How much does TR Technologies Ltd make?

TR Technologies Ltd reported revenue of £1.1m and a loss of £4.9m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does TR Technologies Ltd have?

TR Technologies Ltd reported an average of 22 employees in the year to 31 Dec 2024.

Is TR Technologies Ltd profitable?

No — TR Technologies Ltd reported a loss of £4.9m in the year to 31 Dec 2024.

Company No. 10334298 · Incorporated 17 Aug 2016

TR Technologies Ltd

Registered name: TR TECHNOLOGIES LTD

Part of Talkremit Group Holdings Ltd group

TR Technologies Ltd made £1.1m revenue and a £4.9m loss in the year to 31 Dec 2024.

TR Technologies Ltd’s revenue grew 148% to £1.1m in the year to 31 Dec 2024, with a loss of £4.9m and 22 employees. The company is classified under “business and domestic software development” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: London, London
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: “Talkremit Group Holdings Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£1.1m

Growth ▲147.7%

Profit

−£4.9m

Growth —

Profit margin

−441.5%

Gross 100%

Employees

Change 0%

Profit / employee

−£224k

Revenue/employee £50.7k

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 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£0	£667k	£450k	£1.1m
Gross profit	—	£667k	£450k	£1.1m
Operating profit	−£3.4m	−£4m	−£5m	−£5m
Profit before tax	−£3.4m	−£4m	−£5m	−£5m
Profit after tax	−£2.7m	−£3.9m	−£4.9m	−£4.9m
Profit (best available)	−£2.7m	−£3.9m	−£4.9m	−£4.9m
Employees (average)	18	18	22	22
Ratios
Profit margin	—	−581.9%	−1097%	−441.5%
Gross margin	—	100%	100%	100%
Revenue per employee	£0	£37.1k	£20.5k	£50.7k
Profit per employee	−£151k	−£216k	−£224k	−£224k
Growth (year on year)
Revenue growth	—	—	▼32.6%	▲147.7%
Headcount growth	—	0%	▲22.2%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£124k	£84.4k	£183k	£62.5k
Net assets	−£7.6m	−£11.5m	−£16.5m	−£21.4m
Fixed assets	£2.7m	£3.5m	£4.3m	£4.9m
Current assets	£1.3m	£1.6m	£5.4m	£5.1m
Debtors	£0	£139k	£5.2m	£5.1m
Deferred income	£18.2k	£40.4k	£150k	—
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: −441.5%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £50.7k; Revenue ÷ average employees.
Profit per employee: −£224k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 439.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 453.1%; 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 −£21.4m
Cash at bank: ▼66%; Now £62.5k
Headcount: 0%; Now 22
Deferred income: —; Now —
Fixed assets: ▲13%; Now £4.9m

Corporate ownership

Group structure

Ownership chain

Talkremit Group Holdings Ltdultimate parent75–100%
TR Technologies Ltdthis company

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

Sister companies (1)

Talkremit LtdRev. £1.8m · Profit £386k

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 2024 (profit −£4.9m), from the Companies House accounts bulk data published May 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.