Simmerson Associates Ltd
Registered name: SIMMERSON ASSOCIATES LTD
Part of E-PPL Holdings Limited groupSimmerson Associates Ltd made £12.9m revenue and £701k profit in the year to 31 Mar 2024.
Simmerson Associates Ltd’s revenue fell 60% to £12.9m in the year to 31 Mar 2024, with £701k profit and 0 employees. The company is classified under “other information technology service activities” and is based in Coventry; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Coventry, West Midlands
- Age
- 24 yrs · since 2002
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £32m | £12.9m |
| Operating profit | — | £8.7m | £804k |
| Profit before tax | — | £2.6m | £883k |
| Profit after tax | — | £994k | £701k |
| Profit (best available) | — | £994k | £701k |
| Staff costs | — | £20k | £300k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | 3.1% | 5.4% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼59.6% |
| Profit growth | — | — | ▼29.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.6m | £4.4m | £2.7m |
| Net assets | £2.5m | £2m | £2.7m |
| Fixed assets | £7.2k | £151k | £305k |
| Current assets | £8.2m | £12.2m | £7m |
| Debtors | £3.6m | £4.8m | £1.8m |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 5.4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.2%
- 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
- ▲32%
- Now £2.7m
- Cash at bank
- ▼37%
- Now £2.7m
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▲102%
- Now £305k
Group structure
Ownership chain
- E-PPL Holdings Limitedultimate parent75–100%
- Simmerson Associates Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Auto-PWR LimitedFigures not disclosed
Sister companies (2)
- Autoscan (UK) LimitedRev. £4.7m · Profit £150k
- E-PPL LimitedRev. £3.7m · Profit £140k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Pexip LimitedReading · Other information technology service activities
- Revenue
- £12.9m
- Profit
- £833k
- Staff
- 67
- Visual Response LimitedSidcup · Other information technology service activities
- Revenue
- £12.8m
- Profit
- £1.1m
- Staff
- 24
- Bynder LimitedLondon · Other information technology service activities
- Revenue
- £12.7m
- Profit
- £514k
- Staff
- 27
- Critical Software LtdSouthampton · Other information technology service activities
- Revenue
- £12.6m
- Profit
- £2.1m
- Staff
- 25
- Assured Information Systems LimitedST Neots · Other information technology service activities
- Revenue
- £13.3m
- Profit
- £599k
- Staff
- 101
- Purple Wifi LimitedOldham · Other information technology service activities
- Revenue
- £12.6m
- Profit
- £859k
- Staff
- 76
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £701k), from the Companies House accounts bulk data published Dec 2024. 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.