How many employees does Simoco Systems Limited have?

Simoco Systems Limited reported an average of 11 employees in the year to 31 Oct 2025.

Is Simoco Systems Limited profitable?

Yes — Simoco Systems Limited reported a profit of £55k in the year to 31 Oct 2025.

Company No. 02704696 · Incorporated 7 Apr 1992

Simoco Systems Limited

Registered name: SIMOCO SYSTEMS LIMITED

Part of TTG Global Solutions Group Limited group

Simoco Systems Limited made £55k profit in the year to 31 Oct 2025 (revenue not disclosed).

Simoco Systems Limited reported £55k profit in the year to 31 Oct 2025; its revenue was not disclosed. It had 11 employees. The company is classified under “wireless telecommunications activities” and is based in West, Worcester; we hold 4 years of its filed accounts.

Profit onlySection J · Information and communicationSIC 61200Wireless telecommunications activities SIC 62012Business and domestic software development SIC 62020Information technology consultancy activities SIC 63110Data processing, hosting and related activities

Status: Active
Location: West, Worcester, West Midlands
Age: 34 yrs · since 1992
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Oct 2025

Key figures

Revenue

—

Not disclosed in filing

Profit

£55k

Growth —

Profit margin

—

Employees

Change ▼8.3%

Profit / employee

£5k

Profitable streak

1yr

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Profit only	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Profit after tax	£202k	−£75k	−£177k	£55k
Profit (best available)	£202k	−£75k	−£177k	£55k
Employees (average)	11	13	12	11
Ratios
Profit margin	—	—	—	—
Profit per employee	£18.4k	−£5.8k	−£14.8k	£5k
Growth (year on year)
Headcount growth	—	—	▼7.7%	▼8.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£273k	£116k	£62k	£7k
Net assets	−£9k	−£84k	−£261k	−£206k
Fixed assets	£14k	£20k	£29k	£353k
Current assets	£471k	£287k	£170k	£418k
Debtors	£89k	£100k	£22k	£147k
Deferred income	£79k	£88k	£66k	£62k
Source	Accounts · bulk data Jul 2024	Accounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£206k
Cash at bank: ▼89%; Now £7k
Headcount: ▼8%; Now 11
Deferred income: ▼6%; Now £62k
Fixed assets: ▲1117%; Now £353k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

TTG Global Solutions Group Limitedultimate parent75–100%
TTG Global Solutions Limited75–100%
Team Telecommunications Group Limited75–100%
Simoco Systems Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Simoco Emea LtdRev. £4.9m · Profit £386k

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £55k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.