Tractable: who owns it, who runs it and what the accounts show
Tractable Ltd. has no person with significant control recorded on the Companies House register. In the year to December 2025 it reported turnover of £13m.
- In the year to December 2025, Tractable had turnover of £13m, down 12.5% on the year before.
- It made a pre-tax loss of £3m, losing £22.76 of every £100 of sales.
- It employed an average of 159 people, with staff costs of £15m.
- These figures are from Tractable Ltd.'s group accounts for the year to December 2025, filed at Companies House on 26 September 2026.
- Registered name
- TRACTABLE LTD.
- Company number
- 09315523
- Status
- Active
- Incorporated
- 18 November 2014
- Registered office area
- North London
- Industry code on the register
- 62012: Computer programming, consultancy and related activities
- Accounts
- Group accounts, covering the companies it owns
- Accounts type
- Full group accounts
- Latest accounts
- Year to December 2025, filed 26 September 2026
What does Tractable do?
Tractable is an artificial intelligence company whose software assesses damage to cars and homes from photos, helping insurers and car businesses handle claims and repairs faster. Its computer vision models estimate repair costs and flag whether a vehicle is repairable or a write-off. It earns money from licensing its software to insurers, repairers and car companies. The business was founded in London in 2014 by Alex Dalyac, Razvan Ranca and Adrien Cohen.
In brief: AI damage assessment · insurance claims · software licensing · founded in London
Source: Spark Intel editorial, checked 24 September 2026. Official website: tractable.ai.
Who owns Tractable?
Tractable Ltd., company number 09315523, has no person with significant control recorded on the register. The full record is linked below.
The full ownership record is on the Companies House register. Control is given in the bands the register uses, not as exact shareholdings.
Who runs Tractable?
The Companies House register lists 2 current officers for Tractable Ltd.
All 2 current officers
| Officer | Appointed |
|---|---|
| Razvan Ranca | 18 November 2014 |
| Venkat Sathyamurthy | 28 September 2024 |
Every current officer, with appointment dates, is on the Companies House register.
What did Tractable file?
Tractable Ltd. reported turnover of £13m in the year to December 2025. That was down 12.5% on £15m the year before.
It reported 159 employees. The year before it reported 191.
It filed a pre-tax loss of £3m for the year, against a pre-tax loss of £12m the year before.
Staff costs came to £15m. That is an average of £91,000 a head. It ended the year with £2m at the bank and net liabilities of £11m.
| Measure | Dec 2025 | Dec 2024 |
|---|---|---|
| Turnover | £13m | £15m |
| Pre-tax profit | -£3m (filed) | -£12m (filed) |
| Employees | 159 | 191 |
| Staff costs | £15m | £20m |
| Average staff cost per head | £91,000 | £103,000 |
| Bank and cash | £2m | £4m |
| Net assets | -£11m | -£9m |
Read the accounts to December 2025 (PDF, Companies House) · every accounts filing
What do these figures mean? Turnover vs profit · Profit per £100 · Cash vs profit · Net assets · Group accounts
Are there any charges against Tractable?
Tractable Ltd. has registered 7 charges at Companies House, of which 7 are still outstanding. A charge is security a lender takes over a company's assets; one is satisfied when the lending behind it is repaid or released.
All 7 outstanding charges
| Charge holder | Created |
|---|---|
| Canadian Imperial Bank of Commerce | 1 December 2022 |
| Canadian Imperial Bank of Commerce | 29 November 2022 |
| Canadian Imperial Bank of Commerce | 29 November 2022 |
| Canadian Imperial Bank of Commerce | 28 November 2022 |
| Canadian Imperial Bank of Commerce | 16 February 2021 |
| Canadian Imperial Bank of Commerce | 16 February 2021 |
| Canadian Imperial Bank of Commerce | 12 January 2021 |
Each charge, with its holder and dates, is on the Companies House register.
How Tractable compares
Of the 13 UK AI companies, Tractable is 11th on turnover, 6th on profit margin and 8th on growth. Google DeepMind keeps the most of every £100 of sales: £16.02.
| Rank | UK AI companies | Turnover | Profit per £100 |
|---|---|---|---|
| 1st | Google DeepMind | £1,743m | £16.02 |
| 11th | Tractable | £13m | −£22.76 |
| + 10 more UK AI companies ranked |
Ranked by turnover. Profit per £100 is pre-tax profit for every £100 of turnover, shown only where the profit is filed.
Tractable files as Tractable Ltd., with turnover of £13m in its latest filed year.
Questions about Tractable
What does Tractable do?
Tractable is an artificial intelligence company whose software assesses damage to cars and homes from photos, helping insurers and car businesses handle claims and repairs faster. Its computer vision models estimate repair costs and flag whether a vehicle is repairable or a write-off. It earns money from licensing its software to insurers, repairers and car companies. The business was founded in London in 2014 by Alex Dalyac, Razvan Ranca and Adrien Cohen.
How does Tractable compare with its rivals?
By turnover, Tractable is 11th of the 12 companies in our battle of the UK AI companies, behind Google DeepMind. The battle ranks them on turnover, pre-tax profit, margin, growth and net assets. The battle of the UK AI companies →
Who owns Tractable?
Tractable Ltd. has no person with significant control recorded at Companies House.
How much does Tractable make?
Tractable Ltd. reported turnover of £13m in the year to December 2025. It filed a pre-tax loss of £3m.
How many people work at Tractable?
Tractable Ltd. reported 159 employees in the year to December 2025.
Who runs Tractable?
The Companies House register lists 2 current officers for Tractable Ltd. The full list, with appointment dates, is on the Companies House register.
- Figures come from Tractable Ltd.'s filings at Companies House, company number 09315523, for the period shown at the top of the page.
- These are group accounts: they include the companies it owns.
- Pre-tax profit is the figure the company filed, for both years.
- A figure the filing does not disclose is shown as n/d. A zero in the filing is treated as not disclosed, never as nil.
- Rounding: below £0.1m in thousands, from £0.1m to £2m to one decimal place, from £2m to the nearest million.
- Ownership is shown in the control bands the register of people with significant control uses, not as exact shareholdings.
- Officers' names and appointment dates come from the Companies House register. Job titles come from the company's own website. The description of what the company does comes from its website, or is marked Spark Intel editorial where it is written from stable, checked facts, with the date either way.
Spark Intel, “Tractable: who owns it, who runs it and what the accounts show”, updated 11 November 2026. https://www.spark-intel.co.uk/companies/tractable/. Figures from Companies House filings for TRACTABLE LTD. (09315523).
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