How much does Teemill Tech Ltd make?

Teemill Tech Ltd reported revenue of £29.4m and £1.9m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Teemill Tech Ltd have?

Teemill Tech Ltd reported an average of 245 employees in the year to 31 Dec 2025.

Is Teemill Tech Ltd profitable?

Yes — Teemill Tech Ltd reported a profit of £1.9m in the year to 31 Dec 2025.

Company No. 07071956 · Incorporated 10 Nov 2009

Teemill Tech Ltd

Registered name: TEEMILL TECH LTD

Part of Hih UK Bidco III Limited group

Teemill Tech Ltd made £29.4m revenue and £1.9m profit in the year to 31 Dec 2025. read from filing text

Teemill Tech Ltd’s revenue grew 9% to £29.4m in the year to 31 Dec 2025, with £1.9m profit and 245 employees. The company is classified under “other software publishing” and is based in Freshwater; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 58290Other software publishing SIC 62012Business and domestic software development SIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: Freshwater, South East
Age: 16 yrs · since 2009
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 ultimate controlling parties are M Drake-Knight & R Drake-Knight by virtue of their shareholding and directorship.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverageCash flow filed

Revenue

£29.4m

Growth ▲8.6%

Profit

£1.9m

Growth ▲51.6%

Profit margin

6.4%

Gross 44.5%

Employees

245

Change ▲21.3%

Profit / employee

£7.7k

Revenue/employee £120k

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£14.5m	£19.8m	£27m	£29.4m
Cost of sales	£8.6m	£12.3m	£16.5m	£16.3m
Gross profit	£5.9m	£7.5m	£10.5m	£13.1m
Operating profit	−£497k	−£166k	£1.4m	£2.5m
Profit before tax	−£527k	−£204k	£1.3m	£2.5m
Profit after tax	−£243k	−£205k	£1.2m	£1.9m
Profit (best available)	−£243k	−£205k	£1.2m	£1.9m
Staff costs	£3.4m	£4.7m	£5.2m	£5.2m
Employees (average)	145	181	202	245
Ratios
Profit margin	−1.7%	−1%	4.6%	6.4%
Gross margin	40.6%	37.7%	38.8%	44.5%
Revenue per employee	£100k	£109k	£134k	£120k
Profit per employee	−£1.7k	−£1.1k	£6.2k	£7.7k
Cash conversion	—	—	−117.8%	−70%
Growth (year on year)
Revenue growth	—	▲36.2%	▲36.7%	▲8.6%
Profit growth	—	—	—	▲51.6%
Headcount growth	—	▲24.8%	▲11.6%	▲21.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£3.3m	£4.5m	£5.8m
Net assets	£3.2m	£3m	£4.2m	£6.1m
Fixed assets	£1.7m	£1.8m	£1.7m	£1.6m
Current assets	£6.1m	£7.1m	£9.2m	£11.3m
Debtors	£10.1k	£185k	£767k	£588k
Deferred income	£684k	£627k	£415k	£436k
Cash from operations	£209k	£907k	−£1.6m	−£1.8m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 6.4%; Profit ÷ revenue.
Gross margin: 44.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £120k; Revenue ÷ average employees.
Profit per employee: £7.7k; Profit ÷ average employees.
Cash conversion: −70%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2%; 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: ▲45%; Now £6.1m
Cash at bank: ▲28%; Now £5.8m
Headcount: ▲21%; Now 245
Deferred income: ▲5%; Now £436k
Fixed assets: ▼3%; Now £1.6m

Corporate ownership

Group structure

Ownership chain

Hih UK Bidco III Limitedultimate parent75–100%
Teemill Tech Ltdthis company

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

Sister companies (1)

Podos Tech LtdFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.9m), from the Companies House accounts bulk data published Aug 2026. 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.