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Company No. 09929977 · Incorporated 24 Dec 2015

Dexcom Operating Ltd.

Registered name: DEXCOM OPERATING LTD.

Part of Dexcom Inc. group

Dexcom Operating Ltd. made £19.8k revenue and £1k profit in the year to 31 Dec 2024.

Dexcom Operating Ltd.’s revenue fell 3% to £19.8k in the year to 31 Dec 2024, with £1k profit and 181 employees. The company is classified under “manufacture of medical and dental instruments and supplies” and is based in London; we hold 2 years of its filed accounts.

Status
Active
Location
London, London
Age
10 yrs · since 2015
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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light
Revenue
£19.8k
Growth ▼2.6%
Profit
£1k
Growth ▲25.6%
Profit margin
5.1%
Gross 100%
Employees
181
Change ▲13.8%
Profit / employee
£6
Revenue/employee £110
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&LFull P&L
Profit & loss
Revenue (turnover)£20.4k£19.8k
Gross profit£20.4k£19.8k
Operating profit£969£1.6k
Profit before tax£969£1.6k
Profit after tax£802£1k
Profit (best available)£802£1k
Employees (average)159181
Ratios
Profit margin3.9%5.1%
Gross margin100%100%
Revenue per employee£128£110
Profit per employee£5£6
Growth (year on year)
Revenue growth—▼2.6%
Profit growth—▲25.6%
Headcount growth—▲13.8%
Balance sheet — indirect signals, not revenue
Cash at bank£10.4k£2.4k
Net assets£10.8k£2.8k
Fixed assets£842£632
Current assets£13.3k£4.7k
Debtors£2.8k£2.3k
Deferred income£2k£884
SourceFullAccounts · bulk data Oct 2025FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
5.1%
Profit ÷ revenue.
Gross margin
100%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£110
Revenue ÷ average employees.
Profit per employee
£6
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
3.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
4.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11.4%
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
▼74%
Now £2.8k
Cash at bank
▼77%
Now £2.4k
Headcount
▲14%
Now 181
Deferred income
▼57%
Now £884
Fixed assets
▼25%
Now £632

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. Dexcom Inc. (registered outside the UK register)ultimate parent75–100%
  2. Dexcom (UK) Limited75–100%
  3. Dexcom (UK) Intermediate Holdings Ltd75–100%
  4. Dexcom Operating Ltd.this company

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

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1k), from the Companies House accounts bulk data published Oct 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.