Founded in 2008 and exclusively focussed on the Wealth and Investment Management sector, Third Financial is one of the fastest growing and most innovative software and platform service providers in the market today. Our award-winning front-to-back Tercero software is used by around 50 Investment and Wealth firms to manage over £40bn of assets, and by more than 1,000 industry professionals. Tercero Platform is our next-generation platform services offering for firms choosing to outsource middle and back office operations. It will be available to clients from Spring 2016. With our software expertise and in-depth understanding of all aspects of investment management operations, we are uniquely placed to provide our clients with the services they require, through our software and platform solutions.
London, GB
Size (employees)
38 (est)-2%
Third Financial was founded in 2008 and is headquartered in London, GB
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Third Financial Office Locations

Third Financial has offices in Halesowen and London
London, GB (HQ)
17 Neal's Yard
Halesowen, GB
Fountain House Great Cornbow
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Third Financial Financials and Metrics

Summary Metrics

Founding Date


Total Funding

$3.9 m

Latest funding size

$3.87 m

Time since last funding

3 years ago


Third Financial's latest funding round in May 2015 was reported to be $3.9 m. In total, Third Financial has raised $3.9 m
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Third Financial Financials

Third Financial's revenue was reported to be £3.92 m in FY, 2017

Revenue (FY, 2017)

3.9 m

Gross profit (FY, 2017)

1.9 m

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

(605.6 k)

EBITDA (FY, 2017)

(642.6 k)

EBIT (FY, 2017)

(763 k)

Cash (31-Dec-2017)

1.6 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2015FY, 2016FY, 2017


255.8 k923.5 k1.7 m2.6 m4.5 m4 m3.9 m

Revenue growth, %


Cost of goods sold

156.8 k392.8 k505.5 k644.6 k1.8 m2.2 m2 m

Gross profit

99.1 k530.8 k1.2 m2 m2.7 m1.8 m1.9 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


237 k492 k319.7 k273.7 k341 k543.9 k629.8 k1 m1.6 m

Accounts Receivable

65.6 k210.3 k337.1 k660.9 k453.6 k602.3 k588.4 k600.8 k371.6 k618.6 k

Current Assets

89 k462.7 k850.3 k1 m727.2 k943.3 k1.1 m1.7 m1.9 m2.7 m


28 k32.6 k19.8 k37.2 k26.1 k27.8 k24.6 k97 k109.1 k117.4 k
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2015FY, 2016FY, 2017

Net Income

(573.7 k)(51.6 k)192.5 k61.4 k263.1 k(880.4 k)(605.6 k)

Cash From Operating Activities

680.2 k(269.4 k)(565.5 k)

Cash From Financing Activities

181.4 k1.4 m1.7 m

Net Change in Cash

85.9 k383.2 k552.6 k
GBPY, 2017


100.2 k

Financial Leverage

1.8 x
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