Toyota Connected Europe Limited
Registered name: TOYOTA CONNECTED EUROPE LIMITED
Part of Toyota Motor Corporation groupToyota Connected Europe Limited made £39.5m revenue and £13.7m profit in the year to 31 Mar 2026.
Toyota Connected Europe Limited’s revenue grew 9% to £39.5m in the year to 31 Mar 2026, with £13.7m profit and 86 employees. The company is classified under “other information technology service activities” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £14m | £14.8m | £41.2m | £36.3m | £39.5m |
| Cost of sales | £18.4m | £18.5m | £34.1m | £25m | £24.2m |
| Gross profit | −£4.4m | −£3.7m | £7.1m | £11.3m | £15.2m |
| Operating profit | −£10.8m | −£9.5m | −£1.5m | £1.6m | £11.8m |
| Profit before tax | −£10.9m | −£9.5m | −£555k | £48.6m | £12.5m |
| Profit after tax | −£11.2m | −£9.3m | −£1.2m | £43m | £13.7m |
| Profit (best available) | −£11.2m | −£9.3m | −£1.2m | £43m | £13.7m |
| Staff costs | £8.5m | £8.3m | £10.2m | £12.7m | £12.3m |
| Employees (average) | 58 | 67 | 77 | 81 | 86 |
| Ratios | |||||
| Profit margin | −79.7% | −63% | −2.9% | 118.4% | 34.8% |
| Gross margin | −31.4% | −25.3% | 17.3% | 31.2% | 38.6% |
| Revenue per employee | £242k | £221k | £535k | £448k | £459k |
| Profit per employee | −£193k | −£139k | −£15.3k | £530k | £159k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲5.5% | ▲178.6% | ▼11.9% | ▲8.7% |
| Profit growth | — | — | — | — | ▼68.1% |
| Headcount growth | — | ▲15.5% | ▲14.9% | ▲5.2% | ▲6.2% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £21.6m | £32m | £40.6m | £69.6m | £96m |
| Net assets | −£26.5m | −£35.8m | −£37m | £6m | £19.7m |
| Fixed assets | £534k | £2.9m | £2.3m | £1.9m | £1.4m |
| Current assets | £70.1m | £81.5m | £84.6m | £99.7m | £119m |
| Debtors | £48.5m | £49.6m | £43.7m | £30.1m | £23.2m |
| Deferred income | £35.4m | £53m | £70.8m | £85.5m | £96.7m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Sep 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 34.8%
- Profit ÷ revenue.
- Gross margin
- 38.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £459k
- Revenue ÷ average employees.
- Profit per employee
- £159k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 245%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 58.8%
- 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
- ▲230%
- Now £19.7m
- Cash at bank
- ▲38%
- Now £96m
- Headcount
- ▲6%
- Now 86
- Deferred income
- ▲13%
- Now £96.7m
- Fixed assets
- ▼25%
- Now £1.4m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Toyota Motor Corporation (registered outside the UK register)ultimate parent75–100%
- Toyota Connected Europe Limitedthis 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
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £13.7m), 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.