How much does Digital Completion UK Ltd. make?

Digital Completion UK Ltd. reported revenue of £0 and a loss of £10.3m in the year to 30 Jun 2023, according to its accounts filed at Companies House.

How many employees does Digital Completion UK Ltd. have?

Digital Completion UK Ltd. reported an average of 33 employees in the year to 30 Jun 2023.

Is Digital Completion UK Ltd. profitable?

No — Digital Completion UK Ltd. reported a loss of £10.3m in the year to 30 Jun 2023.

Company No. 12830944 · Incorporated 21 Aug 2020

Digital Completion UK Ltd.

Registered name: DIGITAL COMPLETION UK LTD.

Part of Pexa International Pty Ltd group

Digital Completion UK Ltd. made £0 revenue and a £10.3m loss in the year to 30 Jun 2023.

Digital Completion UK Ltd.’s revenue was £0 in the year to 30 Jun 2023, with a loss of £10.3m and 33 employees. The company is classified under “other information technology service activities” and is based in Leeds; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: Leeds, Yorkshire and The Humber
Age: 6 yrs · since 2020
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 30 Jun 2023

Key figures

Revenue

£0

Growth —

Profit

−£10.3m

Growth —

Profit margin

—

Employees

Change ▲65%

Profit / employee

−£312k

Revenue/employee £0

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	30 Jun 2022	30 Jun 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£0	£0
Cost of sales	£0	£0
Gross profit	£0	£0
Operating profit	−£3m	−£10.3m
Profit before tax	−£3m	−£10.3m
Profit after tax	−£3m	−£10.3m
Profit (best available)	−£3m	−£10.3m
Employees (average)	20	33
Ratios
Profit margin	—	—
Revenue per employee	£0	£0
Profit per employee	−£148k	−£312k
Growth (year on year)
Headcount growth	—	▲65%
Balance sheet — indirect signals, not revenue
Cash at bank	£808k	£3.3m
Net assets	−£3.4m	−£13.7m
Fixed assets	£8.8k	£36.2k
Current assets	£1.2m	£6.6m
Debtors	£0	£0
Deferred income	£609k	£928k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £0; Revenue ÷ average employees.
Profit per employee: −£312k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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 −£13.7m
Cash at bank: ▲314%; Now £3.3m
Headcount: ▲65%; Now 33
Deferred income: ▲52%; Now £928k
Fixed assets: ▲312%; Now £36.2k

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

Pexa International Pty Ltd (registered outside the UK register)ultimate parent75–100%
Digcom UK Holdings Ltd75–100%
Digital Completion UK Ltd.this company

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

Sister companies (1)

Smoove LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2023 (profit −£10.3m), from the Companies House accounts bulk data published Jun 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.