Trinnovo Group Ltd
Registered name: TRINNOVO GROUP LTD
Part of Trinnovo Group Holdings Ltd groupTrinnovo Group Ltd made £1m profit in the year to 31 Dec 2023 (revenue not disclosed).
Trinnovo Group Ltd reported £1m profit in the year to 31 Dec 2023, down 74% on the year before; its revenue was not disclosed. It had 34 employees. The company is classified under “management consultancy activities other than financial management” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 7 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
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Profit only |
| Profit & loss | |||
| Revenue (turnover) | £5.2m | £52.3m | — |
| Cost of sales | £728k | £28.8m | — |
| Gross profit | £4.5m | £23.5m | — |
| Operating profit | −£429k | £1.7m | — |
| Profit before tax | −£446k | £1.3m | — |
| Profit after tax | −£637k | £3.9m | £1m |
| Profit (best available) | −£637k | £3.9m | £1m |
| Staff costs | £1.9m | £3m | £2.3m |
| Employees (average) | 24 | 38 | 34 |
| Ratios | |||
| Profit margin | −12.2% | 7.5% | — |
| Gross margin | 86.1% | 44.9% | — |
| Revenue per employee | £218k | £1.4m | — |
| Profit per employee | −£26.5k | £103k | £30.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲898.5% | — |
| Profit growth | — | — | ▼73.8% |
| Headcount growth | — | ▲58.3% | ▼10.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £81.4k | £37.6k | £15.4k |
| Net assets | — | £1m | £1.9m |
| Fixed assets | £431k | £536k | £460k |
| Current assets | £3.1m | £7.2m | £5.9m |
| Debtors | £171k | £0 | £14.4k |
| Deferred income | £387k | £467k | £652k |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FullAccounts · bulk data Mar 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £30.3k
- 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
- ▲92%
- Now £1.9m
- Cash at bank
- ▼59%
- Now £15.4k
- Headcount
- ▼11%
- Now 34
- Deferred income
- ▲40%
- Now £652k
- Fixed assets
- ▼14%
- Now £460k
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
- Trinnovo Group Holdings Ltdultimate parent75–100%
- Trinnovo Group Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (5)
- Trust in Soda LtdRev. £12.9m · Profit −£1.6m
- Trinnovo Group Staffing LimitedRev. £9.8m · Profit £3m
- Broadgate Search Holdings LimitedFigures not disclosed
- Deeprec.ai LimitedFigures not disclosed
- Exmilitarycareers LtdActive - Proposal to Strike offFigures 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 2023 (profit £1m), from the Companies House accounts bulk data published Mar 2025. Spotted an error? Request a correction.
Updated from Companies House on 17 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.