How much does Davines (UK) Limited make?

Davines (UK) Limited reported revenue of £12.7m and £514k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Davines (UK) Limited have?

Davines (UK) Limited reported an average of 52 employees in the year to 31 Dec 2024.

Is Davines (UK) Limited profitable?

Yes — Davines (UK) Limited reported a profit of £514k in the year to 31 Dec 2024.

Company No. 05890867 · Incorporated 31 Jul 2006

Davines (UK) Limited

Registered name: DAVINES (UK) LIMITED

Davines (UK) Limited made £12.7m revenue and £514k profit in the year to 31 Dec 2024. read from filing text

Davines (UK) Limited’s revenue grew 24% to £12.7m in the year to 31 Dec 2024, with £514k profit and 52 employees. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
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. From the filing: “The parent company is Davines S.p.A, a company registered in Parma, Italy.”

Latest accounts · year to 31 Dec 2024

Key figures

Operating leverage

Revenue

£12.7m

Growth ▲23.7%

Profit

£514k

Growth ▲55.5%

Profit margin

Gross 47.3%

Employees

Change ▲1200%

Profit / employee

£9.9k

Revenue/employee £245k

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 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£9.5m	£10.3m	£12.7m
Cost of sales	£5.3m	£6.2m	£6.7m
Gross profit	£4.2m	£4.1m	£6m
Operating profit	£484k	£449k	£689k
Profit before tax	£485k	£453k	£689k
Profit after tax	£266k	£330k	£514k
Profit (best available)	£266k	£330k	£514k
Staff costs	—	£4.3m	£4.5m
Employees (average)	—	4	52
Ratios
Profit margin	2.8%	3.2%	4%
Gross margin	43.9%	40%	47.3%
Revenue per employee	—	£2.6m	£245k
Profit per employee	—	£82.6k	£9.9k
Growth (year on year)
Revenue growth	—	▲8.6%	▲23.7%
Profit growth	—	▲24.2%	▲55.5%
Headcount growth	—	—	▲1200%
Balance sheet — indirect signals, not revenue
Cash at bank	£893k	£899k	£1.7m
Net assets	£1.3m	£1.6m	£2.1m
Fixed assets	£1.8m	£1.6m	£1.4m
Current assets	£4.5m	£4.5m	£5.7m
Debtors	£2m	£2m	£2.2m
Deferred income	—	£618k	£702k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 4%; Profit ÷ revenue.
Gross margin: 47.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £245k; Revenue ÷ average employees.
Profit per employee: £9.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.9%; 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: ▲32%; Now £2.1m
Cash at bank: ▲85%; Now £1.7m
Headcount: ▲1200%; Now 52
Deferred income: ▲14%; Now £702k
Fixed assets: ▼13%; Now £1.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £514k), from the Companies House accounts bulk data published Sep 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.