Dulsco UK Limited
Registered name: DULSCO UK LIMITED
Dulsco UK Limited made £48.7m revenue and a £256k loss in the year to 31 Dec 2025.
Dulsco UK Limited’s revenue fell 4% to £48.7m in the year to 31 Dec 2025, with a loss of £256k and 47 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
- 3 yrs · since 2023
- 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) | £41.8m | £50.6m | £48.7m |
| Cost of sales | £35.4m | £43.2m | −£41.7m |
| Gross profit | £6.4m | £7.4m | £7.1m |
| Operating profit | £2.3m | £1m | £1.5m |
| Profit before tax | £1.3m | £178k | £520k |
| Profit after tax | £566k | −£473k | −£256k |
| Profit (best available) | £566k | −£473k | −£256k |
| Employees (average) | 46 | 46 | 47 |
| Ratios | |||
| Profit margin | 1.4% | −0.9% | −0.5% |
| Gross margin | 15.3% | 14.6% | 14.5% |
| Revenue per employee | £908k | £1.1m | £1m |
| Profit per employee | £12.3k | −£10.3k | −£5.4k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼3.7% |
| Headcount growth | — | — | ▲2.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £67.5k | £843k | — |
| Net assets | £1.3m | −£3m | — |
| Fixed assets | £7.5m | £6.7m | — |
| Current assets | £14.8m | £13.6m | — |
| Debtors | £10m | £9.2m | — |
| Deferred income | £1.6m | £2.9m | — |
| Source | FullAccounts · bulk data Feb 2026 | FullAccounts · bulk data Feb 2026 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −0.5%
- Profit ÷ revenue.
- Gross margin
- 14.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1m
- Revenue ÷ average employees.
- Profit per employee
- −£5.4k
- 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
- ▲2%
- Now 47
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Advance Global Recruitment (Holdings) LimitedRev. £1.6m · 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 −£256k), from the Companies House accounts bulk data published Sep 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.