Triyit Ltd.
Registered name: TRIYIT LTD.
Triyit Ltd. made £1.7m revenue and a £124k loss in the year to 31 May 2025.
Triyit Ltd.’s revenue grew 28% to £1.7m in the year to 31 May 2025, with a loss of £124k and 14 employees. The company is classified under “other business support service activities” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £1.3m | £1.7m |
| Cost of sales | — | — | £814k | £1.1m |
| Gross profit | — | — | £503k | £620k |
| Operating profit | — | — | £217k | −£147k |
| Profit before tax | — | — | £200k | −£141k |
| Profit after tax | — | — | £199k | −£124k |
| Profit (best available) | — | — | £199k | −£124k |
| Employees (average) | 10 | 11 | 11 | 14 |
| Ratios | ||||
| Profit margin | — | — | 15.1% | −7.4% |
| Gross margin | — | — | 38.2% | 36.9% |
| Revenue per employee | — | — | £120k | £120k |
| Profit per employee | — | — | £18.1k | −£8.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲27.5% |
| Profit growth | — | — | — | ▼162.5% |
| Headcount growth | — | ▲10% | 0% | ▲27.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £483k | £343k | £557k | £762k |
| Net assets | £365k | £316k | £515k | £1.3m |
| Fixed assets | £38.3k | £139k | £236k | £356k |
| Current assets | £765k | £672k | £826k | £1.3m |
| Debtors | £225k | £240k | £185k | £429k |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −7.4%
- Profit ÷ revenue.
- Gross margin
- 36.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £120k
- Revenue ÷ average employees.
- Profit per employee
- −£8.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 21.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 25.6%
- 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
- ▲161%
- Now £1.3m
- Cash at bank
- ▲37%
- Now £762k
- Headcount
- ▲27%
- Now 14
- Deferred income
- —
- Now —
- Fixed assets
- ▲51%
- Now £356k
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit −£124k), from the Companies House accounts bulk data published Feb 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.