How much does Tei Limited make?

Tei Limited reported revenue of £29.3m and £418k profit in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Tei Limited have?

Tei Limited reported an average of 216 employees in the year to 30 Sep 2023.

Is Tei Limited profitable?

Yes — Tei Limited reported a profit of £418k in the year to 30 Sep 2023.

Company No. 05236072 · Incorporated 20 Sep 2004

Tei Limited

Registered name: TEI LIMITED

Part of TEi Group Limited group

Tei Limited made £29.3m revenue and £418k profit in the year to 30 Sep 2023.

Tei Limited’s revenue grew 26% to £29.3m in the year to 30 Sep 2023, with £418k profit and 216 employees. The company is classified under “other specialised construction activities” and is based in Birmingham; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.

Status: In Administration
Location: Birmingham, West Midlands
Age: 22 yrs · since 2004
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 30 Sep 2023

Key figures

Capital-lightBoring industryCash flow filed

Revenue

£29.3m

Growth ▲26.4%

Profit

£418k

Growth ▼56.3%

Profit margin

1.4%

Gross 20.1%

Employees

216

Change ▲9.1%

Profit / employee

£1.9k

Revenue/employee £136k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£23.2m	£29.3m
Cost of sales	£18m	£23.4m
Gross profit	£5.2m	£5.9m
Operating profit	£487k	£449k
Profit before tax	£396k	£238k
Profit after tax	£956k	£418k
Profit (best available)	£956k	£418k
Employees (average)	198	216
Ratios
Profit margin	4.1%	1.4%
Gross margin	22.5%	20.1%
Revenue per employee	£117k	£136k
Profit per employee	£4.8k	£1.9k
Cash conversion	295.1%	−240.6%
Growth (year on year)
Revenue growth	—	▲26.4%
Profit growth	—	▼56.3%
Headcount growth	—	▲9.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£289k	£305k
Net assets	£2.9m	£1.3m
Fixed assets	£107k	£191k
Current assets	£12.7m	£9.3m
Debtors	£8.6m	£7m
Deferred income	£1.6m	£676k
Cash from operations	£1.4m	−£1.1m
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: 1.4%; Profit ÷ revenue.
Gross margin: 20.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £136k; Revenue ÷ average employees.
Profit per employee: £1.9k; Profit ÷ average employees.
Cash conversion: −240.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 24%; 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: ▼56%; Now £1.3m
Cash at bank: ▲6%; Now £305k
Headcount: ▲9%; Now 216
Deferred income: ▼57%; Now £676k
Fixed assets: ▲78%; Now £191k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

TEi Group Limitedultimate parent75–100%
Tei Limitedthis company

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

Subsidiaries (1)

Gtei LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2023 (profit £418k), from the Companies House accounts bulk data published May 2024. 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.