Tembo Money Limited

Active12631312Information & communicationIncorporated 29 May 2020 · London

The principal activity of the company is Tembo Money Limited (“Tembo”) provides digital mortgage advice and savings products which are primarily designed to help first time buyers build up enough deposit to enable them to buy a home.

Revenue

£9.1m

No comparable prior period

Profit after tax

-£4.3m

Margin -46.9%

Employees

57

— vs prior ~12m period

Net assets

£14.7m

Total assets £16.3m

Financial history

Revenue by accounting period

4 periods available · ▲ growth ▼ decline

May 2021
Not available
May 2022
Not available
May 2023
£711k
Nov 2024
£9.1m
Period endRevenueGrowthProfit before taxEmployeesNet assets
30 Nov 2024£9.1m—-£4.4m57£14.7m
31 May 2023£711k—-£2.4m25£3.0m
31 May 2022———17£1.1m
31 May 2021———2£2.5m

Some periods are not about 12 months apart, usually because the company changed its year end or the register holds more than one set of accounts for a year. Growth is shown only against a prior period roughly 12 months earlier.

Latest available figures

Period ending 30 Nov 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£9.1m
Gross profit
£5.1m
Operating profit
-£4.3m
Profit before tax
-£4.4m
Profit after tax
-£4.3m

Balance sheet

Total assets
£16.3m
Cash
£13.0m
Total liabilities
£1.6m
Net assets
£14.7m
Revenue per employee
£160k

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