Driver Midco Limited
Registered name: DRIVER MIDCO LIMITED
Driver Midco Limited made £58.3m revenue and a £10.3m loss in the year to 31 Dec 2025.
Driver Midco Limited’s revenue grew 13% to £58.3m in the year to 31 Dec 2025, with a loss of £10.3m and 210 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 3 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £41m | £51.6m | £58.3m |
| Cost of sales | −£27.8m | −£29.4m | −£31.1m |
| Gross profit | £13.3m | £22.2m | £27.1m |
| Operating profit | −£1.7m | £3.8m | £4.2m |
| Profit before tax | −£13.3m | −£8.2m | −£6.6m |
| Profit after tax | −£15.6m | −£11.7m | −£10.3m |
| Profit (best available) | −£15.6m | −£11.7m | −£10.3m |
| Employees (average) | 169 | 179 | 210 |
| Ratios | |||
| Profit margin | −38% | −22.8% | −17.6% |
| Gross margin | 32.3% | 43.1% | 46.6% |
| Revenue per employee | £243k | £288k | £277k |
| Profit per employee | −£92.2k | −£65.6k | −£48.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▲25.7% | ▲13% |
| Headcount growth | — | ▲5.9% | ▲17.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −17.6%
- Profit ÷ revenue.
- Gross margin
- 46.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £277k
- Revenue ÷ average employees.
- Profit per employee
- −£48.8k
- 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
- ▲17%
- Now 210
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Driver Bidco LimitedRev. £51.6m · Profit −£1.6m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£10.3m), from the Companies House accounts bulk data published Jul 2026. 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.