OverviewSuggest Edit

Timico provides telecommunications, Internet, and cloud-based services in the United Kingdom. It offers managed IT and cloud services, such as cloud, colocation and hosting, collaboration and business continuity services, unified communications and voice solutions, including IP and traditional telephony, and mobile solutions. The Company also provides consultancy and professional services, connectivity services comprising Ethernet, business broadband, managed networks, network management, and network security services.
TypePrivate
Founded2004
HQNewark, GB
Websitetimico.com

Latest Updates

Employees (est.) (Jul 2021)305
Revenue (FY, 2018)£43.3 M(-14%)
Cybersecurity ratingBMore

Key People/Management at Timico

Neil Muller

Neil Muller

Chief Executive Officer
Daryl Paton

Daryl Paton

Chief Financial Officer
John Holt

John Holt

Chief Operating Officer
Paul Farrelly

Paul Farrelly

Chief Digital Officer
Victoria Marcer

Victoria Marcer

Mergers and Acquisitions Director
David Jones

David Jones

Managing Director of Corporate and SMB Markets
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Timico Office Locations

Timico has offices in Newark, London, Nottinghamshire and Telford
Newark, GB (HQ)
Brunel business park, Jessop Cl
London, GB
2-19 Lancaster Pl
Nottinghamshire, GB
Beacon Hill Office Park Cafferata Way
Telford, GB
Hortonwood 37, Donnington
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Timico Financials and Metrics

Summary Metrics

Founding Date

2004

Timico total Funding

$62.3 m

Timico latest funding size

$62.31 m

Time since last funding

5 years ago

Timico investors

Timico's latest funding round in February 2017 was reported to be $62.3 m. In total, Timico has raised $62.3 m
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Timico Revenue

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View revenue for all periods
Timico's revenue was reported to be £43.3 m in FY, 2018
GBP

Revenue (FY, 2018)

43.3m

Gross profit (FY, 2018)

21.3m

Gross profit margin (FY, 2018), %

49.1%

Net income (FY, 2018)

(970.0k)

EBIT (FY, 2018)

(1.1m)

Cash (31-Dec-2018)

651.0k
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

20.4m21.9m23.2m24.0m23.1m36.3m40.9m40.9m50.8m43.3m

Cost of goods sold

13.4m14.1m14.9m14.3m14.2m20.0m22.9m22.8m26.5m22.0m

Gross profit

7.1m7.8m8.4m9.7m8.9m16.3m17.9m18.1m24.3m21.3m

Gross profit Margin, %

35%35%36%40%39%45%44%44%48%49%
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

686.0k910.0k2.8m820.0k1.3m1.4m1.1m651.0k

Accounts Receivable

1.2m796.0k681.0k672.0k880.0k1.8m2.1m2.4m4.2m4.4m

Inventories

61.0k63.0k109.0k68.0k74.0k145.0k168.0k234.0k165.0k264.0k

Current Assets

4.8m4.4m5.9m5.0m7.8m11.6m13.5m13.9m16.4m16.9m
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash From Operating Activities

2.5m2.5m3.3m13.9m1.6m

Cash From Investing Activities

(1.6m)(8.7m)(3.2m)(3.7m)(1.9m)

Cash From Financing Activities

(28.0k)4.7m(180.0k)(9.1m)(98.0k)

Net Change in Cash

853.0k(1.5m)(42.0k)1.1m(402.0k)
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Timico Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Timico Online and Social Media Presence

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Timico News and Updates

TimiDNA Platform Now Available Along with Two Million Timicoin Giveaway

AUSTIN, Texas, Aug. 15, 2018 /PRNewswire/ -- There are three important things to know about Timicoin/TimiHealth (www.timicoin.io), the operating blockchain ecosystem listed on the LATOKEN exchange (Symbol: TMC) that's designed to empower individuals to secure, control and monetize their...

UK businesses 'woefully under-prepared' for ransomware attacks

WannaCry ransomware attack reveals worrying gap in security protection for many companies.

UK businesses 'woefully under-prepared' for ransomware attacks

WannaCry ransomware attack reveals worrying gap in security protection for many companies.

UK businesses 'woefully under-prepared' for ransomware attacks

WannaCry ransomware attack reveals worrying gap in security protection for many companies.

Timico Blogs

Fortinet accreditation recognises Digital Space as industry leader

We are delighted to announce that Digital Space has become one of just six organisations to achieve Fortinet’s Expert MSSP (Managed Security Services Provider) partner status, placing us as an industry leader across the UK. As a global leader in network and security solutions, Fortinet’s Expert MSSP…

Helping businesses stay ‘Switched On’

The PSTN Switch Off is fast approaching and at Digital Space, we are doing all we can to support both current and new customers during this momentum change. BT has announced that it will be switching off all public switched telephone network (PSTN) services by 2025. For businesses with analogue tele…

Big Sleep Out challenge raises £3,300 for charity

We are delighted to have raised more than £3,300 for homelessness charity, Newark Emmaus Trust, following our first ever Big Sleep Out event. 20 of our colleagues participated in the charity challenge on 26 August, swapping their cosy beds for sleeping bags to spend the night sleeping outside in Dig…

Sleeping Out for Newark Emmaus Trust

More than 20 of our colleagues will be participating in a Big Sleep Out challenge this month to increase awareness of homelessness and raise money for local charity, Newark Emmaus Trust. Taking place on 26 August, this is the first Big Sleep Out challenge for Digital Space and will see our people gi…

The newspace newsletter is here!

We are delighted to announce Digital Space’s brand-new newsletter, newspace! In the monthly newsletter, we will be sharing our latest updates and exciting announcements around new products and partnerships which could benefit you and your business. We will also be providing the latest advice from ou…

Digital Space strengthens UC&C offering with new strategic partnership

We are delighted to announce our new strategic partnership with 8×8, enabling us to strengthen our Unified Communications and Collaboration (UC&C) technology offering. Our partnership with 8×8, a global provider of cloud communication solutions, will further complement our existing portfolio, wh…
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Timico Frequently Asked Questions

  • When was Timico founded?

    Timico was founded in 2004.

  • Who are Timico key executives?

    Timico's key executives are Neil Muller, Daryl Paton and John Holt.

  • How many employees does Timico have?

    Timico has 305 employees.

  • What is Timico revenue?

    Latest Timico annual revenue is £43.3 m.

  • What is Timico revenue per employee?

    Latest Timico revenue per employee is £142 k.

  • Who are Timico competitors?

    Competitors of Timico include Gamma Communications, Bizbee and Uhuru.

  • Where is Timico headquarters?

    Timico headquarters is located at Brunel business park, Jessop Cl, Newark.

  • Where are Timico offices?

    Timico has offices in Newark, London, Nottinghamshire and Telford.

  • How many offices does Timico have?

    Timico has 4 offices.