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.
- Status
- Active
- Location
- London, London
- Age
- 34 yrs · since 1992
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 66 | 57 | 62 | 62 |
| Ratios | ||||
| Profit margin | 5.9% | 2.9% | 3.4% | 7.9% |
| Gross margin | 18.8% | 22.6% | 23.2% | 26.4% |
| Revenue per employee | £170k | £202k | £208k | £235k |
| Profit per employee | £10k | £5.8k | £7k | £18.7k |
| Cash conversion | 226.8% | 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 |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
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.
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
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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.