GEN2 Systems Limited
Registered name: GEN2 SYSTEMS LIMITED
Part of Deutsche Lufthansa Ag groupGEN2 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”
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 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 45 | 42 | 44 | 42 |
| Ratios | ||||
| Profit margin | 6.3% | 0.5% | 2.4% | 1.6% |
| Gross margin | 63.9% | 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 |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
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.
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
Group structure
Ownership chain
- Deutsche Lufthansa Ag (registered outside the UK register)ultimate parent75–100%
- Flydocs Systems Limited75–100%
- 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).
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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.