How much does Tenancy Deposits (Ni) Limited make?

Tenancy Deposits (Ni) Limited reported revenue of £85.9k and £54.9k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Tenancy Deposits (Ni) Limited have?

Tenancy Deposits (Ni) Limited reported an average of 3 employees in the year to 31 Dec 2023.

Is Tenancy Deposits (Ni) Limited profitable?

Yes — Tenancy Deposits (Ni) Limited reported a profit of £54.9k in the year to 31 Dec 2023.

Company No. 08297035 · Incorporated 16 Nov 2012

Tenancy Deposits (Ni) Limited

Registered name: TENANCY DEPOSITS (NI) LIMITED

Part of Brown & Brown, Inc group

Tenancy Deposits (Ni) Limited made £85.9k revenue and £54.9k profit in the year to 31 Dec 2023.

Tenancy Deposits (Ni) Limited’s revenue was £85.9k in the year to 31 Dec 2023, with £54.9k profit and 3 employees. The company is classified under “other business support service activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 13 yrs · since 2012
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

Small team

Revenue

£85.9k

Growth —

Profit

£54.9k

Growth —

Profit margin

63.9%

Employees

Change —

Profit / employee

£18.3k

Revenue/employee £28.6k

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 to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£33k	£85.9k
Profit before tax	£24.8k	£69.1k
Profit after tax	£20.4k	£54.9k
Profit (best available)	£20.4k	£54.9k
Employees (average)	3	3
Ratios
Profit margin	61.6%	63.9%
Revenue per employee	£11k	£28.6k
Profit per employee	£6.8k	£18.3k
Balance sheet — indirect signals, not revenue
Cash at bank	£38.4k	£96.2k
Net assets	£42.1k	£97k
Current assets	£51.8k	£125k
Debtors	£13.4k	£28.9k
Deferred income	£3.4k	£4.5k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: 63.9%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £28.6k; Revenue ÷ average employees.
Profit per employee: £18.3k; 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: 5.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 33.7%; 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: —; Now £97k
Cash at bank: —; Now £96.2k
Headcount: —; Now 3
Deferred income: —; Now £4.5k
Fixed assets: —; Now —

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

Brown & Brown, Inc (registered outside the UK register)ultimate parent75–100%
Brown & Brown (Europe) Holdco Limited75–100%
Brown & Brown (UK) Holdco Limited75–100%
Brown & Brown (Europe) Limited75–100%
GRP Holdco 1 Limited75–100%
Brown & Brown Broking Holdco (Europe) Limited75–100%
Brown & Brown Retail Holdco (Europe) Limited75–100%
Hfis Limited75–100%
Tenancy Deposit Solutions Limited75–100%
Tenancy Deposits (Ni) Limitedthis company

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

Sister companies (1)

Tenancy Deposits (Scotland) LimitedFigures not disclosed

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 FullAccounts for the year to 31 Dec 2023 (profit £54.9k), from the Companies House accounts bulk data published Jun 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.