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Company No. 07239735 · Incorporated 29 Apr 2010

Teads Limited

Registered name: TEADS LIMITED

Part of Teads Holding Co. group

Teads Limited made £56.2m revenue and £6.6m profit in the year to 31 Dec 2024. read from filing text

Teads Limited’s revenue fell 3% to £56.2m in the year to 31 Dec 2024, with £6.6m profit and 122 employees. The company is classified under “media representation services” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 73120Media representation services
Status
Active
Location
London, London
Age
16 yrs · since 2010
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: “Teads SA is the immediate parent company, registered in Luxembourg. The ultimate parent company is Next Alt S.à r.l. registered in Luxembourg. The ultimate controlling party is considered to be Mr. Pa”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light
Revenue
£56.2m
Growth ▼3.3%
Profit
£6.6m
Growth ▼15.7%
Profit margin
11.8%
Gross 56.8%
Employees
122
Change ▲5.2%
Profit / employee
£54.2k
Revenue/employee £461k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£64.1m£58.1m£56.2m
Cost of sales£27m£23.6m£24.3m
Gross profit£37.1m£34.6m£31.9m
Operating profit£18.5m£9m£7.7m
Profit before tax£18.6m£10.1m£9m
Profit after tax£15m£7.8m£6.6m
Profit (best available)£15m£7.8m£6.6m
Staff costs£14m——
Employees (average)122116122
Ratios
Profit margin23.3%13.5%11.8%
Gross margin57.9%59.5%56.8%
Revenue per employee£526k£501k£461k
Profit per employee£123k£67.6k£54.2k
Growth (year on year)
Revenue growth—▼9.4%▼3.3%
Profit growth—▼47.6%▼15.7%
Headcount growth—▼4.9%▲5.2%
Balance sheet — indirect signals, not revenue
Cash at bank£5.1m£3.1m£4m
Net assets£58.5m£66.3m£7.6m
Fixed assets£171k£142k£137k
Current assets£83.4m£86m£95.5m
Debtors£16.9m£15m£15.2m
Deferred income£10.1m£10.3m£9m
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024FullAccounts · bulk data Jun 2025
Derived from the latest filing

How the business works

Profit margin
11.8%
Profit ÷ revenue.
Gross margin
56.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£461k
Revenue ÷ average employees.
Profit per employee
£54.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
16%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
27%
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
▼88%
Now £7.6m
Cash at bank
▲31%
Now £4m
Headcount
▲5%
Now 122
Deferred income
▼13%
Now £9m
Fixed assets
▼4%
Now £137k

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. Teads Holding Co. (registered outside the UK register)ultimate parent75–100%
  2. Ot UK Holdings Limited75–100%
  3. Teads Limitedthis company

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

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £6.6m), from the Companies House accounts bulk data published Jun 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.