Ndi Technologies Ltd.
Registered name: NDI TECHNOLOGIES LTD.
Part of Dacoll Holdings Limited groupNdi Technologies Ltd. made £3.5m revenue and £1.9m profit in the year to 31 Mar 2025.
Ndi Technologies Ltd.’s revenue grew 19% to £3.5m in the year to 31 Mar 2025, with £1.9m profit and 21 employees. The company is classified under “other software publishing” and is based in Livingston; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Livingston
- Age
- 29 yrs · since 1997
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £2.6m | £3m | £3.5m |
| Cost of sales | −£160k | −£191k | −£300k |
| Gross profit | £2.5m | £2.8m | £3.2m |
| Operating profit | £1.3m | £1.4m | £1.9m |
| Profit before tax | £1.3m | £1.4m | £1.9m |
| Profit after tax | £1.3m | £1.4m | £1.9m |
| Profit (best available) | £1.3m | £1.4m | £1.9m |
| Employees (average) | 26 | 20 | 21 |
| Ratios | |||
| Profit margin | 48.1% | 46.4% | 53.4% |
| Gross margin | 93.9% | 93.6% | 91.5% |
| Revenue per employee | £101k | £148k | £168k |
| Profit per employee | £48.4k | £68.9k | £90k |
| Growth (year on year) | |||
| Revenue growth | — | ▲13.4% | ▲19.2% |
| Profit growth | — | ▲9.4% | ▲37.2% |
| Headcount growth | — | ▼23.1% | ▲5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 53.4%
- Profit ÷ revenue.
- Gross margin
- 91.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £168k
- Revenue ÷ average employees.
- Profit per employee
- £90k
- 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
- ▲5%
- Now 21
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Dacoll Holdings Limitedultimate parent75–100%
- Dacoll Group Limited75–100%
- Ndi Technologies Ltd.this company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Paterson and Parker LimitedRev. £222k · Profit −£115k
- Dacoll (Electrical Contracting) LimitedFigures not disclosed
- Dacoll LimitedFigures not disclosed
- Ndi Recognition Systems LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £1.9m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.