How much does Networks Centre Limited make?

Networks Centre Limited reported revenue of £41.6m and £2.8m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Networks Centre Limited have?

Networks Centre Limited reported an average of 63 employees in the year to 31 Dec 2024.

Is Networks Centre Limited profitable?

Yes — Networks Centre Limited reported a profit of £2.8m in the year to 31 Dec 2024.

Company No. 05531233 · Incorporated 9 Aug 2005

Networks Centre Limited

Registered name: NETWORKS CENTRE LIMITED

Part of Alcadon Group Ab (Publ) group

Networks Centre Limited made £41.6m revenue and £2.8m profit in the year to 31 Dec 2024.

Networks Centre Limited’s revenue fell 7% to £41.6m in the year to 31 Dec 2024, with £2.8m profit and 63 employees. The company is classified under “other information technology service activities” and is based in Ashington; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: Ashington, South East
Age: 21 yrs · since 2005
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 2024

Key figures

Capital-light

Revenue

£41.6m

Growth ▼7%

Profit

£2.8m

Growth ▲16.4%

Profit margin

6.7%

Gross 20.5%

Employees

Change ▲1.6%

Profit / employee

£44.4k

Revenue/employee £661k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£44.7m	£41.6m
Cost of sales	£38m	£33.1m
Gross profit	£6.7m	£8.6m
Operating profit	£3.6m	£4.2m
Profit before tax	£3.2m	£3.9m
Profit after tax	£2.4m	£2.8m
Profit (best available)	£2.4m	£2.8m
Staff costs	£4.3m	£3.8m
Employees (average)	62	63
Ratios
Profit margin	5.4%	6.7%
Gross margin	15%	20.5%
Revenue per employee	£722k	£661k
Profit per employee	£38.7k	£44.4k
Growth (year on year)
Revenue growth	—	▼7%
Profit growth	—	▲16.4%
Headcount growth	—	▲1.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£2.8m
Net assets	£7.5m	£10.2m
Fixed assets	£951k	£932k
Current assets	£25.1m	£23m
Debtors	£10.7m	£6.4m
Deferred income	£1m	£1.1m
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 6.7%; Profit ÷ revenue.
Gross margin: 20.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £661k; Revenue ÷ average employees.
Profit per employee: £44.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.5%; 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: ▲37%; Now £10.2m
Cash at bank: ▼2%; Now £2.8m
Headcount: ▲2%; Now 63
Deferred income: ▲8%; Now £1.1m
Fixed assets: ▼2%; Now £932k

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

Alcadon Group Ab (Publ) (registered outside the UK register)ultimate parent75–100%
Networks Centre Holding Company Limited75–100%
Networks Centre Limitedthis company

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

Sister companies (5)

Cable Centre LimitedFigures not disclosed
Communications Centre International LimitedFigures not disclosed
Networks Centre (Scotland) LimitedFigures not disclosed
Networks Centre Investments LimitedFigures not disclosed
Xsicute LimitedFigures not disclosed

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 Dec 2024 (profit £2.8m), 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.