REWARD CLOUD LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-21 (in 10mo)
Last made up 2026-03-07
Watchouts
None on the register
Cash
£62M
+60.4% vs 2023
Net assets
£12M
+42.1% vs 2023
Employees
127
+47.7% vs 2023
Profit before tax
£4M
+170.7% vs 2023
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £14,911,206 | £28,186,611 | |
| Operating profit | £1,414,536 | £3,641,660 | |
| Profit before tax | £1,345,211 | £3,641,126 | |
| Net profit | £1,254,213 | £3,024,763 | |
| Cash | £38,366,045 | £61,529,443 | |
| Total assets less current liabilities | £8,134,481 | £11,560,194 | |
| Net assets | £8,134,481 | £11,560,194 | |
| Equity | £8,134,481 | £11,560,194 | |
| Average employees | 86 | 127 | |
| Wages | £5,374,662 | £9,097,253 | |
| Directors' remuneration | £187,500 | £538,580 |
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
+89%
£14,911,206 £28,186,611
-
Cash
+60.4%
£38,366,045 £61,529,443
-
Net assets
+42.1%
£8,134,481 £11,560,194
-
Employees
+47.7%
86 127
-
Operating profit
+157.4%
£1,414,536 £3,641,660
-
Profit before tax
+170.7%
£1,345,211 £3,641,126
-
Wages
+69.3%
£5,374,662 £9,097,253
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 9.5% | 12.9% | |
| Net margin | 8.4% | 10.7% | |
| Return on capital employed | 17.4% | 31.5% | |
| Current ratio | 1.15x | 1.11x | |
| Interest cover | 20.40x | 4234.49x |
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
- Kreston Reeves LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 or the pare”
Group structure
- REWARD CLOUD LIMITED · parent
- Tillo Inc 100%
- Tillo Pty Ltd 100%
- Jigsaw Business Solutions Ltd 100%
Significant events
- “Acquisition of Jigsaw Business Solutions: In March 2024, Tillo acquired Jigsaw, a prominent provider of gift card program management for over 20 retailers, including ASOS, Costa, and Hotels.com.”
- “Product Launch - StoreFront: Tillo launched StoreFront, a white-label product enabling businesses to sell gift cards directly to consumers without the need for complex integrations.”
- “Investment Partnership with Tenzing: In May 2025 Tillo announced an investment partnership with Tenzing, a specialist growth investor in tech and tech-enabled businesses across the UK and Europe. This partnership aims to support Tillo's next phase of profitable growth, especially in the UK and US markets.”
- “New Hub in Cape Town: Tillo opened a new office in Cape Town, South Africa, expanding its operational footprint. The Company now has a presence in the UK, US, Europe, Australia, and Africa.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PREECE, Alex | Director | 2016-03-08 | Oct 1983 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DIGHERO, Robert Simon | Director | 2016-05-27 | 2025-05-08 |
| GILLATT, Gareth Edward | Director | 2016-03-08 | 2022-03-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Project Edge Bidco Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-05-08 | Active |
| Mr Alex Preece | Individual | Significant influence | 2016-04-07 | Ceased 2020-12-16 |
| Mr Gareth Edward Gillatt | Individual | Significant influence | 2016-04-07 | Ceased 2020-12-16 |
Filing timeline
Last 20 of 56 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-31 RESOLUTIONS Resolution
- 2026-03-31 RESOLUTIONS Resolution
- 2025-05-28 RESOLUTIONS Resolution
- 2023-01-03 MA Memorandum articles
- 2023-01-03 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-31 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-20 | SH01 | capital | Capital allotment shares | |
| 2025-09-10 | AA | accounts | Accounts with accounts type group | |
| 2025-06-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-22 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-05-22 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-05-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-04 | AA | accounts | Accounts with accounts type group | |
| 2024-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-25 | AA | accounts | Accounts with accounts type group | |
| 2023-03-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-03 | MA | incorporation | Memorandum articles | |
| 2023-01-03 | RESOLUTIONS | resolution | Resolution | |
| 2022-12-20 | SH01 | capital | Capital allotment shares | |
| 2022-11-07 | CH01 | officers | Change person director company with change date | |
| 2022-10-03 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 1
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.