Skip to content
CompanySight
Company No. 12091868 · Incorporated 8 Jul 2019

Eurorad Limited

Registered name: EURORAD LIMITED

Part of Tile Mountain Limited group

Eurorad Limited made £90m revenue and £9.4m profit in the year to 31 Dec 2025. read from filing text

Eurorad Limited’s revenue grew 40% to £90m in the year to 31 Dec 2025, with £9.4m profit and 85 employees. The company is classified under “retail sale via mail order houses or via internet” and is based in Stoke-on-Trent; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47910Retail sale via mail order houses or via Internet
Status
Active
Location
Stoke-on-Trent, West Midlands
Age
7 yrs · since 2019
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 ultimate parent company is Tile Mountain Limited, a company registered in England and Wales. The address of the ultimate parent company is Connaught Street, Tunstall, Stoke on Trent, England, ST6 ”

Latest accounts · year to 31 Dec 2025

Key figures

Operating leverage
Revenue
£90m
Growth ▲39.7%
Profit
£9.4m
Growth ▲76%
Profit margin
10.4%
Gross 59.8%
Employees
85
Change ▲1.2%
Profit / employee
£110k
Revenue/employee £1.1m
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&Lread from filing text
Profit & loss
Revenue (turnover)£30.7m£47.2m£64.4m£90m
Cost of sales£14.9m£19.7m£27.7m£36.2m
Gross profit£15.8m£27.5m£36.7m£53.8m
Operating profit£3m£6.8m£7.4m£12.3m
Profit before tax£3m£6.9m£7.5m£12.3m
Profit after tax£2.5m£5.7m£5.3m£9.4m
Profit (best available)£2.5m£5.7m£5.3m£9.4m
Staff costs£1.7m£2.2m£2.3m£2.6m
Employees (average)71838485
Ratios
Profit margin8.1%12%8.3%10.4%
Gross margin51.4%58.3%57%59.8%
Revenue per employee£432k£568k£767k£1.1m
Profit per employee£35k£68.3k£63.3k£110k
Growth (year on year)
Revenue growth—▲53.7%▲36.6%▲39.7%
Profit growth—▲128.3%▼6.2%▲76%
Headcount growth—▲16.9%▲1.2%▲1.2%
Balance sheet — indirect signals, not revenue
Cash at bank£1.6m£1.8m£562k£678k
Net assets£5.2m£10.8m£13.7m£23m
Fixed assets£3.1m£8m£10.9m£13.2m
Current assets£8.8m£15.3m£22.2m£29.8m
Debtors£0£5.4k£1.3k£47.1k
Deferred income——£7.7m£6.1m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
10.4%
Profit ÷ revenue.
Gross margin
59.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.1m
Revenue ÷ average employees.
Profit per employee
£110k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
14.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
6.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.1%
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
▲68%
Now £23m
Cash at bank
▲21%
Now £678k
Headcount
▲1%
Now 85
Deferred income
▼20%
Now £6.1m
Fixed assets
▲22%
Now £13.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Tile Mountain Limitedultimate parent75–100%
  2. Eurorad Limitedthis company

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

Subsidiaries (1)

Sister companies (4)

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 2025 (profit £9.4m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 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.