Teq IT Ltd
Registered name: TEQ IT LTD
Teq IT Ltd made £258k revenue and £24.5k profit in the year to 28 Feb 2025.
Teq IT Ltd’s revenue fell 14% to £258k in the year to 28 Feb 2025, with £24.5k profit and 0 employees. The company is classified under “information technology consultancy activities” and is based in Surbiton; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Surbiton, London
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 28 Feb 2024 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | — | — | £299k | £258k |
| Profit after tax | — | — | — | £25k | £24.5k |
| Profit (best available) | — | — | — | £25k | £24.5k |
| Staff costs | — | — | — | £8.4k | £8.4k |
| Employees (average) | — | 0 | 0 | — | 0 |
| Ratios | |||||
| Profit margin | — | — | — | 8.4% | 9.5% |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | — | ▼13.6% |
| Profit growth | — | — | — | — | ▼2.3% |
| Balance sheet — indirect signals, not revenue | |||||
| Net assets | £1.4k | £45.6k | £6.8k | £52.4k | £51.4k |
| Fixed assets | £1.1k | £977 | £782 | £782 | £665 |
| Current assets | £8.8k | £74.5k | £13.3k | £87.8k | £77.2k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Jun 2026 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 9.5%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- 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.
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
- ▼2%
- Now £51.4k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼15%
- Now £665
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £24.5k), from the Companies House accounts bulk data published Jun 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.