Isosceles DM 123 Limited
Registered name: ISOSCELES DM 123 LIMITED
Part of 6DG Topco Limited groupIsosceles DM 123 Limited made £36.7m revenue and a £312m loss in the year to 31 Mar 2023.
Isosceles DM 123 Limited’s revenue fell 5% to £36.7m in the year to 31 Mar 2023, with a loss of £312m and 447 employees. The company is classified under “other telecommunications activities” and is based in Manchester; we hold 2 years of its filed accounts.
- Status
- In Administration
- Location
- Manchester, North West
- Age
- 15 yrs · since 2010
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £38.8m | £36.7m |
| Operating profit | £3.4m | −£307m |
| Profit before tax | £2.4m | −£312m |
| Profit after tax | £2.3m | −£312m |
| Profit (best available) | £2.3m | −£312m |
| Staff costs | £22.7m | £24.8m |
| Employees (average) | 444 | 447 |
| Ratios | ||
| Profit margin | 6% | −848.9% |
| Revenue per employee | £87.4k | £82.2k |
| Profit per employee | £5.2k | −£697k |
| Growth (year on year) | ||
| Revenue growth | — | ▼5.3% |
| Profit growth | — | ▼13492% |
| Headcount growth | — | ▲0.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £227k | £323k |
| Net assets | −£14.4m | −£326m |
| Fixed assets | £5.4m | £7.1m |
| Current assets | £279m | £12m |
| Debtors | £128k | £0 |
| Deferred income | £24k | £0 |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 |
How the business works
- Profit margin
- −848.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £82.2k
- Revenue ÷ average employees.
- Profit per employee
- −£697k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 19.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- —
- Now −£326m
- Cash at bank
- ▲42%
- Now £323k
- Headcount
- ▲1%
- Now 447
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- ▲30%
- Now £7.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- 6DG Topco Limitedultimate parent75–100%
- 6DG Holdco Limited75–100%
- CB-SDG Midco Limited75–100%
- CB-SDG Limited75–100%
- Isosceles DM 123 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).
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Sources
Latest figures from accounts for the year to 31 Mar 2023 (profit −£312m), from the Companies House accounts bulk data published Mar 2024. 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.