
Profit per employee	£940	£1.3k	−£1.7k	£1.2k
Cash conversion	422.1%	109.8%	—	22.3%
Growth (year on year)
Revenue growth	—	▲10.4%	▲12.7%	▲13.1%
Profit growth	—	▲47%	▼263.9%	—
Headcount growth	—	▲6.3%	▲26.1%	▲8.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.4m	£1.9m	£2.5m	£1.9m
Net assets	£5.6m	£6m	£5.6m	£5.5m
Fixed assets	£5.2m	£5.2m	£5.2m	£5.2m
Current assets	£7m	£6.4m	£7.8m	£6.7m
Debtors	£1m	£1.3m	£1.8m	£2.2m
Cash from operations	£1.3m	£192k	£652k	£85.6k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 2.1%; Profit ÷ revenue.
Gross margin: 81.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £58k; Revenue ÷ average employees.
Profit per employee: £1.2k; Profit ÷ average employees.
Cash conversion: 22.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 32.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.7%; 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: ▼1%; Now £5.5m
Cash at bank: ▼24%; Now £1.9m
Headcount: ▲8%; Now 277
Deferred income: —; Now —
Fixed assets: ▼0%; Now £5.2m

Corporate ownership

Group structure

Ownership chain

Quartus Investments Limitedultimate parent75–100%
Trio Advisory UK Ltdthis company

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

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £343k), from the Companies House accounts bulk data published Sep 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.