TIDE PLATFORM LTD

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

• Turnover

  +56%

  £113,564,000 → £177,186,000

• Cash

  +25%

  £31,127,000 → £38,913,000

• Net assets

  +9.4%

  £7,012,000 → £7,674,000

• Employees

  +30.1%

  735 → 956

• Operating profit

  +65.9%

  -£33,200,000 → -£11,312,000

• Profit before tax

  +62.1%

  -£34,849,000 → -£13,221,000

• Wages

  +22%

  £41,719,000 → £50,903,000

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

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.

1. TIDE PLATFORM LTD 2016-10-17 → present
2. STARFISH PLATFORM LIMITED 2015-05-18 → 2016-10-17

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In adopting the going concern basis of preparing the financial statements, the directors have considered the business activities and future plans to develop its product offering and scale its member base, as well as the Company's principal risks and uncertainties set out in the Strategic Report. Based on cash flow forecasts, financial projections and investor confidence following recent equity fundraising and debt refinancing, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis in preparing the annual financial statements.”

Group structure

1. TIDE PLATFORM LTD · parent
   1. Tide Platform Private Limited 0.01% · India · Software development and IT services as a support centre to the Group
   2. Tide Platform Technology and Servicing Private Limited 1% · India · Software development and IT services as a support centre to the Group

Significant events

• “In October 2024, the Company acquired the technology, employees and existing customers of Onfolk Limited as part of Tide's expansion strategy to accelerate its existing product offerings by introducing payroll and human resource features to our members.”
• “The Company refinanced the revolving facility in April 2024, extending the maturity from April 2024 to April 2025 with the revision on interest from 10.25% to 12.25%. This was again extended from April 2025 to July 2026 which allows the Company to maintain its current liquidity levels, as well as maintain the operational and expansion strategies going forward.”
• “Post year end funding activities to support product and software development and international expansion include additional debt funding extension of £5m of existing loans borrowed by Tide Platform Limited in July 2025 and equity funding of £7.2m from its parent company, Tide Holdings Limited.”
• “The Company has branches outside the UK: Bulgaria (opened November 2018), Serbia (opened June 2023), Germany (opened March 2024), Lithuania (opened September 2024), Romania (opened June 2025).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

15

last 12 months

Capital events

12

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.