TENEO STRATEGY LIMITED

1. TENEO STRATEGY LIMITED 2018-07-31 → present
2. TENEO BLUE RUBICON LIMITED 2016-09-12 → 2018-07-31
3. BLUE RUBICON LIMITED 1999-11-25 → 2016-09-12

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have assessed that there are no material uncertainties related to events or conditions which may cast significant doubt upon the company's ability to continue as a going concern. As such the Directors of the company continue to adopt the going concern basis of accounting in preparing these financial statements.”

Group structure

1. TENEO STRATEGY LIMITED · parent
   1. Tulchan Group Communications Limited 100% · UK · capital market communications consultancy group

Significant events

• “The year ended 31 December 2024 represents the first full year of trading since the acquisition of Tulchan Communications LLP in January 2023.”
• “Re-organising the leadership of the UK Strategy & Communications business following a successful integration of Tulchan Communications LLP; Andrew Feldman was appointed as CEO of the business from 1 September 2024.”
• “Management made the decision to transfer all remaining trade and assets under the existing Tulchan brand into Teneo Strategy Limited to improve operational management and simplify processes.”
• “During the year, an interim dividend of £12.0m was issued and settled against intercompany receivables due from Teneo Business Consulting Limited.”

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

Filings

11

last 12 months

Capital events

1

last 24 months

Officers appointed

1

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.

• Turnover

  +19.3%

  £44,584,000 → £53,209,000

• Cash

  +128.6%

  £2,275,000 → £5,201,000

• Net assets

  -25.7%

  £64,298,000 → £47,770,000

• Employees

  -21.5%

  233 → 183

• Operating profit

  -435%

  -£349,000 → -£1,867,000

• Profit before tax

  -112.6%

  £1,933,000 → -£243,000

• Wages

  -2.6%

  £22,987,000 → £22,386,000

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