How many employees does Service Direct Newco Limited have?

Service Direct Newco Limited reported an average of 3 employees in the year to 31 Mar 2026.

Is Service Direct Newco Limited profitable?

Yes — Service Direct Newco Limited reported a profit of £11.6k in the year to 31 Mar 2026.

Company No. 05893546 · Incorporated 1 Aug 2006

Service Direct Newco Limited

Registered name: SERVICE DIRECT NEWCO LIMITED

Service Direct Newco Limited made £11.6k profit in the year to 31 Mar 2026 (revenue not disclosed).

Service Direct Newco Limited reported £11.6k profit in the year to 31 Mar 2026, down 22% on the year before; its revenue was not disclosed. It had 3 employees. The company is classified under “general public administration activities” and is based in Durham; we hold 4 years of its filed accounts.

Profit onlySection O · Public administration and defenceSIC 84110General public administration activities

Status: Active
Location: Durham, North East
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 Mar 2026

Key figures

Small team

Revenue

—

Not disclosed in filing

Profit

£11.6k

Growth ▼22.5%

Profit margin

—

Employees

Change —

Profit / employee

£3.9k

Profitable streak

2yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	No P&L	No P&L	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Profit after tax	—	—	£15k	£11.6k
Profit (best available)	—	—	£15k	£11.6k
Employees (average)	0	0	0	3
Ratios
Profit margin	—	—	—	—
Profit per employee	—	—	—	£3.9k
Growth (year on year)
Profit growth	—	—	—	▼22.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£46.3k	£62k	£75.1k	£90.4k
Net assets	£39.3k	£54.4k	£69.3k	£80.9k
Current assets	£67.8k	£88.2k	£92.2k	£104k
Debtors	£21.5k	£26.2k	£17.1k	£13.2k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £3.9k; 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.

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: ▲17%; Now £80.9k
Cash at bank: ▲20%; Now £90.4k
Headcount: —; Now 3
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Durham County Council (registered outside the UK register)ultimate parent75–100%
Service Direct Newco 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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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £11.6k), from the Companies House accounts bulk data published Aug 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.