TGN Project Services Ltd
Registered name: TGN PROJECT SERVICES LTD
TGN Project Services Ltd made £127k revenue and £8k profit in the year to 31 Mar 2025.
TGN Project Services Ltd’s revenue grew 36% to £127k in the year to 31 Mar 2025, with £8k profit and 1 employee. The company is classified under “information technology consultancy activities” and is based in Telford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Telford, West Midlands
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
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 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £88.7k | £93.1k | £127k |
| Cost of sales | — | £31.7k | £24.3k | — |
| Gross profit | — | £56.9k | £68.8k | — |
| Operating profit | — | £32.2k | £25.2k | — |
| Profit before tax | — | £32.2k | £25k | — |
| Profit after tax | — | £30k | £20.5k | £8k |
| Profit (best available) | — | £30k | £20.5k | £8k |
| Staff costs | — | — | £16.3k | £15.3k |
| Employees (average) | — | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | — | 33.8% | 22% | 6.3% |
| Gross margin | — | 64.2% | 73.9% | — |
| Revenue per employee | — | £88.7k | £93.1k | £127k |
| Profit per employee | — | £30k | £20.5k | £8k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲5% | ▲36.3% |
| Profit growth | — | — | ▼31.7% | ▼61.1% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | £10.9k | £3.3k | — |
| Net assets | £7.2k | £14.7k | £16.7k | £6.1k |
| Fixed assets | £10.5k | £15.2k | £17.8k | £30.4k |
| Current assets | £23.5k | £24.3k | £7.1k | £23.5k |
| Debtors | — | £13.4k | £3.8k | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 6.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £127k
- Revenue ÷ average employees.
- Profit per employee
- £8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 24%
- 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
- ▼63%
- Now £6.1k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲71%
- Now £30.4k
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £8k), from the Companies House accounts bulk data published Oct 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.