TEi Group LimitedDissolved
TEi Group Limited made £29.3m revenue and £301k profit in the year to 30 Sep 2023. read from filing text
TEi Group Limited’s revenue grew 26% to £29.3m in the year to 30 Sep 2023, with £301k profit and 216 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £23.2m | £29.3m |
| Cost of sales | £18m | £23.4m |
| Gross profit | £5.2m | £5.9m |
| Operating profit | £370k | £333k |
| Profit before tax | £280k | £121k |
| Profit after tax | £840k | £301k |
| Profit (best available) | £840k | £301k |
| Employees (average) | 198 | 216 |
| Ratios | ||
| Profit margin | 3.6% | 1% |
| Gross margin | 22.5% | 20.1% |
| Revenue per employee | £117k | £136k |
| Profit per employee | £4.2k | £1.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▲26.4% |
| Profit growth | — | ▼64.1% |
| Headcount growth | — | ▲9.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £100 | £100 |
| Net assets | £100 | £2m |
| Fixed assets | £2m | £2m |
| Deferred income | £0 | £0 |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- 1%
- Profit ÷ revenue.
- Gross margin
- 20.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £136k
- Revenue ÷ average employees.
- Profit per employee
- £1.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲2039017%
- Now £2m
- Cash at bank
- 0%
- Now £100
- Headcount
- ▲9%
- Now 216
- Deferred income
- —
- Now £0
- Fixed assets
- 0%
- Now £2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Tei LimitedIn AdministrationRev. £29.3m · Profit £418k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Sep 2023 (profit £301k), from the Companies House accounts bulk data published May 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.