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Company No. 11172369 · Incorporated 26 Jan 2018

Tiq UK Midco Limited

Registered name: TIQ UK MIDCO LIMITED

Tiq UK Midco Limited made £19.4m revenue and a £17.4m loss in the year to 31 Dec 2025.

Tiq UK Midco Limited’s revenue fell 5% to £19.4m in the year to 31 Dec 2025, with a loss of £17.4m and 138 employees. The company is classified under “activities of other holding companies” and is based in Buckinghamshire; we hold 3 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 64209Activities of other holding companies n.e.c.
Status
Active
Location
Buckinghamshire, South East
Age
8 yrs · since 2018
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2025

Key figures

Independent
Revenue
£19.4m
Growth ▼5%
Profit
−£17.4m
Growth —
Profit margin
−89.5%
Gross 68.9%
Employees
138
Change ▼18.8%
Profit / employee
−£126k
Revenue/employee £141k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£21.7m£20.4m£19.4m
Cost of sales−£6.9m−£6.3m−£6m
Gross profit£14.8m£14.1m£13.4m
Operating profit−£4.9m−£3m−£3.4m
Profit before tax−£4.5m−£13.4m−£17m
Profit after tax−£4.8m−£13.7m−£17.4m
Profit (best available)−£4.8m−£13.7m−£17.4m
Employees (average)171170138
Ratios
Profit margin−22.2%−67.2%−89.5%
Gross margin68.3%69%68.9%
Revenue per employee£127k£120k£141k
Profit per employee−£28.1k−£80.8k−£126k
Growth (year on year)
Revenue growth—▼5.7%▼5%
Headcount growth—▼0.6%▼18.8%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Sep 2025Accounts · bulk data Sep 2025Accounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
−89.5%
Profit ÷ revenue.
Gross margin
68.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£141k
Revenue ÷ average employees.
Profit per employee
−£126k
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
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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 —
Cash at bank
—
Now —
Headcount
▼19%
Now 138
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Subsidiaries (1)

Minority corporate shareholders

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

Sources

Latest figures from accounts for the year to 31 Dec 2025 (profit −£17.4m), from the Companies House accounts bulk data published Aug 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.