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.) (May 2020)291(+3%)
Revenue (FY, 2018)£43.3 M(-14%)

Key People/Management at Timico

Ben Marnham

Ben Marnham

CEO
Harry Pepper

Harry Pepper

CFO
Kevin Linsell

Kevin Linsell

Chief Technology Officer
Clodagh Murphy

Clodagh Murphy

COO
Joe Edwards

Joe Edwards

Non-Executive Director
Simon Hitchcock

Simon Hitchcock

Non-Executive Director
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Timico Office Locations

Timico has offices in Newark, London, Nottinghamshire, Telford and in 1 other location
Newark, GB (HQ)
Brunel business park, Jessop Cl
London, GB
1, Brettenham House, Lancaster Pl
Nottinghamshire, GB
Beacon Hill Office Park Cafferata Way
Telford, GB
Hortonwood 37
Winnersh, GB
E2 Eskdale Rd
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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

3 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 £43.30 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)
GBPY, 2018

Revenue/Employee

184.8k

Financial Leverage

-43.1 x
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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

CX in the Financial Services Industry

Customer Experience (CX) is becoming a major differentiator when it comes to consumer buying patterns across all industries. Traditionally, financial services have been slow to adopt digital CX and have been product led in their strategies, but with the rise of the challenger bank, putting more pres…

4 days, 700 sessions and 18,000 delegates, Cisco Live 2020 marked the start of a new decade with some intriguing insight into the future of networks and the Internet.

Boiling this down into the clear themes and learnings is a considerable challenge given the breadth and depth of the subjects being addressed, however here are the ‘Top Five’ takeaways from us here at Timico.   The worlds of operational technology (OT) and information technology (IT) are more intert…

My journey through the TUPE process – I wasn’t just part of a tick box exercise

The purpose of TUPE (Transfer of Undertakings – Protection of Employment) is to protect employees if a business in which they are employed by, changes hands; I know this well because I have been through the TUPE process several times throughout my career, and previously it’s always felt much like a …

MFG

A long-standing relationship Converged managed services platform Timico has been working with Motor Fuel Group (MFG) – the largest independent forecourt operator in the UK – for over seven years. MFG has over 370 stations, operating under BP, Shell, Texaco and JET fuel – and continually makes improv…

Royal Society of Chemistry

With 54,000 members spanning the globe, The Royal Society of Chemistry is an internationally renowned not-for-profit publishing and knowledge business and has a reputation as an influential champion. The Situation The Royal Society of Chemistry’s (RSC) previous local area network (LAN) infrastructur…
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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 Ben Marnham, Harry Pepper and Kevin Linsell.

  • How many employees does Timico have?

    Timico has 291 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 £148.8 k.

  • Who are Timico competitors?

    Competitors of Timico include Gamma Communications, SAP Sales Cloud and Soma Technology Group.

  • 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, Telford and in 1 other location.

  • How many offices does Timico have?

    Timico has 5 offices.