How much does Newcomm Technology Ltd make?

Newcomm Technology Ltd reported revenue of £1.5m and £837k profit in the year to 30 Sep 2022, according to its accounts filed at Companies House.

How many employees does Newcomm Technology Ltd have?

Newcomm Technology Ltd reported an average of 1 employee in the year to 30 Sep 2022.

Is Newcomm Technology Ltd profitable?

Yes — Newcomm Technology Ltd reported a profit of £837k in the year to 30 Sep 2022.

Company No. 09777499 · Incorporated 15 Sep 2015

Newcomm Technology Ltd

Registered name: NEWCOMM TECHNOLOGY LTD

Newcomm Technology Ltd made £1.5m revenue and £837k profit in the year to 30 Sep 2022.

Newcomm Technology Ltd’s revenue grew 221% to £1.5m in the year to 30 Sep 2022, with £837k profit and 1 employee. The company is classified under “other telecommunications activities” and is based in Birmingham; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 61900Other telecommunications activities

Status: Active - Proposal to Strike off
Location: Birmingham, West Midlands
Age: 11 yrs · since 2015
Type: Private Limited Company

Latest accounts · year to 30 Sep 2022

Key figures

IndependentSmall teamCapital-lightOperating leverage

Revenue

£1.5m

Growth ▲220.6%

Profit

£837k

Growth ▲92364%

Profit margin

56.3%

Gross 80.5%

Employees

Change 0%

Profit / employee

£837k

Revenue/employee £1.5m

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2021	30 Sep 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£464k	£1.5m
Cost of sales	£307k	£290k
Gross profit	£157k	£1.2m
Operating profit	£905	£1m
Profit before tax	£905	£1m
Profit after tax	£905	£837k
Profit (best available)	£905	£837k
Employees (average)	1	1
Ratios
Profit margin	0.2%	56.3%
Gross margin	33.8%	80.5%
Revenue per employee	£464k	£1.5m
Profit per employee	£905	£837k
Growth (year on year)
Revenue growth	—	▲220.6%
Profit growth	—	▲92364%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£47.2k	£441k
Net assets	£4k	£841k
Fixed assets	£70.8k	£70.8k
Current assets	£48.7k	£1m
Debtors	£1.4k	£364k
Source	Accounts · bulk data Aug 2024	Accounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: 56.3%; Profit ÷ revenue.
Gross margin: 80.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.5m; Revenue ÷ average employees.
Profit per employee: £837k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 24.5%; 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: ▲21115%; Now £841k
Cash at bank: ▲834%; Now £441k
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: 0%; Now £70.8k

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Sep 2022 (profit £837k), from the Companies House accounts bulk data published Aug 2024. 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.