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Company No. 07021770 · Incorporated 17 Sep 2009

D'addario UK Limited

Registered name: D'ADDARIO UK LIMITED

Part of D'addario Europe Limited group

D'addario UK Limited made £23m revenue and £41.7k profit in the year to 31 Dec 2024. read from filing text

D'addario UK Limited’s revenue grew 1% to £23m in the year to 31 Dec 2024, with £41.7k profit and 38 employees. The company is classified under “non-specialised wholesale trade” and is based in Newcastle Upon Tyne; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade
Status
Active
Location
Newcastle Upon Tyne, North East
Age
17 yrs · since 2009
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 company's immediate parent is G4 International, LLC, incorporated in United States of America.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed
Revenue
£23m
Growth ▲1.1%
Profit
£41.7k
Growth ▼82.7%
Profit margin
0.2%
Gross 8.5%
Employees
38
Change ▲5.6%
Profit / employee
£1.1k
Revenue/employee £605k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£22.7m£23m
Cost of sales£20.2m£21m
Gross profit£2.5m£2m
Operating profit£313k£79.1k
Profit before tax£313k£79.3k
Profit after tax£241k£41.7k
Profit (best available)£241k£41.7k
Staff costs£2.1m£2.2m
Employees (average)3638
Ratios
Profit margin1.1%0.2%
Gross margin11%8.5%
Revenue per employee£632k£605k
Profit per employee£6.7k£1.1k
Cash conversion90.2%−1008%
Growth (year on year)
Revenue growth—▲1.1%
Profit growth—▼82.7%
Headcount growth—▲5.6%
Balance sheet — indirect signals, not revenue
Cash at bank£910k£1.1m
Net assets£2.7m£2.3m
Fixed assets£42.7k£68.2k
Current assets£8.1m£10m
Debtors£1.3m£1.8m
Deferred income£683k£474k
Cash from operations£282k−£797k
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
0.2%
Profit ÷ revenue.
Gross margin
8.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£605k
Revenue ÷ average employees.
Profit per employee
£1.1k
Profit ÷ average employees.
Cash conversion
−1008%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.7%
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
▼16%
Now £2.3m
Cash at bank
▲16%
Now £1.1m
Headcount
▲6%
Now 38
Deferred income
▼31%
Now £474k
Fixed assets
▲60%
Now £68.2k

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

Corporate ownership

Group structure

Ownership chain

  1. D'addario Europe Limitedultimate parent75–100%
  2. D'addario 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

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £41.7k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.