How much does Triconnex Ltd make?

Triconnex Ltd reported revenue of £51.3m and a loss of £1.4m in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Triconnex Ltd have?

Triconnex Ltd reported an average of 249 employees in the year to 31 Mar 2026.

Is Triconnex Ltd profitable?

No — Triconnex Ltd reported a loss of £1.4m in the year to 31 Mar 2026.

Company No. 07466247 · Incorporated 10 Dec 2010

Triconnex Ltd

Registered name: TRICONNEX LTD

Part of FWCP Spark (UK) Midco Limited group

Triconnex Ltd made £51.3m revenue and a £1.4m loss in the year to 31 Mar 2026.

Triconnex Ltd’s revenue grew 11% to £51.3m in the year to 31 Mar 2026, with a loss of £1.4m and 249 employees. The company is classified under “other construction installation” and is based in Braintree; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43290Other construction installation

Status: Active
Location: Braintree, East of England
Age: 15 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.

Latest accounts · year to 31 Mar 2026

Key figures

Capital-lightDoing more with lessBoring industry

Revenue

£51.3m

Growth ▲11.3%

Profit

−£1.4m

Growth —

Profit margin

−2.7%

Gross 26%

Employees

249

Change ▼5.3%

Profit / employee

−£5.5k

Revenue/employee £206k

Profitable streak

0yrs

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	31 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£46.1m	£51.3m
Cost of sales	£33.8m	£37.9m
Gross profit	£12.3m	£13.3m
Operating profit	£233k	£451k
Profit before tax	−£1.1m	−£1.4m
Profit after tax	−£989k	−£1.4m
Profit (best available)	−£989k	−£1.4m
Staff costs	£14.6m	£14.6m
Employees (average)	263	249
Ratios
Profit margin	−2.1%	−2.7%
Gross margin	26.6%	26%
Revenue per employee	£175k	£206k
Profit per employee	−£3.8k	−£5.5k
Growth (year on year)
Revenue growth	—	▲11.3%
Headcount growth	—	▼5.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.9m	£4.3m
Net assets	£10.6m	£9.3m
Fixed assets	£3.9m	£3.8m
Current assets	£61.3m	£64m
Debtors	£9.1m	£10.1m
Deferred income	£939k	£3.4m
Source	FullAccounts · bulk data Sep 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −2.7%; Profit ÷ revenue.
Gross margin: 26%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £206k; Revenue ÷ average employees.
Profit per employee: −£5.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.7%; 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: ▼13%; Now £9.3m
Cash at bank: ▼37%; Now £4.3m
Headcount: ▼5%; Now 249
Deferred income: ▲266%; Now £3.4m
Fixed assets: ▼3%; Now £3.8m

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

FWCP Spark (UK) Midco Limitedultimate parent75–100%
Advanced Utility Networks Limited75–100%
Triconnex Ltdthis company

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

Sister companies (1)

Esmart Networks LimitedRev. £15.4m · Profit −£1.1m

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit −£1.4m), from the Companies House accounts bulk data published Sep 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.