THORCOM SYSTEMS LIMITED - Profile & Financials

Accounts Submitted 30 Jul 2025

Confirmation Statement Submitted 8 Apr 2025

Net assets £-261.00 £177.00 2024 year on year

Total assets £0.00 £307.00 2024 year on year

Total Liabilities £428.00 £37.00 2024 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

Unit 4 96b Blackpole Trading Estate West, Worcester WR3 8TJ

Telephone

0190 575 6700

domains@thorcom.co.uk

Website

thorcom.uk

Credit Report

Discover THORCOM SYSTEMS LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£62.00

Decreased by £54.00 (-47%)

Net Assets

-£261.00

Decreased by £177.00 (-211%)

Total Liabilities

£428.00

Increased by £37.00 (+9%)

Turnover

N/A

Employees

Decreased by 1 (-8%)

Debt Ratio

N/A

Decreased by 127 (-100%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

5 active 5 resigned

Show resigned officers

						Status
Andrew Peter Woodhall	Director	British	England	61	16 Dec 2021	Active
Michael John Tubby	Director	British	England	61	14 Apr 1992	Active
Peter Louis Burridge	Director	British	England	69	16 Dec 2021	Active
Philip Edward Williams	Director	British	England	57	16 Dec 2021	Active
Simon Peter Clifton	Director	British	England	56	2 Mar 1998	Active

Shareholders

Shareholders (3)


Team Telecommunications Group Limited	100.0%	2,000	Ordinary	8 Apr 2025
Simon Peter Clifton	0.0%	0	Ordinary	8 Apr 2025
Michael John Tubby	0.0%	0	Ordinary	8 Apr 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

Team Telecommunications Group Limited

United Kingdom

Active

Notified 16 Dec 2021

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Michael John Tubby

Ceased 16 Dec 2021

Ceased

Simon Peter Clifton

Ceased 16 Dec 2021

Ceased

See All Controllers

Group Structure

TEAM TELECOMMUNICATIONS GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

TTG GLOBAL SOLUTIONS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

TTG GLOBAL SOLUTIONS GROUP LIMITED united kingdom

THORCOM SYSTEMS LIMITED Current Company

TSS SYSTEMS LTD united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

TST SYSTEMS LIMITED united kingdom shares 25 to 50 percent

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
30 Jul 2025	Accounts	Annual accounts made up to 2024-10-31	View(15 pages)
8 Apr 2025	Confirmation Statement	Confirmation statement made on 2025-04-07 with updates	View(4 pages)
2 Feb 2025	Officers	Termination of Mike Norfield as director on 2025-01-26	View(1 page)
26 Jul 2024	Accounts	Annual accounts made up to 2023-10-31	View(16 pages)
11 Apr 2024	Confirmation Statement	Confirmation statement made on 2024-04-07 with no updates	View(3 pages)