TCF Group Ltd
Registered name: TCF GROUP LTD
TCF Group Ltd made £14m revenue and £1m profit in the year to 30 Nov 2025. read from filing text
TCF Group Ltd’s revenue grew 12% to £14m in the year to 30 Nov 2025, with £1m profit and 100 employees. The company is classified under “activities of other holding companies” and is based in Lincoln; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Lincoln, East Midlands
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £12.5m | £14m |
| Cost of sales | — | — | £5.8m | £6.5m |
| Gross profit | — | — | £6.7m | £7.5m |
| Operating profit | — | — | £1.7m | £1.5m |
| Profit before tax | — | — | £1.5m | £1.3m |
| Profit after tax | — | — | £1m | £1m |
| Profit (best available) | — | — | £1m | £1m |
| Employees (average) | 0 | 0 | 7 | 100 |
| Ratios | ||||
| Profit margin | — | — | 8.4% | 7.3% |
| Gross margin | — | — | 53.8% | 53.7% |
| Revenue per employee | — | — | £1.8m | £140k |
| Profit per employee | — | — | £150k | £10.2k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲12% |
| Profit growth | — | — | — | ▼2.5% |
| Headcount growth | — | — | — | ▲1329% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £6.6k | £5.7k | £77.7k | £38k |
| Net assets | £575k | £940k | £913k | £2.1m |
| Fixed assets | £1.3m | £3.5m | £2.5m | £3.6m |
| Current assets | £102k | £173k | £382k | £867k |
| Debtors | £95.9k | £0 | £97.1k | £363k |
| Deferred income | — | — | £56.1k | £176k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 7.3%
- Profit ÷ revenue.
- Gross margin
- 53.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £140k
- Revenue ÷ average employees.
- Profit per employee
- £10.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 25.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.6%
- 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
- ▲130%
- Now £2.1m
- Cash at bank
- ▼51%
- Now £38k
- Headcount
- ▲1329%
- Now 100
- Deferred income
- ▲214%
- Now £176k
- Fixed assets
- ▲44%
- Now £3.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (7)
- 888 Vapour Holdings LtdActive - Proposal to Strike offFigures not disclosed
- 888 Vapour LtdFigures not disclosed
- Juice Sauz Distribution LimitedFigures not disclosed
- Juice Sauz LtdRev. — · Profit £314k
- Lincpak LimitedFigures not disclosed
- One Eliquids LtdActive - Proposal to Strike offFigures not disclosed
- TCF Property Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £1m), from the Companies House accounts bulk data published Sep 2026. 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.