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Company No. 05872378 · Incorporated 11 Jul 2006

Techtarget Limited

Registered name: TECHTARGET LIMITED

Part of Techtarget, Inc. group

Techtarget Limited made £24.8m revenue and £226k profit in the year to 31 Dec 2023.

Techtarget Limited’s revenue fell 12% to £24.8m in the year to 31 Dec 2023, with £226k profit and 98 employees. The company is classified under “other information technology service activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities
Status
Active
Location
London, London
Age
20 yrs · since 2006
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 2023

Key figures

Capital-light
Revenue
£24.8m
Growth ▼11.8%
Profit
£226k
Growth ▼78%
Profit margin
0.9%
Gross 100%
Employees
98
Change ▼6.7%
Profit / employee
£2.3k
Revenue/employee £253k
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 to31 Dec 202231 Dec 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£28.1m£24.8m
Gross profit£28.1m£24.8m
Operating profit£1m£915k
Profit before tax£1m£915k
Profit after tax£1m£226k
Profit (best available)£1m£226k
Staff costs£8m£8m
Employees (average)10598
Ratios
Profit margin3.6%0.9%
Gross margin100%100%
Revenue per employee£268k£253k
Profit per employee£9.8k£2.3k
Growth (year on year)
Revenue growth—▼11.8%
Profit growth—▼78%
Headcount growth—▼6.7%
Balance sheet — indirect signals, not revenue
Cash at bank£5k£31.7k
Net assets£6.6m£6.8m
Fixed assets£2.5m£2.4m
Current assets£4.8m£5.4m
Debtors£4.7m£5.4m
Deferred income£206k£167k
SourceAccounts · bulk data Dec 2024Accounts · bulk data Dec 2024
Derived from the latest filing

How the business works

Profit margin
0.9%
Profit ÷ revenue.
Gross margin
100%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£253k
Revenue ÷ average employees.
Profit per employee
£2.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
9.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
21.6%
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
▲3%
Now £6.8m
Cash at bank
▲539%
Now £31.7k
Headcount
▼7%
Now 98
Deferred income
▼19%
Now £167k
Fixed assets
▼3%
Now £2.4m

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

  1. Techtarget, Inc. (registered outside the UK register)ultimate parent75–100%
  2. Techtarget Limitedthis 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

Latest figures from accounts for the year to 31 Dec 2023 (profit £226k), from the Companies House accounts bulk data published Dec 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.