TNG Topco Limited
Registered name: TNG TOPCO LIMITED
TNG Topco Limited made £677m revenue and £1.6m profit in the year to 31 Dec 2024. read from filing text
TNG Topco Limited’s revenue grew 8% to £677m in the year to 31 Dec 2024, with £1.6m profit and 1 employee. The company is classified under “non-trading company” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- 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 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £595m | £626m | £677m |
| Cost of sales | £586m | £614m | £663m |
| Gross profit | £9m | £11.8m | £13.9m |
| Operating profit | £2.4m | £3.3m | £2.7m |
| Profit before tax | £2.4m | £3.2m | £2.6m |
| Profit after tax | £1.7m | £2.5m | £1.6m |
| Profit (best available) | £1.7m | £2.5m | £1.6m |
| Staff costs | £0 | £0 | £0 |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | 0.3% | 0.4% | 0.2% |
| Gross margin | 1.5% | 1.9% | 2.1% |
| Revenue per employee | £595m | £626m | £677m |
| Profit per employee | £1.7m | £2.5m | £1.6m |
| Cash conversion | −59.8% | — | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲5.2% | ▲8.1% |
| Profit growth | — | ▲41.2% | ▼35.7% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £50 | £50 | £50 |
| Net assets | — | £10m | £9.7m |
| Fixed assets | £74.2k | £80.6k | £55.7k |
| Debtors | £0 | £0 | £0 |
| Deferred income | £0 | £0 | £0 |
| Cash from operations | −£1.4m | — | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0.2%
- Profit ÷ revenue.
- Gross margin
- 2.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £677m
- Revenue ÷ average employees.
- Profit per employee
- £1.6m
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼3%
- Now £9.7m
- Cash at bank
- 0%
- Now £50
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now £0
- Fixed assets
- ▼31%
- Now £55.7k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (2)
- Neuven Solutions Holdings LimitedRev. — · Profit £1.9m
- TNG Propco LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.6m), 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.