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Company No. 11347230 · Incorporated 4 May 2018

Talktalk Business Direct Limited

Registered name: TALKTALK BUSINESS DIRECT LIMITED

Part of TFP Telecoms Limited group

Talktalk 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.

Full P&L filedSection J · Information and communicationSIC 61900Other telecommunications activities
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.”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue
£67.7m
Growth —
Profit
−£12.9m
Growth —
Profit margin
−19%
Gross 38.9%
Employees
202
Change —
Profit / employee
−£63.8k
Revenue/employee £335k
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to29 Feb 202431 Dec 2024
DisclosureFull P&Lread from filing textFull 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)189202
Ratios
Profit margin−52.1%−19%
Gross margin36.3%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
SourceFullAccounts · bulk data Aug 2025FullAccounts · bulk data Aug 2025
Derived from the latest filing

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.
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 −£11.1m
Cash at bank
—
Now £9.4m
Headcount
—
Now 202
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. TFP Telecoms Limitedultimate parent75–100%
  2. Talktalk Business Direct Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.