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Company No. 06403282 · Incorporated 18 Oct 2007

GEN2 Systems Limited

Registered name: GEN2 SYSTEMS LIMITED

Part of Deutsche Lufthansa Ag group

GEN2 Systems Limited made £13.8m revenue and £221k profit in the year to 31 Dec 2025.

GEN2 Systems Limited’s revenue grew 14% to £13.8m in the year to 31 Dec 2025, with £221k profit and 42 employees. The company is classified under “business and domestic software development” and is based in Birmingham; we hold 4 years of its filed accounts.

Status
Active
Location
Birmingham, West Midlands
Age
18 yrs · since 2007
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. From the filing: “Flydocs Systems Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightDoing more with less
Revenue
£13.8m
Growth ▲13.6%
Profit
£221k
Growth ▼23.8%
Profit margin
1.6%
Gross 64.6%
Employees
42
Change ▼4.5%
Profit / employee
£5.3k
Revenue/employee £328k
Profitable streak
4yrs
Consecutive profitable years in our data

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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£9.7m£11.4m£12.1m£13.8m
Cost of sales£3.5m£3.9m£4m£4.9m
Gross profit£6.2m£7.5m£8.2m£8.9m
Operating profit£906k£255k——
Profit before tax£725k−£20£376k£350k
Profit after tax£613k£59.5k£290k£221k
Profit (best available)£613k£59.5k£290k£221k
Staff costs£2.8m£3.3m£3.8m£3.7m
Employees (average)45424442
Ratios
Profit margin6.3%0.5%2.4%1.6%
Gross margin63.9%65.6%67.4%64.6%
Revenue per employee£215k£272k£276k£328k
Profit per employee£13.6k£1.4k£6.6k£5.3k
Growth (year on year)
Revenue growth—▲18%▲6.1%▲13.6%
Profit growth—▼90.3%▲387.9%▼23.8%
Headcount growth—▼6.7%▲4.8%▼4.5%
Balance sheet — indirect signals, not revenue
Cash at bank£6m£3.6m£4.2m£2.8m
Net assets£6.4m£6.5m£4.8m£2.7m
Fixed assets£41.9k£33.1k£23k£13.8k
Current assets£10.2m£11.5m£10.7m£6.9m
Debtors£2.5m£3m£2.5m£2.5m
SourceAccounts · bulk data Sep 2024Accounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
1.6%
Profit ÷ revenue.
Gross margin
64.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£328k
Revenue ÷ average employees.
Profit per employee
£5.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
18.2%
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
▼43%
Now £2.7m
Cash at bank
▼32%
Now £2.8m
Headcount
▼5%
Now 42
Deferred income
—
Now —
Fixed assets
▼40%
Now £13.8k
Corporate ownership

Group structure

Ownership chain

  1. Deutsche Lufthansa Ag (registered outside the UK register)ultimate parent75–100%
  2. Flydocs Systems Limited75–100%
  3. GEN2 Systems 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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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £221k), from the Companies House accounts bulk data published Sep 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.