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Company No. 07915684 · Incorporated 19 Jan 2012

Sim Local (UK) Ltd

Registered name: SIM LOCAL (UK) LTD

Part of Sim Local (Ireland) Limited group

Sim 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.

Full P&L filedSection J · Information and communicationSIC 61200Wireless telecommunications activities
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.”

Latest accounts · year to 30 Nov 2024

Key figures

Capital-lightCash flow filed
Revenue
£12.6m
Growth ▼2.6%
Profit
£79.6k
Growth ▲14%
Profit margin
0.6%
Gross 39.8%
Employees
67
Change ▲8.1%
Profit / employee
£1.2k
Revenue/employee £189k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Nov 202130 Nov 202230 Nov 202330 Nov 2024
DisclosureNo P&LNo P&LFull P&Lread from filing textFull 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)28466267
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
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Jun 2026
Derived from the latest filing

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.
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
▲5%
Now £1.6m
Cash at bank
▲28%
Now £350k
Headcount
▲8%
Now 67
Deferred income
—
Now —
Fixed assets
▼24%
Now £442k
Corporate ownership

Group structure

Ownership chain

  1. Sim Local (Ireland) Limited (registered outside the UK register)ultimate parent75–100%
  2. 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.