Discovery Software Holdings Pledgeco Limited
Registered name: DISCOVERY SOFTWARE HOLDINGS PLEDGECO LIMITED
Part of BV Acquisitions Xiv DSH Limited groupDiscovery Software Holdings Pledgeco Limited made £28.4m revenue and a £13.4m loss in the year to 31 Mar 2025.
Discovery Software Holdings Pledgeco Limited’s revenue grew 50% to £28.4m in the year to 31 Mar 2025, with a loss of £13.4m and 188 employees. The company is classified under “non-trading company” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 27 Apr 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £18.9m | £28.4m |
| Cost of sales | — | — | −£6m | −£7m |
| Gross profit | — | — | £12.9m | £21.3m |
| Operating profit | — | — | −£1.1m | −£13.5m |
| Profit before tax | — | — | −£1.9m | −£16.5m |
| Profit after tax | — | −£75 | £250k | −£13.4m |
| Profit (best available) | — | −£75 | £250k | −£13.4m |
| Employees (average) | 0 | 0 | 0 | 188 |
| Ratios | ||||
| Profit margin | — | — | 1.3% | −47.4% |
| Gross margin | — | — | 68.3% | 75.2% |
| Revenue per employee | — | — | — | £151k |
| Profit per employee | — | — | — | −£71.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲49.6% |
| Profit growth | — | — | — | ▼5481% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | £925 | £750 | — |
| Net assets | — | £20.1m | £20.3m | — |
| Fixed assets | — | £16m | £16m | — |
| Current assets | — | £4.1m | £4.3m | — |
| Debtors | — | £0 | £0 | — |
| Deferred income | — | £0 | £0 | — |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Sep 2024 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −47.4%
- Profit ÷ revenue.
- Gross margin
- 75.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £151k
- Revenue ÷ average employees.
- Profit per employee
- −£71.5k
- 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.
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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 188
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- BV Acquisitions Xiv DSH Limitedultimate parent75–100%
- Discovery Software Holdings Pledgeco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Discovery Software Holdings Acquico LimitedRev. — · Profit £4.6m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit −£13.4m), from the Companies House accounts bulk data published Dec 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.