Our Taap UK Ltd
Registered name: OUR TAAP UK LTD
Part of Strauss Water Ltd groupOur Taap UK Ltd made £8.9m revenue and a £645k loss in the year to 31 Dec 2024. read from filing text
Our Taap UK Ltd’s revenue fell 2% to £8.9m in the year to 31 Dec 2024, with a loss of £645k and 35 employees. The company is classified under “retail sale via stalls and markets of other goods” and is based in London; we hold 3 years of its filed accounts.
- 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. From the filing: “At the balance sheet date, Strauss Water Limited is the immediate parent company and Strauss Group Limited is the ultimate parent company by nature of their majority shareholding. Both companies are i”
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 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £7.6m | £9m | £8.9m |
| Cost of sales | £6.6m | £7.5m | £5.3m |
| Gross profit | £1m | £1.6m | £3.6m |
| Operating profit | −£2.7m | −£1.9m | −£258k |
| Profit before tax | −£6.3m | £31m | −£645k |
| Profit after tax | −£6.3m | £31m | −£645k |
| Profit (best available) | −£6.3m | £31m | −£645k |
| Employees (average) | 26 | 32 | 35 |
| Ratios | |||
| Profit margin | −82.2% | 343.2% | −7.3% |
| Gross margin | 13.6% | 17.5% | 40.6% |
| Revenue per employee | £293k | £282k | £253k |
| Profit per employee | −£241k | £969k | −£18.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲18.6% | ▼2.1% |
| Profit growth | — | — | ▼102.1% |
| Headcount growth | — | ▲23.1% | ▲9.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £844k | £503k | £635k |
| Net assets | −£32.5m | £2.8m | £3.2m |
| Debtors | £1.7m | £1.5m | £654k |
| Cash from operations | −£624k | £2.7m | −£735k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −7.3%
- Profit ÷ revenue.
- Gross margin
- 40.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £253k
- Revenue ÷ average employees.
- Profit per employee
- −£18.4k
- 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
- 7.4%
- 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
- ▲15%
- Now £3.2m
- Cash at bank
- ▲26%
- Now £635k
- Headcount
- ▲9%
- Now 35
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Strauss Water Ltd (registered outside the UK register)ultimate parent50–75%
- Our Taap UK Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Minority corporate shareholders
- Culligan (UK) Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£645k), 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.