How much does Pics Telecom International Limited make?

Pics Telecom International Limited reported revenue of £10.5m and a loss of £608k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Pics Telecom International Limited have?

Pics Telecom International Limited reported an average of 51 employees in the year to 31 Dec 2025.

Is Pics Telecom International Limited profitable?

No — Pics Telecom International Limited reported a loss of £608k in the year to 31 Dec 2025.

Company No. 05146102 · Incorporated 4 Jun 2004

Pics Telecom International Limited

Registered name: PICS TELECOM INTERNATIONAL LIMITED

Part of Pics Telecom International Corporation group

Pics Telecom International Limited made £10.5m revenue and a £608k loss in the year to 31 Dec 2025.

Pics Telecom International Limited’s revenue fell 9% to £10.5m in the year to 31 Dec 2025, with a loss of £608k and 51 employees. The company is classified under “retail sale of telecommunications equipment other than mobile telephones” and is based in Bristol; we hold 5 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47429Retail sale of telecommunications equipment other than mobile telephones

Status: Active
Location: Bristol, South West
Age: 22 yrs · since 2004
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 Dec 2025

Key figures

Cash flow filed

Revenue

£10.5m

Growth ▼9%

Profit

−£608k

Growth —

Profit margin

−5.8%

Gross 15.5%

Employees

Change ▼13.6%

Profit / employee

−£11.9k

Revenue/employee £205k

Profitable streak

0yrs

Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£19.1m	£23.1m	£17.8m	£11.5m	£10.5m
Cost of sales	£17.5m	£20.6m	£15m	£9.5m	£8.8m
Gross profit	£1.6m	£2.5m	£2.8m	£2m	£1.6m
Operating profit	£388k	£738k	£684k	−£377k	−£616k
Profit before tax	£294k	£771k	£674k	−£615k	−£624k
Profit after tax	£238k	£618k	£500k	−£438k	−£608k
Profit (best available)	£238k	£618k	£500k	−£438k	−£608k
Staff costs	£4m	£4.9m	£4.8m	£3.9m	£3.5m
Employees (average)	70	79	81	59	51
Ratios
Profit margin	1.2%	2.7%	2.8%	−3.8%	−5.8%
Gross margin	8.4%	10.8%	15.8%	17.5%	15.5%
Revenue per employee	£273k	£292k	£220k	£195k	£205k
Profit per employee	£3.4k	£7.8k	£6.2k	−£7.4k	−£11.9k
Cash conversion	75.2%	13.7%	−6.7%	—	—
Growth (year on year)
Revenue growth	—	▲20.8%	▼22.9%	▼35.4%	▼9%
Profit growth	—	▲159.5%	▼19%	▼187.5%	—
Headcount growth	—	▲12.9%	▲2.5%	▼27.2%	▼13.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£883k	£863k	£521k	£615k	£800k
Net assets	£1.2m	£1.8m	£2.3m	£1.9m	£1.3m
Fixed assets	£85.3k	£98k	£203k	£1.7m	£1.6m
Current assets	£8.4m	£7.3m	£6.6m	£4.2m	£4.7m
Debtors	£3.2m	£2.5m	£2.4m	£1.3m	£2.1m
Cash from operations	£292k	£101k	−£46.1k	£1.9m	£312k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	Accounts · bulk data Aug 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −5.8%; Profit ÷ revenue.
Gross margin: 15.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £205k; Revenue ÷ average employees.
Profit per employee: −£11.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 15.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20%; 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: ▼32%; Now £1.3m
Cash at bank: ▲30%; Now £800k
Headcount: ▼14%; Now 51
Deferred income: —; Now —
Fixed assets: ▼3%; Now £1.6m

Corporate ownership

Group structure

Ownership chain

Pics Telecom International Corporation (registered outside the UK register)ultimate parent75–100%
Pics Telecom International Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£608k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 24 Oct 2026

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