Adsure Services has issued an encouraging trading and corporate update, highlighting that its orderbook has grown by double digits since the start of the current financial year in April 2025, suggesting the company is set for another year of top-line growth.
The specialist business assurance provider, which operates through its subsidiary, TIAA Limited, has seen growth driven by both one-off projects and long-term contracts.
The new long-term contracts will bolster Adsure Service’s recurring revenue base, providing excellent revenue visibility.
Although today’s update did not mention the dividend, the growing order book supports the firm’s progressive dividend policy. Adsure recently increased its final dividend by 15%.
In addition to reporting growth in group orders, Adsure provided an update on its strategic objectives and divisional progress.
The company’s ‘Fit for the Future’ technology strategic initiative is gaining momentum with the launch of new software following an agreement with K10 Vision announced in February.
The new audit working paper software was fully integrated and launched on 1 November 2025, representing Adsure’s commitment to enhancing internal efficiency whilst meeting evolving client demands in an increasingly dynamic market.
Adsure also touched on the development of the group’s proprietary ‘TIAA Insight’ AI tool, a large language model designed specifically for the business, which has now entered the client testing phase.
Housing Sector Delivers Substantial Gains
Since Angela Ward joined TIAA Limited as the housing sector lead in January 2025, the division has enjoyed substantial growth and expanded market share considerably.
Client numbers have surged by approximately 20% to over 130 individual organisations. The new contracts comprise 39% recurring engagements and 61% grant work and advisory services. A particular area of strength has been grant audit work, specifically auditing government grants from Homes England.
Angela Ward, Director – Housing at TIAA Limited, said: This growth reflects the strength of our offering. A standout area has been our success in recurring internal audit contracts, our grant compliance work, particularly with Homes England. I fundamentally believe that this success is a testament to the TIAA Difference: our deep sector knowledge, our in-house expertise, and our reputation as the best-kept secret in the housing sector.”
Education division wins higher-value contracts
The education division has secured three new university clients worth a combined £159,800 over the 2025/2026 academic year. The wins represent TIAA Limited’s evolution towards capturing a greater share of higher-value contracts in the sector.
Notably, all three are term recurring contracts with daily rates exceeding the company’s existing average, demonstrating market confidence in service quality. These engagements will commence during the financial year-end period for educational institutions, falling into the group’s second half.
Chief Executive Kevin Limn commented: “I’m delighted with the exceptional progress Adsure Services has made this year. Our growing order book demonstrates the strength of our client relationships and the quality of service we provide.
“Our ‘Fit for the Future’ strategy is delivering real results. The successful integration of K10 Vision and the anticipated launch of our TIAA Insight AI tool will position us at the forefront of technological innovation in our sector. Combined with Angela Ward’s leadership in driving growth in our housing division and Helen Cargill’s success in expanding our education division, we’re building strong foundations to deliver on our strategic objectives.
“The significant expansion in recurring revenue contracts gives us excellent visibility and stability as we continue to grow our market share across key service lines.”
Investors will eagerly await further news on the deployment of the TIAA Insight AI tool.