How much does Telus Health (UK) Ltd. make?

Telus Health (UK) Ltd. reported revenue of £39.4m and £1.8m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Telus Health (UK) Ltd. have?

Telus Health (UK) Ltd. reported an average of 222 employees in the year to 31 Dec 2024.

Is Telus Health (UK) Ltd. profitable?

Yes — Telus Health (UK) Ltd. reported a profit of £1.8m in the year to 31 Dec 2024.

Company No. 08223675 · Incorporated 21 Sep 2012

Telus Health (UK) Ltd.

Registered name: TELUS HEALTH (UK) LTD.

Part of Telus Health (UK) Holdco Ltd. group

Telus Health (UK) Ltd. made £39.4m revenue and £1.8m profit in the year to 31 Dec 2024.

Telus Health (UK) Ltd.’s revenue fell 34% to £39.4m in the year to 31 Dec 2024, with £1.8m profit and 222 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 4 years of its filed accounts.

Full profit & loss filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 14 yrs · since 2012
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

Cash flow filed

Revenue

£39.4m

Growth ▼34.4%

Profit

£1.8m

Growth ▼92.5%

Profit margin

4.5%

Gross 94.2%

Employees

222

Change ▼6.3%

Profit / employee

£8k

Revenue/employee £177k

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	Profit & loss	Profit & loss	Profit & loss	Profit & loss
Profit & loss
Revenue (turnover)	£39.3m	£46.1m	£60.1m	£39.4m
Cost of sales	£2.8m	£1.2m	£2.8m	£2.3m
Gross profit	£36.5m	£44.9m	£57.3m	£37.1m
Profit before tax	£19.3m	£20.8m	£30.7m	£2.4m
Profit after tax	£16.9m	£16.8m	£23.5m	£1.8m
Profit (best available)	£16.9m	£16.8m	£23.5m	£1.8m
Staff costs	£8.7m	£8.2m	£12.3m	£16.8m
Employees (average)	210	233	237	222
Ratios
Profit margin	43.1%	36.5%	39.2%	4.5%
Gross margin	92.9%	97.4%	95.4%	94.2%
Revenue per employee	£187k	£198k	£254k	£177k
Profit per employee	£80.6k	£72.2k	£99.3k	£8k
Growth (year on year)
Revenue growth	—	▲17.4%	▲30.3%	▼34.4%
Profit growth	—	▼0.6%	▲40%	▼92.5%
Headcount growth	—	▲10.9%	▲1.7%	▼6.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.5m	£5.6m	£2m	£2.6m
Net assets	£9.2m	£39.8m	£63.3m	£65.1m
Fixed assets	£13.5m	£17.9m	£12.7m	£7.6m
Current assets	£11.2m	£38.9m	£72.7m	£92.3m
Debtors	£3.4m	£9.1m	£9m	£8.2m
Cash from operations	£26.4m	£1.9m	£3.5m	£10.4m
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 4.5%; Profit ÷ revenue.
Gross margin: 94.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £177k; Revenue ÷ average employees.
Profit per employee: £8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 19.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.7%; 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: ▲3%; Now £65.1m
Cash at bank: ▲28%; Now £2.6m
Headcount: ▼6%; Now 222
Deferred income: —; Now —
Fixed assets: ▼40%; Now £7.6m

Corporate ownership

Group structure

Ownership chain

Telus Health (UK) Holdco Ltd.ultimate parent75–100%
Telus Health (UK) Ltd.this company

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

Sister companies (1)

Telus Health (BF) LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.8m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.