Ddcap Limited
Registered name: DDCAP LIMITED
Part of Ipgl (Holdings) Limited groupDdcap Limited made £16.4m revenue and £5.7m profit in the year to 31 Mar 2025.
Ddcap Limited’s revenue grew 21% to £16.4m in the year to 31 Mar 2025, with £5.7m profit and 39 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 21 yrs · since 2005
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £12.1m | £13.5m | £16.4m |
| Cost of sales | −£886k | −£1.1m | −£1.4m |
| Gross profit | £11.2m | £12.4m | £15.1m |
| Operating profit | £4.6m | £5.6m | £7.5m |
| Profit before tax | £3.5m | £5.6m | £7.6m |
| Profit after tax | £2.6m | £4.3m | £5.7m |
| Profit (best available) | £2.6m | £4.3m | £5.7m |
| Employees (average) | 39 | 37 | 39 |
| Ratios | |||
| Profit margin | 21.4% | 31.5% | 34.7% |
| Gross margin | 92.7% | 91.8% | 91.6% |
| Revenue per employee | £311k | £366k | £421k |
| Profit per employee | £66.5k | £115k | £146k |
| Growth (year on year) | |||
| Revenue growth | — | ▲11.7% | ▲21.4% |
| Profit growth | — | ▲64.2% | ▲34% |
| Headcount growth | — | ▼5.1% | ▲5.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 34.7%
- Profit ÷ revenue.
- Gross margin
- 91.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £421k
- Revenue ÷ average employees.
- Profit per employee
- £146k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲5%
- Now 39
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Ipgl (Holdings) Limitedultimate parent75–100%
- Ipgl Limited50–75%
- Ddcap Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Dd&co LimitedFigures not disclosed
- Ddgi LimitedFigures not disclosed
- Ethos Exchange LimitedFigures not disclosed
Sister companies (11)
- Epworth Trading LtdFigures not disclosed
- Faro Capital LimitedFigures not disclosed
- Ipgl No. 12 LLPFigures not disclosed
- Ipgl NO.1 LtdFigures not disclosed
- Ipgl NO.11 LtdFigures not disclosed
- Ipgl NO.16 LtdFigures not disclosed
- Ipgl NO.17 LtdFigures not disclosed
- Ipgl NO.4 LtdFigures not disclosed
- Ipgl NO.7 LtdFigures not disclosed
- P1 Ipgl LimitedFigures not disclosed
- Tellimer Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £5.7m), from the Companies House accounts bulk data published Dec 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.