How much does Digital River UK Limited make?

Digital River UK Limited reported revenue of £4.5m and £155k profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Digital River UK Limited have?

Digital River UK Limited reported an average of 26 employees in the year to 31 Dec 2022.

Is Digital River UK Limited profitable?

Yes — Digital River UK Limited reported a profit of £155k in the year to 31 Dec 2022.

Company No. 05788465 · Incorporated 20 Apr 2006

Digital River UK Limited

Registered name: DIGITAL RIVER UK LIMITED

Part of Digital River UK Holdings I Ltd group

Digital River UK Limited made £4.5m revenue and £155k profit in the year to 31 Dec 2022.

Digital River UK Limited’s revenue grew 26% to £4.5m in the year to 31 Dec 2022, with £155k profit and 26 employees. The company is classified under “other information technology service activities” and is based in Birmingham; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Liquidation
Location: Birmingham, West Midlands
Age: 20 yrs · since 2006
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 Dec 2022

Key figures

Capital-light

Revenue

£4.5m

Growth ▲26.3%

Profit

£155k

Growth ▼5.3%

Profit margin

3.5%

Gross 47%

Employees

Change 0%

Profit / employee

£6k

Revenue/employee £172k

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 to	31 Dec 2020	31 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.6m	£3.6m	£4.5m
Cost of sales	£0	£728k	£2.4m
Gross profit	£2.6m	£2.8m	£2.1m
Operating profit	£186k	£230k	£191k
Profit before tax	£186k	£230k	£191k
Profit after tax	£152k	£164k	£155k
Profit (best available)	£152k	£164k	£155k
Employees (average)	22	26	26
Ratios
Profit margin	5.9%	4.6%	3.5%
Gross margin	100%	79.5%	47%
Revenue per employee	£118k	£137k	£172k
Profit per employee	£6.9k	£6.3k	£6k
Growth (year on year)
Revenue growth	—	▲37.2%	▲26.3%
Profit growth	—	▲7.8%	▼5.3%
Headcount growth	—	▲18.2%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£594k	£548k	£2m
Net assets	£3m	£3.2m	£3.4m
Fixed assets	£21.2k	£9.5k	£1.7k
Current assets	£3.5m	£7.5m	£20.9m
Debtors	£0	£761k	£1.1m
Source	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 3.5%; Profit ÷ revenue.
Gross margin: 47%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £172k; Revenue ÷ average employees.
Profit per employee: £6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 23.5%; 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: ▲5%; Now £3.4m
Cash at bank: ▲258%; Now £2m
Headcount: 0%; Now 26
Deferred income: —; Now —
Fixed assets: ▼82%; Now £1.7k

Corporate ownership

Group structure

Ownership chain

Digital River UK Holdings I Ltdultimate parent75–100%
Digital River UK Holdings II Ltd75–100%
Digital River UK 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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2022 (profit £155k), from the Companies House accounts bulk data published Dec 2023. 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.