Datto Europe Limited
Registered name: DATTO EUROPE LIMITED
Datto Europe Limited made £41.1m revenue and £4.6m profit in the year to 31 Dec 2021.
Datto Europe Limited’s revenue grew 10% to £41.1m in the year to 31 Dec 2021, with £4.6m profit and 207 employees. The company is classified under “other information technology service activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 13 yrs · since 2013
- 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: “Datto Holding Corp”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2020 | 31 Dec 2021 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £37.3m | £41.1m |
| Cost of sales | £11.1m | £13.3m |
| Gross profit | £26.3m | £27.8m |
| Operating profit | £3.5m | £4.5m |
| Profit before tax | £6.3m | £4.4m |
| Profit after tax | £6.7m | £4.6m |
| Profit (best available) | £6.7m | £4.6m |
| Staff costs | £15.6m | £16.8m |
| Employees (average) | 208 | 207 |
| Ratios | ||
| Profit margin | 17.9% | 11.2% |
| Gross margin | 70.4% | 67.6% |
| Revenue per employee | £179k | £199k |
| Profit per employee | £32.2k | £22.3k |
| Growth (year on year) | ||
| Revenue growth | — | ▲10.1% |
| Profit growth | — | ▼31% |
| Headcount growth | — | ▼0.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £10.3m | £15.4m |
| Net assets | £11.8m | £18.2m |
| Fixed assets | £4.9m | £6.1m |
| Current assets | £21.9m | £20.7m |
| Debtors | £1.1m | £1.2m |
| Deferred income | £109k | £121k |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 |
How the business works
- Profit margin
- 11.2%
- Profit ÷ revenue.
- Gross margin
- 67.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £199k
- Revenue ÷ average employees.
- Profit per employee
- £22.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.9%
- 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
- ▲55%
- Now £18.2m
- Cash at bank
- ▲50%
- Now £15.4m
- Headcount
- ▼0%
- Now 207
- Deferred income
- ▲11%
- Now £121k
- Fixed assets
- ▲26%
- Now £6.1m
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Sources
Latest figures from accounts for the year to 31 Dec 2021 (profit £4.6m), from the Companies House accounts bulk data published Jan 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.