Tide Platform Ltd
Registered name: TIDE PLATFORM LTD
Part of Tide Holdings Limited groupTide Platform Ltd made £199m revenue and a £13.2m loss in the year to 31 Dec 2025.
Tide Platform Ltd’s revenue grew 12% to £199m in the year to 31 Dec 2025, with a loss of £13.2m and 934 employees. The company is classified under “other software publishing” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 11 yrs · since 2015
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £57.5m | £114m | £177m | £199m |
| Cost of sales | £11.8m | £16.7m | £22.7m | £28.1m |
| Gross profit | £45.6m | £96.8m | £155m | £171m |
| Operating profit | −£34.4m | −£33.2m | −£11.3m | −£11.2m |
| Profit before tax | −£36.3m | −£34.8m | −£13.2m | −£11.3m |
| Profit after tax | −£35.7m | −£34.2m | −£14.2m | −£13.2m |
| Profit (best available) | −£35.7m | −£34.2m | −£14.2m | −£13.2m |
| Employees (average) | 582 | 735 | 956 | 934 |
| Ratios | ||||
| Profit margin | −62.1% | −30.1% | −8% | −6.6% |
| Gross margin | 79.4% | 85.3% | 87.2% | 85.9% |
| Revenue per employee | £98.7k | £155k | £185k | £213k |
| Profit per employee | −£61.3k | −£46.5k | −£14.9k | −£14.1k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲97.6% | ▲56% | ▲12.3% |
| Headcount growth | — | ▲26.3% | ▲30.1% | ▼2.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £32.7m | £31.1m | £38.9m | £31.3m |
| Net assets | £6.8m | £7m | £7.7m | £14.6m |
| Fixed assets | £547k | £1.1m | £561k | £1.1m |
| Debtors | £2m | £764k | £509k | £675k |
| Deferred income | £3.6m | £4.7m | £11m | £9.3m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −6.6%
- Profit ÷ revenue.
- Gross margin
- 85.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £213k
- Revenue ÷ average employees.
- Profit per employee
- −£14.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- Money owed by customers. Low = customers pay quickly.
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
- ▲91%
- Now £14.6m
- Cash at bank
- ▼20%
- Now £31.3m
- Headcount
- ▼2%
- Now 934
- Deferred income
- ▼15%
- Now £9.3m
- Fixed assets
- ▲94%
- Now £1.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Tide Holdings Limitedultimate parent75–100%
- Tide Platform Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Funding Options LimitedRev. £19.5m · Profit £13.3m
- Tide Capital III LimitedRev. £3.5m · Profit −£151k
- Tide Capital II LimitedRev. £825k · Profit £196k
- Tide Capital LimitedRev. £176k · Profit £6.2k
- Tide Insurance Services LimitedRev. — · Profit −£23.7k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£13.2m), 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.