How much does Tembo Money Limited make?

Tembo Money Limited reported revenue of £9.1m and a loss of £3.3m in the year to 30 Nov 2024, according to its accounts filed at Companies House.

How many employees does Tembo Money Limited have?

Tembo Money Limited reported an average of 57 employees in the year to 30 Nov 2024.

Is Tembo Money Limited profitable?

No — Tembo Money Limited reported a loss of £3.3m in the year to 30 Nov 2024.

Company No. 12631312 · Incorporated 29 May 2020

Tembo Money Limited

Registered name: TEMBO MONEY LIMITED

Tembo Money Limited made £9.1m revenue and a £3.3m loss in the year to 30 Nov 2024.

Tembo Money Limited’s revenue was £9.1m in the year to 30 Nov 2024, with a loss of £3.3m and 57 employees. The company is classified under “other information technology service activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: London, London
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 30 Nov 2024

Key figures

IndependentCash flow filed

Revenue

£9.1m

Growth —

Profit

−£3.3m

Growth —

Profit margin

−35.6%

Gross 55.4%

Employees

Change —

Profit / employee

−£57.1k

Revenue/employee £160k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023	30 Nov 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£711k	£9.1m
Cost of sales	—	£76.8k	£4.1m
Gross profit	—	£634k	£5.1m
Operating profit	—	−£2.4m	−£4.3m
Profit before tax	—	−£2.4m	−£4.4m
Profit after tax	—	−£2.5m	−£3.3m
Profit (best available)	—	−£2.5m	−£3.3m
Staff costs	—	£1.5m	£5.7m
Employees (average)	17	25	57
Ratios
Profit margin	—	−352.8%	−35.6%
Gross margin	—	89.2%	55.4%
Revenue per employee	—	£28.4k	£160k
Profit per employee	—	−£100k	−£57.1k
Growth (year on year)
Headcount growth	—	▲47.1%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£530k	£2.6m	£8.4m
Net assets	£1.1m	£3.5m	£15.7m
Fixed assets	£68.1k	£89.5k	£3m
Current assets	£1.1m	£3.6m	£13.5m
Debtors	£617k	£33k	£5m
Cash from operations	—	−£2.4m	−£4.1m
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −35.6%; Profit ÷ revenue.
Gross margin: 55.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £160k; Revenue ÷ average employees.
Profit per employee: −£57.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 32.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 55%; 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 £15.7m
Cash at bank: —; Now £8.4m
Headcount: —; Now 57
Deferred income: —; Now —
Fixed assets: —; Now £3m

Corporate ownership

Group structure

Subsidiaries (1)

Tembo Savings LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2024 (profit −£3.3m), from the Companies House accounts bulk data published Dec 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.