Talktalk Business Direct Limited
Registered name: TALKTALK BUSINESS DIRECT LIMITED
Part of TFP Telecoms Limited groupTalktalk Business Direct Limited made £67.7m revenue and a £12.9m loss in the year to 31 Dec 2024. read from filing text
Talktalk Business Direct Limited’s revenue was £67.7m in the year to 31 Dec 2024, with a loss of £12.9m and 202 employees. The company is classified under “other telecommunications activities” and is based in Salford; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Salford, North West
- 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. From the filing: “The company is a direct subsidiary of TFP Telecoms Limited. The ultimate parent undertaking and controlling party is TFP Telecoms Limited, incorporated in England and Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 29 Feb 2024 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £84.6m | £67.7m |
| Cost of sales | £53.9m | £41.4m |
| Gross profit | £30.7m | £26.3m |
| Operating profit | −£31.4m | −£1.8m |
| Profit before tax | −£44.1m | −£12.9m |
| Profit after tax | −£44.1m | −£12.9m |
| Profit (best available) | −£44.1m | −£12.9m |
| Staff costs | £10.4m | £10.2m |
| Employees (average) | 189 | 202 |
| Ratios | ||
| Profit margin | −52.1% | −19% |
| Gross margin | 36.3% | 38.9% |
| Revenue per employee | £448k | £335k |
| Profit per employee | −£233k | −£63.8k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £9.5m | £9.4m |
| Net assets | −£62.6m | −£11.1m |
| Source | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- −19%
- Profit ÷ revenue.
- Gross margin
- 38.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £335k
- Revenue ÷ average employees.
- Profit per employee
- −£63.8k
- 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.
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 −£11.1m
- Cash at bank
- —
- Now £9.4m
- Headcount
- —
- Now 202
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- TFP Telecoms Limitedultimate parent75–100%
- Talktalk Business Direct Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- TTB Pluto LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£12.9m), from the Companies House accounts bulk data published Aug 2025. 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.