Eurorad Limited
Registered name: EURORAD LIMITED
Part of Tile Mountain Limited groupEurorad Limited made £90m revenue and £9.4m profit in the year to 31 Dec 2025. read from filing text
Eurorad Limited’s revenue grew 40% to £90m in the year to 31 Dec 2025, with £9.4m profit and 85 employees. The company is classified under “retail sale via mail order houses or via internet” and is based in Stoke-on-Trent; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Stoke-on-Trent, West Midlands
- Age
- 7 yrs · since 2019
- 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. From the filing: “The ultimate parent company is Tile Mountain Limited, a company registered in England and Wales. The address of the ultimate parent company is Connaught Street, Tunstall, Stoke on Trent, England, ST6 ”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £30.7m | £47.2m | £64.4m | £90m |
| Cost of sales | £14.9m | £19.7m | £27.7m | £36.2m |
| Gross profit | £15.8m | £27.5m | £36.7m | £53.8m |
| Operating profit | £3m | £6.8m | £7.4m | £12.3m |
| Profit before tax | £3m | £6.9m | £7.5m | £12.3m |
| Profit after tax | £2.5m | £5.7m | £5.3m | £9.4m |
| Profit (best available) | £2.5m | £5.7m | £5.3m | £9.4m |
| Staff costs | £1.7m | £2.2m | £2.3m | £2.6m |
| Employees (average) | 71 | 83 | 84 | 85 |
| Ratios | ||||
| Profit margin | 8.1% | 12% | 8.3% | 10.4% |
| Gross margin | 51.4% | 58.3% | 57% | 59.8% |
| Revenue per employee | £432k | £568k | £767k | £1.1m |
| Profit per employee | £35k | £68.3k | £63.3k | £110k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲53.7% | ▲36.6% | ▲39.7% |
| Profit growth | — | ▲128.3% | ▼6.2% | ▲76% |
| Headcount growth | — | ▲16.9% | ▲1.2% | ▲1.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.6m | £1.8m | £562k | £678k |
| Net assets | £5.2m | £10.8m | £13.7m | £23m |
| Fixed assets | £3.1m | £8m | £10.9m | £13.2m |
| Current assets | £8.8m | £15.3m | £22.2m | £29.8m |
| Debtors | £0 | £5.4k | £1.3k | £47.1k |
| Deferred income | — | — | £7.7m | £6.1m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 10.4%
- Profit ÷ revenue.
- Gross margin
- 59.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.1m
- Revenue ÷ average employees.
- Profit per employee
- £110k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▲68%
- Now £23m
- Cash at bank
- ▲21%
- Now £678k
- Headcount
- ▲1%
- Now 85
- Deferred income
- ▼20%
- Now £6.1m
- Fixed assets
- ▲22%
- Now £13.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Tile Mountain Limitedultimate parent75–100%
- Eurorad Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Bathroom Mountain LtdFigures not disclosed
Sister companies (4)
- Walls and Floors LimitedRev. £25.7m · Profit £278k
- Eazy Dynamics LimitedFigures not disclosed
- Highgate 2 LimitedFigures not disclosed
- Highgate 3 LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Vogacloset LimitedLondon · Retail sale via mail order houses or via Internet
- Revenue
- £85.7m
- Profit
- £599k
- Staff
- 99
- Monumart LimitedIpswich · Retail sale via mail order houses or via Internet
- Revenue
- £79.5m
- Profit
- £1.6m
- Staff
- 56
- Ubt (EU) LtdWarwick · Retail sale via mail order houses or via Internet
- Revenue
- £108m
- Profit
- £1.6m
- Staff
- 221
- Innox Trading LimitedSkelmersdale · Retail sale via mail order houses or via Internet
- Revenue
- £110m
- Profit
- £4.9m
- Staff
- 248
- Rarewaves.com LimitedLondon · Retail sale via mail order houses or via Internet
- Revenue
- £67.2m
- Profit
- £1.4m
- Staff
- 51
- Branded Garden Products LimitedIpswich · Retail sale via mail order houses or via Internet
- Revenue
- £63.2m
- Profit
- £4.6m
- Staff
- 313
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £9.4m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.