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Company No. 13013347 · Incorporated 12 Nov 2020

Deepl UK Ltd.

Registered name: DEEPL UK LTD.

Deepl UK Ltd. made £43.9m revenue and a £1.1m loss in the year to 31 Dec 2024.

Deepl UK Ltd.’s revenue grew 176% to £43.9m in the year to 31 Dec 2024, with a loss of £1.1m and 170 employees. The company is classified under “business and domestic software development” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software developmentSIC 74300Translation and interpretation activities
Status
Active
Location
London, London
Age
5 yrs · since 2020
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightCash flow filed
Revenue
£43.9m
Growth ▲175.8%
Profit
−£1.1m
Growth ▼292.5%
Profit margin
−2.6%
Gross 93.7%
Employees
170
Change ▲118%
Profit / employee
−£6.7k
Revenue/employee £258k
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 to31 Dec 202231 Dec 202331 Dec 2024
DisclosureProfit onlyFull P&LFull P&L
Profit & loss
Revenue (turnover)—£15.9m£43.9m
Cost of sales—£1.3m£2.8m
Gross profit—£14.6m£41.1m
Operating profit—£1.1m£2.9m
Profit before tax—£1m£2.9m
Profit after tax£185k£593k−£1.1m
Profit (best available)£185k£593k−£1.1m
Staff costs—£7.8m£20.1m
Employees (average)2478170
Ratios
Profit margin—3.7%−2.6%
Gross margin—91.8%93.7%
Revenue per employee—£204k£258k
Profit per employee£7.7k£7.6k−£6.7k
Cash conversion—41%32%
Growth (year on year)
Revenue growth——▲175.8%
Profit growth—▲220.5%▼292.5%
Headcount growth—▲225%▲118%
Balance sheet — indirect signals, not revenue
Cash at bank£96.3k£299k£1m
Net assets£279k£872k£15.8m
Fixed assets£126k£251k£259k
Current assets£995k£3.1m£25m
Debtors£898k£2.8m£23.9m
Deferred income£112k£760k£3.6m
Cash from operations—£435k£919k
SourceFullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
−2.6%
Profit ÷ revenue.
Gross margin
93.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£258k
Revenue ÷ average employees.
Profit per employee
−£6.7k
Profit ÷ average employees.
Cash conversion
32%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
8.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
54.5%
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
▲1717%
Now £15.8m
Cash at bank
▲249%
Now £1m
Headcount
▲118%
Now 170
Deferred income
▲369%
Now £3.6m
Fixed assets
▲3%
Now £259k

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 FullAccounts for the year to 31 Dec 2024 (profit −£1.1m), from the Companies House accounts bulk data published Sep 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.