How much does Data Center Erith Ltd make?

Data Center Erith Ltd reported revenue of £11.4m and a loss of £4.5m in the year to 31 Aug 2022, according to its accounts filed at Companies House.

How many employees does Data Center Erith Ltd have?

Data Center Erith Ltd reported an average of 15 employees in the year to 31 Aug 2022.

Is Data Center Erith Ltd profitable?

No — Data Center Erith Ltd reported a loss of £4.5m in the year to 31 Aug 2022.

Company No. 10229638 · Incorporated 13 Jun 2016

Data Center Erith Ltd

Registered name: DATA CENTER ERITH LTD

Data Center Erith Ltd made £11.4m revenue and a £4.5m loss in the year to 31 Aug 2022.

Data Center Erith Ltd’s revenue grew 18% to £11.4m in the year to 31 Aug 2022, with a loss of £4.5m and 15 employees. The company is classified under “other business support service activities” and is based in London; we hold 2 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: 10 yrs · since 2016
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: “OVH (France) SAS”

Latest accounts · year to 31 Aug 2022

Key figures

Revenue

£11.4m

Growth ▲17.5%

Profit

−£4.5m

Growth —

Profit margin

−39.8%

Gross 100%

Employees

Change ▲7.1%

Profit / employee

−£301k

Revenue/employee £757k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Aug 2021	31 Aug 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.7m	£11.4m
Gross profit	£9.7m	£11.4m
Operating profit	−£726k	−£3.7m
Profit before tax	−£2m	−£4.5m
Profit after tax	−£2m	−£4.5m
Profit (best available)	−£2m	−£4.5m
Employees (average)	14	15
Ratios
Profit margin	−20.3%	−39.8%
Gross margin	100%	100%
Revenue per employee	£691k	£757k
Profit per employee	−£140k	−£301k
Growth (year on year)
Revenue growth	—	▲17.5%
Headcount growth	—	▲7.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£564k	£102k
Net assets	−£3.1m	−£7.6m
Fixed assets	£33m	£33.4m
Current assets	£4.7m	£4.2m
Debtors	£4.2m	£4.1m
Deferred income	£1.6m	£1.1m
Source	Accounts · bulk data Aug 2024	Accounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: −39.8%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £757k; Revenue ÷ average employees.
Profit per employee: −£301k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 294.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 9.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 36.4%; 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: —; Now −£7.6m
Cash at bank: ▼82%; Now £102k
Headcount: ▲7%; Now 15
Deferred income: ▼31%; Now £1.1m
Fixed assets: ▲1%; Now £33.4m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Aug 2022 (profit −£4.5m), from the Companies House accounts bulk data published Aug 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.