How much does Turnkey Computer Technology Limited make?

Turnkey Computer Technology Limited reported revenue of £8.4m and £2.4m profit in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does Turnkey Computer Technology Limited have?

Turnkey Computer Technology Limited reported an average of 70 employees in the year to 30 Jun 2025.

Is Turnkey Computer Technology Limited profitable?

Yes — Turnkey Computer Technology Limited reported a profit of £2.4m in the year to 30 Jun 2025.

Company No. SC072426 · Incorporated 25 Aug 1980

Turnkey Computer Technology Limited

Registered name: TURNKEY COMPUTER TECHNOLOGY LIMITED

Part of Bowmark Capital LLP group

Turnkey Computer Technology Limited made £8.4m revenue and £2.4m profit in the year to 30 Jun 2025.

Turnkey Computer Technology Limited’s revenue grew 16% to £8.4m in the year to 30 Jun 2025, with £2.4m profit and 70 employees. The company is classified under “business and domestic software development” and is based in Glasgow; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 62020Information technology consultancy activities

Status: Active
Location: Glasgow, Scotland
Age: 46 yrs · since 1980
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.

Latest accounts · year to 30 Jun 2025

Key figures

Cash flow filed

Revenue

£8.4m

Growth ▲16.2%

Profit

£2.4m

Growth ▲6%

Profit margin

28.5%

Gross 59.9%

Employees

Change ▲27.3%

Profit / employee

£34.1k

Revenue/employee £120k

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 to	30 Jun 2022	30 Jun 2023	30 Jun 2024	30 Jun 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£7.2m	£8.4m
Cost of sales	—	—	£2.6m	£3.4m
Gross profit	—	—	£4.6m	£5m
Operating profit	—	—	£2.4m	£2m
Profit before tax	—	—	£2.7m	£2.1m
Profit after tax	—	—	£2.3m	£2.4m
Profit (best available)	—	—	£2.3m	£2.4m
Staff costs	—	—	£3.9m	£4.8m
Employees (average)	38	50	55	70
Ratios
Profit margin	—	—	31.2%	28.5%
Gross margin	—	—	63.6%	59.9%
Revenue per employee	—	—	£131k	£120k
Profit per employee	—	—	£41k	£34.1k
Cash conversion	—	—	−151.6%	−120.3%
Growth (year on year)
Revenue growth	—	—	—	▲16.2%
Profit growth	—	—	—	▲6%
Headcount growth	—	▲31.6%	▲10%	▲27.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.1m	£3.7m	£1.1m	£3.6m
Net assets	£151k	£151k	£151k	£2.5m
Fixed assets	£3.3m	£4.2m	£5.2m	£5.6m
Current assets	£3.4m	£8.5m	£3.9m	£6m
Debtors	£309k	£464k	£652k	£528k
Deferred income	—	—	£530k	£816k
Cash from operations	—	—	−£3.6m	−£2.5m
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 28.5%; Profit ÷ revenue.
Gross margin: 59.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £120k; Revenue ÷ average employees.
Profit per employee: £34.1k; Profit ÷ average employees.
Cash conversion: −120.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 67%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 9.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.3%; 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: ▲1582%; Now £2.5m
Cash at bank: ▲224%; Now £3.6m
Headcount: ▲27%; Now 70
Deferred income: ▲54%; Now £816k
Fixed assets: ▲8%; Now £5.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Bowmark Capital LLPultimate parent75–100%
Bowmark Capital (Holdings) Limited75–100%
Bowmark Capital Partners GP Limited75–100%
Bowmark Growth GP LLP50–75%
Goodwood (Topco) Limited75–100%
Goodwood (Midco 1) Limited75–100%
Goodwood (Midco 2) Limited75–100%
Goodwood (Bidco) Limited75–100%
Turnkey (Global) Limited75–100%
Turnkey Computer Technology Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

The Turnkey Group LimitedFigures not disclosed
Turnkey Holdings (Scotland) LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £2.4m), from the Companies House accounts bulk data published Mar 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.