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Company No. 07974624 · Incorporated 2 Mar 2012

Tela Technology Limited

Registered name: TELA TECHNOLOGY LIMITED

Tela Technology Limited made £23.5m revenue and £565k profit in the year to 31 May 2025.

Tela Technology Limited’s revenue grew 8% to £23.5m in the year to 31 May 2025, with £565k profit and 139 employees. The company is classified under “wired telecommunications activities” and is based in Solihull; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 61100Wired telecommunications activitiesSIC 61200Wireless telecommunications activitiesSIC 62020Information technology consultancy activitiesSIC 63110Data processing, hosting and related activities
Status
Active
Location
Solihull, West Midlands
Age
14 yrs · since 2012
Type
Private Limited Company
Latest accounts · year to 31 May 2025

Key figures

IndependentDoing more with lessCash flow filed
Revenue
£23.5m
Growth ▲8.1%
Profit
£565k
Growth ▼12.9%
Profit margin
2.4%
Gross 46.1%
Employees
139
Change ▲20.9%
Profit / employee
£4.1k
Revenue/employee £169k
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 May 202331 May 202431 May 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£21.1m£21.7m£23.5m
Cost of sales£11.9m£12.6m−£12.6m
Gross profit£9.1m£9.1m£10.8m
Operating profit£2.1m£2.2m£1m
Profit before tax£835k£972k£1m
Profit after tax£751k£649k£565k
Profit (best available)£751k£649k£565k
Staff costs£5.5m£5.4m—
Employees (average)121115139
Ratios
Profit margin3.6%3%2.4%
Gross margin43.4%41.9%46.1%
Revenue per employee£174k£189k£169k
Profit per employee£6.2k£5.6k£4.1k
Cash conversion119.4%110.3%—
Growth (year on year)
Revenue growth—▲2.9%▲8.1%
Profit growth—▼13.6%▼12.9%
Headcount growth—▼5%▲20.9%
Balance sheet — indirect signals, not revenue
Cash at bank£2.3m£3.8m—
Net assets£102k£750k—
Fixed assets£6.6m£5.4m—
Current assets£8.9m£10.1m—
Debtors£427k£691k—
Deferred income£1.2m£1.1m—
Cash from operations£2.5m£2.4m—
SourceFullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2025Accounts · bulk data Feb 2026
Derived from the latest filing

How the business works

Profit margin
2.4%
Profit ÷ revenue.
Gross margin
46.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£169k
Revenue ÷ average employees.
Profit per employee
£4.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
—
Now —
Cash at bank
—
Now —
Headcount
▲21%
Now 139
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Subsidiaries (8)

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 accounts for the year to 31 May 2025 (profit £565k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.