How much does Ergo UK Specialty Limited make?

Ergo UK Specialty Limited reported revenue of £40.7m and a loss of £702k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Ergo UK Specialty Limited have?

Ergo UK Specialty Limited reported an average of 54 employees in the year to 31 Dec 2023.

Is Ergo UK Specialty Limited profitable?

No — Ergo UK Specialty Limited reported a loss of £702k in the year to 31 Dec 2023.

Company No. 04516776 · Incorporated 22 Aug 2002

Ergo UK Specialty Limited

Registered name: ERGO UK SPECIALTY LIMITED

Ergo UK Specialty Limited made £40.7m revenue and a £702k loss in the year to 31 Dec 2023.

Ergo UK Specialty Limited’s revenue grew 179% to £40.7m in the year to 31 Dec 2023, with a loss of £702k and 54 employees. The company is classified under “activities of insurance agents and brokers” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 66220Activities of insurance agents and brokers

Status: Active
Location: London, London
Age: 24 yrs · since 2002
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-light

Revenue

£40.7m

Growth ▲179.4%

Profit

−£702k

Growth ▼216.3%

Profit margin

−1.7%

Gross 100%

Employees

Change ▲14.9%

Profit / employee

−£13k

Revenue/employee £755k

Profitable streak

0yrs

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 to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£8.4m	£14.6m	£40.7m
Cost of sales	—	£0	£0
Gross profit	£8.4m	£14.6m	£40.7m
Operating profit	£558k	£761k	−£150k
Profit before tax	£558k	£761k	£54k
Profit after tax	£430k	£603k	−£702k
Profit (best available)	£430k	£603k	−£702k
Employees (average)	39	47	54
Ratios
Profit margin	5.1%	4.1%	−1.7%
Gross margin	100%	100%	100%
Revenue per employee	£216k	£310k	£755k
Profit per employee	£11k	£12.8k	−£13k
Growth (year on year)
Revenue growth	—	▲73.1%	▲179.4%
Profit growth	—	▲40.2%	▼216.3%
Headcount growth	—	▲20.5%	▲14.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£12.1m	£12.6m	£28.4m
Net assets	£2.4m	£3m	£2.3m
Fixed assets	£173k	£216k	£123k
Current assets	£13.3m	£16.1m	£42.2m
Debtors	£1.2m	£3.5m	£13.9m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Mar 2025

Derived from the latest filing

How the business works

Profit margin: −1.7%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £755k; Revenue ÷ average employees.
Profit per employee: −£13k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 34%; 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: ▼23%; Now £2.3m
Cash at bank: ▲125%; Now £28.4m
Headcount: ▲15%; Now 54
Deferred income: —; Now —
Fixed assets: ▼43%; Now £123k

Corporate ownership

Group structure

Subsidiaries (3)

Dutch Digital Systems LimitedFigures not disclosed
MPL Claims Management LtdFigures not disclosed
MPL Legal Services LtdFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£702k), from the Companies House accounts bulk data published Mar 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.