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Cash

£200m

USD 268,835,000

-18.2% lowest in 3 filed years

Net assets

£84m

USD 112,864,000

+103% highest in 3 filed years

Employees

6,842

-14.3% lowest in 3 filed years

Profit before tax

£208m

USD 280,411,000

+142.4% highest in 3 filed years

Watch the reel

Our short-form breakdown of TIKTOK INFORMATION TECHNOLOGIES UK LIMITED's latest filing

TikTok's UK arm just filed its accounts, revealing a massive £9.19bn in turnover and its first-ever operating profit. 📱💷

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £3,585,867,587£5,022,510,347£6,821,749,165 +35.8%
Operating profit -£1,073,624,882-£385,713,945£335,348,423 +186.9%
Profit before tax -£1,155,333,386-£490,306,431£208,097,217 +142.4%
Net profit -£1,170,574,208-£523,179,720£521,381,818 +199.7%
Cash £269,852,526£243,962,114£199,506,494 -18.2%
Total assets less current liabilities -£1,965,378,883-£2,763,028,494£96,920,223 +103.5%
Net assets -£2,810,874,647-£2,769,023,400£83,758,071 +103%
Equity -£2,810,874,647-£2,769,023,400£83,758,071 +103%
Average employees 8,5037,9816,842 -14.3%
Wages £505,146,690£596,600,605£579,527,273 -2.9%
Directors' remuneration ——— —

Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin -29.9%-7.7%4.9%
Net margin -32.6%-10.4%7.6%
Return on capital employed ——346.0%
Gearing (liabilities / total assets) 145.5%160.7%98.5%
Current ratio 0.72x0.62x0.80x
Interest cover -5.53x-2.37x2.37x

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.

Name history

Renamed 2 times since incorporation

  1. TIKTOK INFORMATION TECHNOLOGIES UK LIMITED 2019-11-01 → present
  2. BYTEDANCE UK LIMITED 2018-01-25 → 2019-11-01
  3. CHEETAH TECHNOLOGY UK LIMITED 2016-05-06 → 2018-01-25

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on the results of this assessment, together with the continued financial support from the ultimate parent company, the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements. Accordingly, the directors have adopted the going concern basis of accounting in preparing these financial statements.”

Group structure

  1. TIKTOK INFORMATION TECHNOLOGIES UK LIMITED · parent
    1. Tik Tok Germany GmbH 100% · Germany · Information technology related services
    2. Tik Tok Technology Limited 100% · Ireland · Data hosting, trust and safety content review and related activities
    3. Hyperbola sp z.0.0. 100% · Poland · Information technology related services
    4. Tik Tok SAS 100% · France · Information technology related services
    5. TIKTOK INFORMATION TECHNOLOGIES SPAIN, S.L 100% · Spain · Information technology related services
    6. TikTok Italy S.r.l. 100% · Italy · Information technology related services
    7. Tik Tok Switzerland GmbH 100% · Switzerland · Information technology related services
    8. Bytedance Brasil Tecnología Ltda. 100% · Brazil · Information technology related services
    9. TKTK TECHNOLOGIES S.A.U. (*) 99.9% · Argentina · Information technology related services
    10. Tik Tok Sweden AB 100% · Sweden · Information technology related services

Significant events

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

People

3 active · 4 resigned

Name Role Appointed Born Nationality
LAW, Alistair Stefan Director 2025-07-08 Apr 1984 British
WILK, Jan-Martin Philip Vincent Director 2025-12-01 Jul 1991 German
WLAZIK, Thomas Markus Friedrich Director 2026-03-16 Aug 1981 German
Show 4 resigned officers
Name Role Appointed Resigned
FU, Sheng Director 2016-05-06 2017-12-05
PRESSER, Adam Michael Director 2023-07-27 2026-01-13
VEKARIA, Harsh Govind Director 2023-12-29 2025-07-08
ZHAO, Tian Director 2017-12-05 2023-07-27

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Yiming Zhang Individual Shares 25–50%, Voting 50–75% 2017-12-05 Active
Sheng Fu Individual Significant influence 2016-05-06 Ceased 2017-12-05

Filing timeline

Last 20 of 67 total filings

Date Type Category Description
2026-08-19 AA accounts Accounts with accounts type group
2026-04-09 PSC04 persons-with-significant-control Change to a person with significant control PDF
2026-03-17 AP01 officers Appoint person director company with name date PDF
2026-01-28 PSC04 persons-with-significant-control Change to a person with significant control PDF
2026-01-14 TM01 officers Termination director company with name termination date PDF
2025-12-18 SH01 capital Capital allotment shares PDF
2025-12-04 AP01 officers Appoint person director company with name date PDF
2025-11-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-30 CH01 officers Change person director company with change date PDF
2025-08-20 AA accounts Accounts with accounts type group
2025-07-08 TM01 officers Termination director company with name termination date PDF
2025-07-08 AP01 officers Appoint person director company with name date PDF
2024-11-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-11-06 CH01 officers Change person director company with change date PDF
2024-10-08 AA accounts Accounts with accounts type group
2024-07-20 PSC04 persons-with-significant-control Change to a person with significant control PDF
2024-07-18 PSC04 persons-with-significant-control Change to a person with significant control PDF
2024-07-17 PSC04 persons-with-significant-control Change to a person with significant control PDF
2024-01-10 CH01 officers Change person director company with change date PDF
2024-01-03 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
9

last 12 months

Capital events
1

last 24 months

Officers appointed
2

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page