How much does Techblock Ltd make?

Techblock Ltd reported revenue of £67k and a loss of £5.5m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Techblock Ltd have?

Techblock Ltd reported an average of 15 employees in the year to 31 Dec 2024.

Is Techblock Ltd profitable?

No — Techblock Ltd reported a loss of £5.5m in the year to 31 Dec 2024.

Company No. 14400234 · Incorporated 5 Oct 2022

Techblock Ltd

Registered name: TECHBLOCK LTD

Part of Deblock Ltd group

Techblock Ltd made £67k revenue and a £5.5m loss in the year to 31 Dec 2024.

Techblock Ltd’s revenue was £67k in the year to 31 Dec 2024, with a loss of £5.5m and 15 employees. The company is classified under “other information technology service activities” and is based in London; we hold 2 years of its filed accounts.

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

Status: Active
Location: London, London
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 Dec 2024

Key figures

Revenue

£67k

Growth —

Profit

−£5.5m

Growth —

Profit margin

−8213%

Gross 9.2%

Employees

Change ▲7.1%

Profit / employee

−£367k

Revenue/employee £4.5k

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 to	31 Dec 2023	31 Dec 2024
Disclosure	Profit only	Full P&L
Profit & loss
Revenue (turnover)	—	£67k
Cost of sales	—	£60.8k
Gross profit	—	£6.2k
Operating profit	−£3.3m	−£5.5m
Profit before tax	−£3.3m	−£5.5m
Profit after tax	−£3.3m	−£5.5m
Profit (best available)	−£3.3m	−£5.5m
Employees (average)	14	15
Ratios
Profit margin	—	−8213%
Gross margin	—	9.2%
Revenue per employee	—	£4.5k
Profit per employee	−£237k	−£367k
Growth (year on year)
Headcount growth	—	▲7.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£276k	£603k
Net assets	−£3.3m	−£8.8m
Fixed assets	£45.2k	£39.9k
Debtors	£267k	£986k
Source	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −8213%; Profit ÷ revenue.
Gross margin: 9.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £4.5k; Revenue ÷ average employees.
Profit per employee: −£367k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 59.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1472%; 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 −£8.8m
Cash at bank: ▲118%; Now £603k
Headcount: ▲7%; Now 15
Deferred income: —; Now —
Fixed assets: ▼12%; Now £39.9k

Corporate ownership

Group structure

Ownership chain

Deblock Ltdultimate parent75–100%
Techblock Ltdthis company

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

Sister companies (1)

Dblck LtdFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£5.5m), 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.