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Company No. 02678057 · Incorporated 16 Jan 1992

Doherty IT Solutions Ltd

Registered name: DOHERTY IT SOLUTIONS LTD

Doherty IT Solutions Ltd made £14.6m revenue and £1.2m profit in the year to 31 Dec 2025.

Doherty IT Solutions Ltd’s revenue grew 13% to £14.6m in the year to 31 Dec 2025, with £1.2m profit and 62 employees. The company is classified under “other information technology service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities
Status
Active
Location
London, London
Age
34 yrs · since 1992
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightOperating leverageCash flow filed
Revenue
£14.6m
Growth ▲12.9%
Profit
£1.2m
Growth ▲167.3%
Profit margin
7.9%
Gross 26.4%
Employees
62
Change 0%
Profit / employee
£18.7k
Revenue/employee £235k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£11.2m£11.5m£12.9m£14.6m
Cost of sales£9.1m£8.9m£9.9m£10.7m
Gross profit£2.1m£2.6m£3m£3.9m
Operating profit£540k£338k£506k£1.6m
Profit before tax£532k£332k£510k£1.6m
Profit after tax£659k£331k£433k£1.2m
Profit (best available)£659k£331k£433k£1.2m
Staff costs£4.8m£4.4m£4.9m£5.1m
Employees (average)66576262
Ratios
Profit margin5.9%2.9%3.4%7.9%
Gross margin18.8%22.6%23.2%26.4%
Revenue per employee£170k£202k£208k£235k
Profit per employee£10k£5.8k£7k£18.7k
Cash conversion226.8%168.2%110%116.6%
Growth (year on year)
Revenue growth—▲2.6%▲12.2%▲12.9%
Profit growth—▼49.8%▲30.9%▲167.3%
Headcount growth—▼13.6%▲8.8%0%
Balance sheet — indirect signals, not revenue
Cash at bank£1.8m£1.7m£1.9m£3.1m
Net assets£1.7m£1.6m£1.7m£2.5m
Fixed assets£568k£567k£525k£589k
Current assets£4.2m£3.9m£3.6m£6m
Debtors£1.8m£1.5m£1.1m£1.9m
Deferred income£1.5m£1.5m£713k£1.7m
Cash from operations£1.2m£569k£557k£1.9m
SourceAccounts · bulk data Sep 2024Accounts · bulk data Sep 2024FullAccounts · bulk data Jul 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
7.9%
Profit ÷ revenue.
Gross margin
26.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£235k
Revenue ÷ average employees.
Profit per employee
£18.7k
Profit ÷ average employees.
Cash conversion
116.6%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
11.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12.9%
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
▲52%
Now £2.5m
Cash at bank
▲68%
Now £3.1m
Headcount
0%
Now 62
Deferred income
▲133%
Now £1.7m
Fixed assets
▲12%
Now £589k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.2m), from the Companies House accounts bulk data published Jul 2026. 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.