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Tecosim Limited

03729504

active
ltd
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

22 Seax Court, Southfields Industrial Park, Basildon, SS15 6SL
Incorporated 10/03/1999

Previously known as

Tecosim-Technical Simulation Limited · until 03/11/2023

Compliance

Last accounts

31/12/2024

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 06/10/2025

Due 20/10/2026

On track

Industry

71129
Other engineering activities

Officers

Stuart Robert Hawker

director · Since 01/06/2005

British · United Kingdom · Age 56

Stuart Robert Hawker

secretary · Since 31/10/2007

British

Former

Juergen Veith

director · Resigned 01/09/2020

Udo Jankowski

director · Resigned 21/04/2026

Persons with Significant Control

Hinduja Automotive Limited

25–50% shares
25–50% votes

12, Charles Ii Street, London, SW1Y 4QU

Reg: 00159177 · Registrar Of Companies (England And Wales) · Private Limited Company

Notified 20/02/2026

Former PSCs

Mind Venture Ag

Ceased 01/07/2022

Tecosim Group Gmbh

Ceased 31/12/2024

Change History

statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line122 Seax Court
2026-06-04

22 SEAX COURT

post townBasildon
2026-06-04

BASILDON

CompanyRankvs 1092+ SIC 71129 peers
72

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.43× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£16.1M

Annual revenue

Net Worth

£1.2M

Balance sheet strength

Cash

£98k

Cash in the bank

Profit Before Tax

£450k

Bottom line earnings

Net Current Assets

£1.1M

Working capital

Current Assets

£3.7M

Current Liabilities

£2.6M

Fixed Assets

£93k

Debtors

£3.6M

Cost of Sales

£14.2M

Gross Profit

£1.9M

Admin Expenses

£1.4M

Operating Profit

£409k

Profit After Tax

£395k

83avg. employees+1

People Costs(2023)

Wages & salaries£4.1M
NI contributions£475k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.43+£395k
20231.22

Derived from filed accounts. Not audited figures.