Flydocs Systems (Topco) Limited
Registered name: FLYDOCS SYSTEMS (TOPCO) LIMITED
Part of Deutsche Lufthansa Ag groupFlydocs Systems (Topco) Limited made £12.1m revenue and £1.7m profit in the year to 31 Dec 2024.
Flydocs Systems (Topco) Limited’s revenue grew 6% to £12.1m in the year to 31 Dec 2024, with £1.7m profit and 320 employees. The company is classified under “activities of head offices” and is based in Birmingham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Birmingham, West Midlands
- Age
- 11 yrs · since 2014
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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: “Lufthansa Technik AG”
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 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £9.7m | £11.4m | £12.1m |
| Cost of sales | £3.3m | £3.5m | £2.9m |
| Gross profit | £6.4m | £7.9m | £9.2m |
| Operating profit | £1.1m | £741k | £1.2m |
| Profit before tax | £1m | £593k | £1.1m |
| Profit after tax | −£2.4k | −£1.6k | £1.7m |
| Profit (best available) | −£2.4k | −£1.6k | £1.7m |
| Staff costs | £5.1m | £6m | £6.8m |
| Employees (average) | 302 | 347 | 320 |
| Ratios | |||
| Profit margin | 0% | 0% | 14.4% |
| Gross margin | 65.9% | 69.5% | 76% |
| Revenue per employee | £32.1k | £32.9k | £37.8k |
| Profit per employee | −£8 | −£5 | £5.4k |
| Cash conversion | 15.5% | 94.4% | 209.2% |
| Growth (year on year) | |||
| Revenue growth | — | ▲18% | ▲5.9% |
| Headcount growth | — | ▲14.9% | ▼7.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £7m | £4.5m | £5.3m |
| Net assets | £5.1m | £5.1m | £5.5m |
| Fixed assets | £380k | £230k | £127k |
| Current assets | £11.4m | £10.3m | £9.7m |
| Debtors | £2.5m | £3m | £4.4m |
| Cash from operations | £173k | £700k | £2.5m |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 14.4%
- Profit ÷ revenue.
- Gross margin
- 76%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £37.8k
- Revenue ÷ average employees.
- Profit per employee
- £5.4k
- Profit ÷ average employees.
- Cash conversion
- 209.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 36.2%
- 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
- ▲9%
- Now £5.5m
- Cash at bank
- ▲16%
- Now £5.3m
- Headcount
- ▼8%
- Now 320
- Deferred income
- —
- Now —
- Fixed assets
- ▼45%
- Now £127k
Group structure
Ownership chain
- Deutsche Lufthansa Ag (registered outside the UK register)ultimate parent75–100%
- Flydocs Systems (Topco) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Flydocs Systems (Midco) LimitedRev. £148k · Profit £1.8m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.7m), 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.