Tecosim Limited
Registered name: TECOSIM LIMITED
Tecosim Limited made £16.1m revenue and £395k profit in the year to 31 Dec 2024.
Tecosim Limited’s revenue fell 6% to £16.1m in the year to 31 Dec 2024, with £395k profit and 90 employees. The company is classified under “other engineering activities” and is based in Basildon; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Basildon, East of England
- Age
- 27 yrs · since 1999
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £17.1m | £17.1m | £16.1m |
| Cost of sales | £15.7m | £15.4m | £14.2m |
| Gross profit | £1.3m | £1.7m | £1.9m |
| Operating profit | £14.1k | £328k | £409k |
| Profit before tax | £47.3k | £364k | £450k |
| Profit after tax | £47.3k | £277k | £395k |
| Profit (best available) | £47.3k | £277k | £395k |
| Staff costs | £4.9m | £4.7m | — |
| Employees (average) | 82 | 83 | 90 |
| Ratios | |||
| Profit margin | 0.3% | 1.6% | 2.5% |
| Gross margin | 7.8% | 10% | 11.5% |
| Revenue per employee | £208k | £206k | £179k |
| Profit per employee | £577 | £3.3k | £4.4k |
| Cash conversion | 758% | −3.7% | −73.2% |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.3% | ▼5.9% |
| Profit growth | — | ▲484.8% | ▲43% |
| Headcount growth | — | ▲1.2% | ▲8.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £405k | £418k | £98.4k |
| Net assets | £516k | £793k | £1.2m |
| Fixed assets | £97.1k | £102k | £93.4k |
| Current assets | £4.6m | £4m | £3.7m |
| Debtors | £2.9m | £2.7m | £2.4m |
| Deferred income | £276k | £14.8k | £15.4k |
| Cash from operations | £107k | −£12k | −£299k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 2.5%
- Profit ÷ revenue.
- Gross margin
- 11.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £179k
- Revenue ÷ average employees.
- Profit per employee
- £4.4k
- Profit ÷ average employees.
- Cash conversion
- −73.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.7%
- Money owed by customers. Low = customers pay quickly.
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
- ▲50%
- Now £1.2m
- Cash at bank
- ▼76%
- Now £98.4k
- Headcount
- ▲8%
- Now 90
- Deferred income
- ▲4%
- Now £15.4k
- Fixed assets
- ▼8%
- Now £93.4k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
- Hinduja Automotive Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £395k), from the Companies House accounts bulk data published Sep 2025. 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.