How much does Triathlon Battery Solutions Ltd make?

Triathlon Battery Solutions Ltd reported revenue of £17.4m and a loss of £1.5m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Triathlon Battery Solutions Ltd have?

Triathlon Battery Solutions Ltd reported an average of 84 employees in the year to 31 Dec 2025.

Is Triathlon Battery Solutions Ltd profitable?

No — Triathlon Battery Solutions Ltd reported a loss of £1.5m in the year to 31 Dec 2025.

Company No. 10026276 · Incorporated 25 Feb 2016

Triathlon Battery Solutions Ltd

Registered name: TRIATHLON BATTERY SOLUTIONS LTD

Part of Triathlon International Gmbh group

Triathlon Battery Solutions Ltd made £17.4m revenue and a £1.5m loss in the year to 31 Dec 2025.

Triathlon Battery Solutions Ltd’s revenue fell 1% to £17.4m in the year to 31 Dec 2025, with a loss of £1.5m and 84 employees. The company is classified under “wholesale of other machinery and equipment” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46690Wholesale of other machinery and equipment

Status: Active
Location: Manchester, North West
Age: 10 yrs · since 2016
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: “For the period of account, the company was a subsidiary undertaking of Triathlon International GmbH, a company incorporated in Germany, registered office address Am Brand 11 - 13, 90602 Pyrbaum. Triat”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£17.4m

Growth ▼0.7%

Profit

−£1.5m

Growth —

Profit margin

−8.8%

Gross 31.7%

Employees

Change ▼25%

Profit / employee

−£18.2k

Revenue/employee £207k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
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)	£13.7m	£17.1m	£17.5m	£17.4m
Cost of sales	£9.2m	£12m	£11.9m	£11.9m
Gross profit	£4.5m	£5.1m	£5.6m	£5.5m
Operating profit	£144k	£304k	−£950k	−£1.1m
Profit before tax	£22.5k	£43.5k	−£1.2m	−£1.5m
Profit after tax	£22.5k	£43.5k	−£1.2m	−£1.5m
Profit (best available)	£22.5k	£43.5k	−£1.2m	−£1.5m
Staff costs	£2.8m	£3.5m	£4.7m	£3.8m
Employees (average)	73	89	112	84
Ratios
Profit margin	0.2%	0.3%	−7%	−8.8%
Gross margin	33%	30%	31.9%	31.7%
Revenue per employee	£188k	£192k	£156k	£207k
Profit per employee	£308	£489	−£11k	−£18.2k
Growth (year on year)
Revenue growth	—	▲24.6%	▲2.1%	▼0.7%
Profit growth	—	▲93.9%	▼2931%	—
Headcount growth	—	▲21.9%	▲25.8%	▼25%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£656k	£1.4m	£832k
Net assets	−£1.7m	−£1.6m	−£2.8m	−£4.4m
Fixed assets	£318k	£260k	£391k	£508k
Current assets	£9m	£10.3m	£13.3m	£11.8m
Debtors	£3.1m	£2.9m	£4.6m	£4m
Deferred income	£295k	£414k	£706k	£1.1m
Source	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −8.8%; Profit ÷ revenue.
Gross margin: 31.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £207k; Revenue ÷ average employees.
Profit per employee: −£18.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 23%; 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 −£4.4m
Cash at bank: ▼39%; Now £832k
Headcount: ▼25%; Now 84
Deferred income: ▲59%; Now £1.1m
Fixed assets: ▲30%; Now £508k

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

Triathlon International Gmbh (registered outside the UK register)ultimate parent50–75%
Triathlon Battery Solutions Ltdthis company

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

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£1.5m), 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.