How much does Disguise Technologies Limited make?

Disguise Technologies Limited reported revenue of £16m and a loss of £1.2m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Disguise Technologies Limited have?

Disguise Technologies Limited reported an average of 146 employees in the year to 31 Dec 2024.

Is Disguise Technologies Limited profitable?

No — Disguise Technologies Limited reported a loss of £1.2m in the year to 31 Dec 2024.

Company No. 07937973 · Incorporated 6 Feb 2012

Disguise Technologies Limited

Registered name: DISGUISE TECHNOLOGIES LIMITED

Part of The Carlyle Group group

Disguise Technologies Limited made £16m revenue and a £1.2m loss in the year to 31 Dec 2024. read from filing text

Disguise Technologies Limited’s revenue fell 1% to £16m in the year to 31 Dec 2024, with a loss of £1.2m and 146 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: 14 yrs · since 2012
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: “At the reporting period date, the Company's immediate parent undertaking was Butterfly Bidco Limited, a company incorporated in England, whose registered office is Hermes House 88-89 Blackfriars Rd, S”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£16m

Growth ▼1%

Profit

−£1.2m

Growth —

Profit margin

−7.4%

Gross 99.3%

Employees

146

Change ▲9%

Profit / employee

−£8.1k

Revenue/employee £109k

Profitable streak

0yrs

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)	£15.9m	£16.1m	£16m
Cost of sales	£0	£18.7k	£113k
Gross profit	£15.9m	£16.1m	£15.8m
Operating profit	−£732k	−£972k	−£1.1m
Profit before tax	−£747k	−£1m	−£1.1m
Profit after tax	−£363k	−£799k	−£1.2m
Profit (best available)	−£363k	−£799k	−£1.2m
Staff costs	£11m	£11.4m	£11m
Employees (average)	173	134	146
Ratios
Profit margin	−2.3%	−5%	−7.4%
Gross margin	100%	99.9%	99.3%
Revenue per employee	£91.9k	£120k	£109k
Profit per employee	−£2.1k	−£6k	−£8.1k
Growth (year on year)
Revenue growth	—	▲1.4%	▼1%
Headcount growth	—	▼22.5%	▲9%
Balance sheet — indirect signals, not revenue
Cash at bank	£101k	£26.2k	£339k
Net assets	£6.5m	£6.1m	£12.1m
Fixed assets	£7.6m	£7.1m	£6.5m
Current assets	£28.7m	£30.8m	£28.8m
Debtors	£28m	£29.9m	£28.5m
Deferred income	£327k	£189k	£247k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −7.4%; Profit ÷ revenue.
Gross margin: 99.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £109k; Revenue ÷ average employees.
Profit per employee: −£8.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 40.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 178.4%; 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: ▲99%; Now £12.1m
Cash at bank: ▲1193%; Now £339k
Headcount: ▲9%; Now 146
Deferred income: ▲31%; Now £247k
Fixed assets: ▼9%; Now £6.5m

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

The Carlyle Group (registered outside the UK register)ultimate parent50–75%
Butterfly Topco Limited75–100%
Butterfly Midco Limited75–100%
Butterfly Bidco Limited75–100%
Disguise Technologies Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Disguise Systems LimitedRev. £48.1m · Profit £4.2m

Sister companies (1)

New Leaf Topco LimitedLiquidationFigures not disclosed

From the Persons with Significant Control register (corporate controllers 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 −£1.2m), from the Companies House accounts bulk data published Dec 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.