How much does T.v.e. 2 Limited make?

T.v.e. 2 Limited reported revenue of £218k and £68.1k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does T.v.e. 2 Limited have?

T.v.e. 2 Limited reported an average of 0 employees in the year to 31 May 2025.

Is T.v.e. 2 Limited profitable?

Yes — T.v.e. 2 Limited reported a profit of £68.1k in the year to 31 May 2025.

Company No. SC597760 · Incorporated 21 May 2018

T.v.e. 2 Limited

Registered name: T.V.E. 2 LIMITED

T.v.e. 2 Limited made £218k revenue and £68.1k profit in the year to 31 May 2025.

T.v.e. 2 Limited’s revenue fell 32% to £218k in the year to 31 May 2025, with £68.1k profit and 0 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Kilmacolm; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation SIC 68209Other letting and operating of own or leased real estate

Status: Active
Location: Kilmacolm, Scotland
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 31 May 2025

Key figures

IndependentSmall teamBoring industry

Revenue

£218k

Growth ▼32%

Profit

£68.1k

Growth ▼68.4%

Profit margin

31.3%

Gross 82.8%

Employees

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
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)	—	—	£320k	£218k
Cost of sales	—	—	£3.1k	£37.3k
Gross profit	—	—	£317k	£180k
Operating profit	—	—	£299k	£88.5k
Profit before tax	—	—	£299k	£87.8k
Profit after tax	—	—	£216k	£68.1k
Profit (best available)	—	—	£216k	£68.1k
Employees (average)	—	0	0	0
Ratios
Profit margin	—	—	67.4%	31.3%
Gross margin	—	—	99%	82.8%
Growth (year on year)
Revenue growth	—	—	—	▼32%
Profit growth	—	—	—	▼68.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£40k	£181k	£417k	£327k
Net assets	£347k	£592k	£807k	£875k
Fixed assets	£23.8k	£225k	£217k	£651k
Current assets	£374k	£558k	£759k	£588k
Debtors	£83.6k	£377k	£342k	£261k
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 31.3%; Profit ÷ revenue.
Gross margin: 82.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 299.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 119.8%; 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: ▲8%; Now £875k
Cash at bank: ▼22%; Now £327k
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: ▲200%; Now £651k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £68.1k), 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.