How much does Technical Asset Management Limited make?

Technical Asset Management Limited reported revenue of £11.6m and £148k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Technical Asset Management Limited have?

Technical Asset Management Limited reported an average of 83 employees in the year to 31 Mar 2025.

Is Technical Asset Management Limited profitable?

Yes — Technical Asset Management Limited reported a profit of £148k in the year to 31 Mar 2025.

Company No. 05312823 · Incorporated 14 Dec 2004

Technical Asset Management Limited

Registered name: TECHNICAL ASSET MANAGEMENT LIMITED

Part of Tech Engineering Group Ltd group

Technical Asset Management Limited made £11.6m revenue and £148k profit in the year to 31 Mar 2025. read from filing text

Technical Asset Management Limited’s revenue grew 10% to £11.6m in the year to 31 Mar 2025, with £148k profit and 83 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Maidstone; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: Maidstone, South East
Age: 21 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. From the filing: “The parent company of Technical Asset Management Limited is Tech Engineering Group Ltd, which has the registered office of The Carriage House, Mill Street, Maidstone, Kent ME15 6YE.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightBoring industryCash flow filed

Revenue

£11.6m

Growth ▲9.8%

Profit

£148k

Growth ▼40.7%

Profit margin

1.3%

Gross 35.3%

Employees

Change ▲6.4%

Profit / employee

£1.8k

Revenue/employee £139k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£10.5m	£11.6m
Cost of sales	—	—	£6.7m	£7.5m
Gross profit	—	—	£3.9m	£4.1m
Operating profit	—	—	£392k	£340k
Profit before tax	—	—	£362k	£302k
Profit after tax	—	—	£250k	£148k
Profit (best available)	—	—	£250k	£148k
Staff costs	—	—	£4m	£4.3m
Employees (average)	81	79	78	83
Ratios
Profit margin	—	—	2.4%	1.3%
Gross margin	—	—	36.7%	35.3%
Revenue per employee	—	—	£135k	£139k
Profit per employee	—	—	£3.2k	£1.8k
Cash conversion	—	—	−89.9%	−121%
Growth (year on year)
Revenue growth	—	—	—	▲9.8%
Profit growth	—	—	—	▼40.7%
Headcount growth	—	▼2.5%	▼1.3%	▲6.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£126k	£17.8k	£144k	£274k
Net assets	−£202k	−£179k	£71.7k	£220k
Fixed assets	£339k	£313k	£293k	£368k
Current assets	£2.8m	£2.9m	£4m	£3.3m
Debtors	£2.4m	£2.6m	£3.5m	£2.8m
Deferred income	—	—	£47.2k	£86.9k
Cash from operations	—	—	−£353k	−£412k
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 1.3%; Profit ÷ revenue.
Gross margin: 35.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £139k; Revenue ÷ average employees.
Profit per employee: £1.8k; Profit ÷ average employees.
Cash conversion: −121%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; 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: ▲207%; Now £220k
Cash at bank: ▲90%; Now £274k
Headcount: ▲6%; Now 83
Deferred income: ▲84%; Now £86.9k
Fixed assets: ▲25%; Now £368k

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

Tech Engineering Group Ltdultimate parent75–100%
Technical Asset Management Limitedthis company

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

Sister companies (1)

Tech Compliance 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 31 Mar 2025 (profit £148k), 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.