Gen2 Systems Limited

Active06403282Information & communicationIncorporated 18 Oct 2007 · Birmingham

The principal activity of the company is the supply of Software as a Service (SaaS) and software services pertaining to digitisation, storage, and management of aviation records, for airlines, aircraft and engine leasing companies, Maintenance, Repair and Overhaul (MRO) organisations and Original Equipment Manufacturers (OEM). The business continues to offer technical services to clients in support of aviation records management and in particular Aircraft Transition Management (ATM).

Revenue

£12.1m

▲ +6.1% vs prior ~12m period

Profit after tax

£290k

Margin 3.1%

Employees

44

▲ +4.8% vs prior ~12m period

Net assets

£4.8m

Total assets £10.7m

Financial history

Revenue by accounting period

4 periods available · ▲ growth ▼ decline

Dec 2021
Not available
Dec 2022
£9.7m
Dec 2023
£11.4m▲ +18.0%
Dec 2024
£12.1m▲ +6.1%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024£12.1m▲ +6.1%£376k44£4.8m
31 Dec 2023£11.4m▲ +18.0%-£2042£6.5m
31 Dec 2022£9.7m—£725k45£6.4m
31 Dec 2021————£5.8m

Latest available figures

Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£12.1m
Gross profit
£8.2m
Operating profit
Not available
Profit before tax
£376k
Profit after tax
£290k

Balance sheet

Total assets
£10.7m
Cash
£4.2m
Total liabilities
£5.9m
Net assets
£4.8m
Revenue per employee
£276k

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