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Company No. 02004364 · Incorporated 26 Mar 1986

2 Heads Global Design Limited

Registered name: 2 HEADS GLOBAL DESIGN LIMITED

Part of Ges UK Holdings Limited group

2 Heads Global Design Limited made £26.4m revenue and £1.9m profit in the year to 31 Jul 2024.

2 Heads Global Design Limited’s revenue grew 40% to £26.4m in the year to 31 Jul 2024, with £1.9m profit and 80 employees. The company is classified under “specialised design activities” and is based in Marlow; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74100specialised design activities
Status
Active
Location
Marlow, South East
Age
40 yrs · since 1986
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Jul 2024

Key figures

Capital-light
Revenue
£26.4m
Growth ▲40.2%
Profit
£1.9m
Growth ▲11.4%
Profit margin
7.2%
Gross 37.6%
Employees
80
Change ▲19.4%
Profit / employee
£23.7k
Revenue/employee £330k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jul 202231 Jul 202331 Jul 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£20.1m£18.8m£26.4m
Cost of sales£14m£11.3m£16.5m
Gross profit£6.1m£7.5m£9.9m
Operating profit£2.2m£2.1m£2.4m
Profit before tax£2.1m£2m£2.4m
Profit after tax£1.8m£1.7m£1.9m
Profit (best available)£1.8m£1.7m£1.9m
Staff costs£3.8m£3.2m£4.9m
Employees (average)556780
Ratios
Profit margin8.8%9%7.2%
Gross margin30.3%39.9%37.6%
Revenue per employee£365k£281k£330k
Profit per employee£32.3k£25.4k£23.7k
Growth (year on year)
Revenue growth—▼6.2%▲40.2%
Profit growth—▼4%▲11.4%
Headcount growth—▲21.8%▲19.4%
Balance sheet — indirect signals, not revenue
Cash at bank£3.2m£1.7m£4.3m
Net assets£5m£3.1m£4.7m
Fixed assets£159k£89.8k£111k
Current assets£14.9m£9.2m£17.1m
Debtors£4.2m£3m£3.5m
Deferred income£3.3m£2.8m£2.9m
SourceFullAccounts · bulk data Apr 2024FullAccounts · bulk data Apr 2024FullAccounts · bulk data Apr 2025
Derived from the latest filing

How the business works

Profit margin
7.2%
Profit ÷ revenue.
Gross margin
37.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£330k
Revenue ÷ average employees.
Profit per employee
£23.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
11%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
13.3%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲53%
Now £4.7m
Cash at bank
▲152%
Now £4.3m
Headcount
▲19%
Now 80
Deferred income
▲2%
Now £2.9m
Fixed assets
▲24%
Now £111k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Ges UK Holdings Limitedultimate parent75–100%
  2. Spiro UK Division Limited75–100%
  3. 2 Heads Global Holdings Limited75–100%
  4. 2 Heads Global Design Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Jul 2024 (profit £1.9m), from the Companies House accounts bulk data published Apr 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.