Dangote Global Services Limited
Registered name: DANGOTE GLOBAL SERVICES LIMITED
Dangote Global Services Limited made £6.6m revenue and £850k profit in the year to 31 Dec 2024. read from filing text
Dangote Global Services Limited’s revenue fell 27% to £6.6m in the year to 31 Dec 2024, with £850k profit and 8 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 18 yrs · since 2008
- 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 of Dangote Global Services Limited is Dangote Industries Limited registered in Nigeria and its registered office is Union Marble House, 1 Alfred Rewane Road, Ikoyi, Lagos, Nigeria, ”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 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 | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £34.5m | £6.4m | £9.1m | £6.6m |
| Cost of sales | £33.2m | £5.5m | £7.4m | £4.9m |
| Gross profit | £1.3m | £869k | £1.7m | £1.7m |
| Operating profit | £175k | −£651k | £1.2m | £866k |
| Profit before tax | £148k | −£668k | £1.2m | £850k |
| Profit (best available) | £148k | −£668k | £1.2m | £850k |
| Staff costs | £460k | £393k | £343k | £294k |
| Employees (average) | 10 | 10 | 10 | 8 |
| Ratios | ||||
| Profit margin | 0.4% | −10.4% | 13% | 12.8% |
| Gross margin | 3.8% | 13.6% | 18.9% | 25.9% |
| Revenue per employee | £3.4m | £641k | £912k | £831k |
| Profit per employee | £14.8k | −£66.8k | £119k | £106k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼81.4% | ▲42.2% | ▼27.1% |
| Profit growth | — | ▼549.9% | — | ▼28.4% |
| Headcount growth | — | 0% | 0% | ▼20% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £503k | £3.6m | £3m | £2.6m |
| Net assets | −£238k | −£906k | £281k | £1m |
| Debtors | £120k | £7.6k | £324k | £604k |
| Source | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 12.8%
- Profit ÷ revenue.
- Gross margin
- 25.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £831k
- Revenue ÷ average employees.
- Profit per employee
- £106k
- 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
- 9.1%
- 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
- ▲268%
- Now £1m
- Cash at bank
- ▼14%
- Now £2.6m
- Headcount
- ▼20%
- Now 8
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Surrey Lighting Services LimitedLondon · Other business support service activities n.e.c.
- Revenue
- £6.7m
- Profit
- £190k
- Staff
- —
- Wax Art LimitedHornchurch · Other business support service activities n.e.c.
- Revenue
- £6.7m
- Profit
- £719k
- Staff
- 57
- Equitix (Howden House) LimitedManchester · Other business support service activities n.e.c.
- Revenue
- £6.6m
- Profit
- £1.8m
- Staff
- —
- Ietg LimitedBurton-on-Trent · Other business support service activities n.e.c.
- Revenue
- £6.8m
- Profit
- £312k
- Staff
- 78
- Cortland (Colliers Yard) Sponsor GP LimitedEdinburgh · Other business support service activities n.e.c.
- Revenue
- £6.8m
- Profit
- £2.4m
- Staff
- —
- Tennants of Yorkshire Antique and Fine Art Auctioneers LimitedNorth Yorkshire · Other business support service activities n.e.c.
- Revenue
- £6.5m
- Profit
- £398k
- Staff
- 130
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £850k), from the Companies House accounts bulk data published May 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.