TP-LINK UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-19 (in 8mo)
Last made up 2026-01-05
Watchouts
Cash
£20M
-52.3% vs 2023
Net assets
£74M
-56.3% lowest in 5 filed years
Employees
355
+16.8% highest in 5 filed years
Profit before tax
£38M
+3.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
8-year trend · vs Consumer Discretionary median
Accounts
8-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | £331,053,000 | £402,993,000 | |
| Operating profit | — | — | — | — | — | — | £35,861,000 | £39,554,000 | |
| Profit before tax | — | — | — | — | — | — | £37,013,000 | £38,408,000 | |
| Net profit | — | £8,978,000 | — | £46,990,000 | — | — | £27,301,000 | £27,427,000 | |
| Cash | — | £10,863,000 | — | £21,742,000 | £15,681,000 | — | £42,051,000 | £20,046,000 | |
| Total assets less current liabilities | — | £112,217,000 | — | £117,620,000 | £101,373,000 | — | £170,943,000 | £79,516,000 | |
| Net assets | — | £110,140,000 | — | £116,338,000 | — | — | £168,709,000 | £73,700,000 | |
| Equity | £102,323,000 | £110,140,000 | £110,139,000 | £116,338,000 | — | £124,662,000 | £168,709,000 | £73,700,000 | |
| Average employees | — | 41 | — | 42 | 339 | — | 304 | 355 | |
| Wages | — | — | — | — | — | — | £11,796,000 | £15,789,000 | |
| Directors' remuneration | — | — | — | — | — | — | £102,000 | £135,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+21.7%
£331,053,000 £402,993,000
-
Cash
-52.3%
£42,051,000 £20,046,000
-
Net assets
-56.3%
£168,709,000 £73,700,000
lowest in 4 filed years
-
Employees
+16.8%
304 355
highest in 5 filed years
-
Operating profit
+10.3%
£35,861,000 £39,554,000
-
Profit before tax
+3.8%
£37,013,000 £38,408,000
-
Wages
+33.9%
£11,796,000 £15,789,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | 10.8% | 9.8% | |
| Net margin | — | — | — | — | — | — | 8.2% | 6.8% | |
| Return on capital employed | — | — | — | — | — | — | 21.0% | 49.7% | |
| Current ratio | — | — | — | — | — | — | 2.83x | 1.59x | |
| Interest cover | — | — | — | — | — | — | 67.92x | 16.02x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Qualified
- Going concern
- Affirmed
“At the time of approving the financial statements, the director has a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- TP-LINK UK LIMITED · parent
- TP-Link Canada Inc. 100%
- TP-Link Australia Pty Ltd 100%
- TP-Link Technologies South Africa (Pty) Ltd 100%
- TP-Link Japan 100%
- TP-Link Korea Limited 100%
- TP-Link Taiwan Co. Ltd 100%
- TP-Link Ukraine LLC 100%
Significant events
- “During the year, the Group underlook a restructuring of its organisation, whereby TP Link USA Corporalion was separated and positioned above the TP LINK UK group. This transaction has been accounted for in accordance with merger accounting principles.”
- “Accordingly, the comparative financial information has been restated as though the revised Group structure had been in place throughout the prior period. As a result, the prior year comparatives no longer include the results or financial position of the US entity.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| QIAO, Junjie | Secretary | 2023-09-15 | — | — |
| QIAO, Junjie | Director | 2023-09-15 | Jan 1990 | Chinese |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LIU, Chunlei | Secretary | 2017-01-01 | 2023-09-15 |
| QIAO, Junjie | Secretary | 2016-03-10 | 2016-12-31 |
| WANG, Yao | Secretary | 2010-03-29 | 2016-03-10 |
| TAYLOR WESSING SECRETARIES LIMITED | Corporate Secretary | 2010-03-26 | 2010-03-29 |
| BURKE, Paul Simon | Director | 2010-03-26 | 2010-03-29 |
| LIU, Chunlei, Mr. | Director | 2021-06-07 | 2023-09-15 |
| ZHAO, Jianjun, Mr. | Director | 2010-03-29 | 2022-03-18 |
| HUNTSMOOR LIMITED | Corporate Director | 2010-03-26 | 2010-03-29 |
| HUNTSMOOR NOMINEES LIMITED | Corporate Director | 2010-03-26 | 2010-03-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Hong Jin | Individual | Shares 25–50% | 2024-05-21 | Ceased 2025-10-27 |
| Ms Xiaoxiao Zhao | Individual | Shares 25–50% | 2023-01-05 | Ceased 2024-05-21 |
| Mr Jianjun Zhao | Individual | Significant influence | 2017-02-10 | Active |
| Mr Jiaxing Zhao | Individual | Shares 25–50% | 2016-04-06 | Ceased 2023-01-05 |
Filing timeline
Last 20 of 108 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-04 | DISS40 | gazette | Gazette filings brought up to date | |
| 2026-04-02 | AA | accounts | Accounts with accounts type group | |
| 2026-03-31 | GAZ1 | gazette | Gazette notice compulsory | |
| 2026-01-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-31 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-02-13 | AA | accounts | Accounts with accounts type group | |
| 2025-01-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-08-01 | SH01 | capital | Capital allotment shares | |
| 2024-06-06 | AA | accounts | Accounts with accounts type group | |
| 2024-05-21 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-21 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-05-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-03-20 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-03-12 | GAZ1 | gazette | Gazette notice compulsory | |
| 2024-01-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-09-18 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.