£4.76m
−26%vs Dec 2023Active06403282Private limited companyBirmingham
GEN2 SYSTEMS LIMITED
B67/10001
Summary
GEN2 SYSTEMS LIMITED is an active private limited company (company number 06403282) incorporated on 18 October 2007, registered in Birmingham. Its registered activity is business and domestic software development (SIC 62012). Latest full accounts cover the period ending 31 December 2024, showing net assets of £4.76m and cash of £4.16m, with 44 employees on average. Turnover was £12.12m and profit for the year £290k. Net assets fell 26% on the prior period (£6.47m).
Peer position · net assets
By net assets it sits in the top quarter of 1,282 comparable companies in Birmingham (median £585, upper quartile £26k).
02
Key dates
- Incorporated
- 18 October 200719 yrs ago
- Next accounts due
- 30 September 202622 days overdue
- Confirmation statement due
- 1 November 2026in 10 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 62012
- Business and domestic software development
- SIC 62090
- Other information technology service activities
- Accounts type
- Full
- Size band
- SmallCompanies Act thresholds
04
Financials
£4.16m
+17%vs Dec 2023£12.12m
+6%vs Dec 202344
+5%vs Dec 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £4.76m | £4.16m | £2.53m | £4.86m | £12.12m | £290k | 44 |
| 31 December 2023 | £6.47m | £3.56m | £2.96m | £4.01m | £11.43m | £59k | 42 |
| 31 December 2022 | — | — | — | — | — | — | — |
Current ratio2.2Comfortable
Net margin2.4%Profit for the year ÷ turnover
Cash per employee£94kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
67 / 100 · grade B
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £4,756,206 at 2024-12-31 |
| −8 | Net assets falling-26.4% vs prior period |
| +8 | Comfortable liquidityCurrent ratio 2.2 |
| +4 | Cash reservesCash £4,156,633 |
| +5 | Multi-year filing history3 periods on record |
| +8 | EstablishedIncorporated 2007-10-18 (19 years) |
| −10 | Accounts overdueDue 2026-09-30 |
| 67 | Score, grade B |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Flydocs Systems Limited
- owns 75–100% of shares
- holds 75–100% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 10 days
- Next accounts due22 days overdue
- Accounts period endNet assets £4.76m · full accounts
- Accounts period endNet assets £6.47m · full accounts
- Accounts period end
- Incorporated
08
Similar companies in Birmingham
- INLIFE DESIGN LTD.Halesowen · inc. Oct 2007
- ULOGIX LIMITEDSutton Coldfield · inc. Oct 2007
- SYAMA LIMITEDBirmingham · inc. Nov 2007
- N-CUBIC LIMITEDWolverhampton · inc. Nov 2007
- CRONUS SOLUTIONS LIMITEDSolihull · inc. Nov 2007
- GRUSS SOFTWARE LTDBirmingham · inc. Nov 2007
All companies incorporated on 18 October 2007 · in Oct 2007.
09
Reminders for GEN2 SYSTEMS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.