How much does DC2 Topco Limited make?

DC2 Topco Limited reported revenue of £9.7m and a loss of £114k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does DC2 Topco Limited have?

DC2 Topco Limited reported an average of 86 employees in the year to 31 Dec 2023.

Is DC2 Topco Limited profitable?

No — DC2 Topco Limited reported a loss of £114k in the year to 31 Dec 2023.

Company No. SC579748

DC2 Topco LimitedDissolved

DC2 Topco Limited made £9.7m revenue and a £114k loss in the year to 31 Dec 2023.

DC2 Topco Limited’s revenue fell 5% to £9.7m in the year to 31 Dec 2023, with a loss of £114k and 86 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Dec 2023

Key figures

IndependentCash flow filed

Revenue

£9.7m

Growth ▼4.9%

Profit

−£114k

Growth —

Profit margin

−1.2%

Gross 46.7%

Employees

Change ▼25.9%

Profit / employee

−£1.3k

Revenue/employee £113k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£10.2m	£9.7m
Cost of sales	£5.3m	£5.2m
Gross profit	£4.9m	£4.5m
Operating profit	−£771k	−£90.9k
Profit before tax	−£8.3m	£1.6m
Profit after tax	−£28.5k	−£114k
Profit (best available)	−£28.5k	−£114k
Staff costs	£3.3m	£3m
Employees (average)	116	86
Ratios
Profit margin	−0.3%	−1.2%
Gross margin	47.9%	46.7%
Revenue per employee	£88k	£113k
Profit per employee	−£246	−£1.3k
Growth (year on year)
Revenue growth	—	▼4.9%
Headcount growth	—	▼25.9%
Balance sheet — indirect signals, not revenue
Cash at bank	−£657k	—
Net assets	£498k	£384k
Fixed assets	£13.7m	£6.5m
Current assets	£149k	£360k
Debtors	£316k	£294k
Cash from operations	−£1.1m	−£984k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −1.2%; Profit ÷ revenue.
Gross margin: 46.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £113k; Revenue ÷ average employees.
Profit per employee: −£1.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 67%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3%; 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: ▼23%; Now £384k
Cash at bank: —; Now —
Headcount: ▼26%; Now 86
Deferred income: —; Now —
Fixed assets: ▼53%; Now £6.5m

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit −£114k), from the Companies House accounts bulk data published Sep 2024. 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.