How much does TTG Technology (Europe) Limited make?

TTG Technology (Europe) Limited reported revenue of £4.2m and £737k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does TTG Technology (Europe) Limited have?

TTG Technology (Europe) Limited reported an average of 5 employees in the year to 31 Dec 2024.

Is TTG Technology (Europe) Limited profitable?

Yes — TTG Technology (Europe) Limited reported a profit of £737k in the year to 31 Dec 2024.

Company No. 07206481 · Incorporated 29 Mar 2010

TTG Technology (Europe) Limited

Registered name: TTG TECHNOLOGY (EUROPE) LIMITED

Part of Modaxo Europe A/S group

TTG Technology (Europe) Limited made £4.2m revenue and £737k profit in the year to 31 Dec 2024. read from filing text

TTG Technology (Europe) Limited’s revenue grew 13% to £4.2m in the year to 31 Dec 2024, with £737k profit and 5 employees. The company is classified under “other business support service activities” and is based in Chippenham; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Chippenham, South West
Age: 16 yrs · since 2010
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

Small teamOperating leverageDoing more with less

Revenue

£4.2m

Growth ▲13.4%

Profit

£737k

Growth ▲157.1%

Profit margin

17.7%

Gross 35.9%

Employees

Change ▼16.7%

Profit / employee

£147k

Revenue/employee £834k

Profitable streak

4yrs

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 Dec 2021	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	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£4.5m	£4.2m	£3.7m	£4.2m
Cost of sales	£3.2m	£2.6m	£2.5m	£2.7m
Gross profit	£1.3m	£1.5m	£1.1m	£1.5m
Operating profit	£321k	£676k	£287k	£737k
Profit before tax	£321k	£675k	£287k	£737k
Profit after tax	—	£557k	—	—
Profit (best available)	£321k	£557k	£287k	£737k
Staff costs	£511k	£634k	£580k	£518k
Employees (average)	10	4	6	5
Ratios
Profit margin	7.2%	13.4%	7.8%	17.7%
Gross margin	29.2%	36.5%	31%	35.9%
Revenue per employee	£448k	£1m	£613k	£834k
Profit per employee	£32.1k	£139k	£47.8k	£147k
Growth (year on year)
Revenue growth	—	▼7.3%	▼11.4%	▲13.4%
Profit growth	—	▲73.7%	▼48.6%	▲157.1%
Headcount growth	—	▼60%	▲50%	▼16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£15.2k	£11.9k	£104k	£202k
Net assets	£7.3k	£48.3k	£267k	£822k
Debtors	£1.4m	£1.5m	£897k	£2.2m
Source	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 17.7%; Profit ÷ revenue.
Gross margin: 35.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £834k; Revenue ÷ average employees.
Profit per employee: £147k; 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: 53.4%; 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: ▲208%; Now £822k
Cash at bank: ▲94%; Now £202k
Headcount: ▼17%; Now 5
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Modaxo Europe A/S (registered outside the UK register)ultimate parent75–100%
Signature Rail Limited75–100%
TTG Technology (Europe) 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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £737k), from the Companies House accounts bulk data published Sep 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.