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Company No. 14320989 · Incorporated 26 Aug 2022

Tove Trading Limited

Registered name: TOVE TRADING LIMITED

Part of Tove Learning Trust group

Tove Trading Limited made £939k revenue and a £212k loss in the year to 31 Aug 2024.

Tove Trading Limited’s revenue was £939k in the year to 31 Aug 2024, with a loss of £212k and 79 employees. The company is classified under “operation of arts facilities” and is based in Milton Keynes; we hold 2 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 90040Operation of arts facilitiesSIC 93110Operation of sports facilities
Status
Active
Location
Milton Keynes, South East
Age
4 yrs · since 2022
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.

Latest accounts · year to 31 Aug 2024

Key figures

Revenue
£939k
Growth —
Profit
−£212k
Growth —
Profit margin
−22.5%
Gross 93%
Employees
79
Change —
Profit / employee
−£2.7k
Revenue/employee £11.9k
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Aug 202331 Aug 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£343k£939k
Cost of sales−£9.9k−£65.5k
Gross profit£334k£874k
Operating profit−£18.9k−£212k
Profit before tax−£18.9k−£212k
Profit after tax−£18.9k−£212k
Profit (best available)−£18.9k−£212k
Employees (average)079
Ratios
Profit margin−5.5%−22.5%
Gross margin97.1%93%
Revenue per employee—£11.9k
Profit per employee—−£2.7k
Balance sheet — indirect signals, not revenue
Net assets——
SourceAccounts · bulk data Jun 2025Accounts · bulk data Jun 2025
Derived from the latest filing

How the business works

Profit margin
−22.5%
Profit ÷ revenue.
Gross margin
93%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£11.9k
Revenue ÷ average employees.
Profit per employee
−£2.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
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.
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 —
Cash at bank
—
Now —
Headcount
—
Now 79
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Tove Learning Trustultimate parent75–100%
  2. Tove Trading Limitedthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 Aug 2024 (profit −£212k), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.

Updated from Companies House on 14 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.