Sim Local (UK) Ltd
Registered name: SIM LOCAL (UK) LTD
Part of Sim Local (Ireland) Limited groupSim Local (UK) Ltd made £12.6m revenue and £79.6k profit in the year to 30 Nov 2024. read from filing text
Sim Local (UK) Ltd’s revenue fell 3% to £12.6m in the year to 30 Nov 2024, with £79.6k profit and 67 employees. The company is classified under “wireless telecommunications activities” and is based in Newmarket; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Newmarket, East of England
- Age
- 14 yrs · since 2012
- 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: “The controlling party is Sim Local (Ireland) Limited.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2021 | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £13m | £12.6m |
| Cost of sales | — | — | £7.7m | £7.6m |
| Gross profit | — | — | £5.3m | £5m |
| Operating profit | — | — | £90.6k | £132k |
| Profit before tax | — | — | £84.5k | £126k |
| Profit after tax | — | — | £69.8k | £79.6k |
| Profit (best available) | — | — | £69.8k | £79.6k |
| Employees (average) | 28 | 46 | 62 | 67 |
| Ratios | ||||
| Profit margin | — | — | 0.5% | 0.6% |
| Gross margin | — | — | 40.8% | 39.8% |
| Revenue per employee | — | — | £209k | £189k |
| Profit per employee | — | — | £1.1k | £1.2k |
| Cash conversion | — | — | −34.5% | −91.9% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼2.6% |
| Profit growth | — | — | — | ▲14% |
| Headcount growth | — | ▲64.3% | ▲34.8% | ▲8.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £251k | £765k | £272k | £350k |
| Net assets | £1.4m | £1.5m | £1.6m | £1.6m |
| Fixed assets | £236k | £290k | £579k | £442k |
| Current assets | £2m | £2.8m | £2.7m | £2m |
| Debtors | £485k | £592k | £353k | £267k |
| Cash from operations | — | — | −£31.3k | −£122k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 0.6%
- Profit ÷ revenue.
- Gross margin
- 39.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £189k
- Revenue ÷ average employees.
- Profit per employee
- £1.2k
- Profit ÷ average employees.
- Cash conversion
- −91.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.1%
- 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
- ▲5%
- Now £1.6m
- Cash at bank
- ▲28%
- Now £350k
- Headcount
- ▲8%
- Now 67
- Deferred income
- —
- Now —
- Fixed assets
- ▼24%
- Now £442k
Group structure
Ownership chain
- Sim Local (Ireland) Limited (registered outside the UK register)ultimate parent75–100%
- Sim Local (UK) Ltdthis 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 30 Nov 2024 (profit £79.6k), from the Companies House accounts bulk data published Jun 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.