How much does DC2 Midco Limited make?

DC2 Midco Limited reported revenue of £0 and a loss of £4m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does DC2 Midco Limited have?

DC2 Midco Limited reported an average of 4 employees in the year to 31 Dec 2023.

Is DC2 Midco Limited profitable?

No — DC2 Midco Limited reported a loss of £4m in the year to 31 Dec 2023.

Company No. SC579775

DC2 Midco LimitedDissolved

DC2 Midco Limited made £0 revenue and a £4m loss in the year to 31 Dec 2023. read from filing text

DC2 Midco Limited’s revenue was £0 in the year to 31 Dec 2023, with a loss of £4m and 4 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

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. From the filing: “DC2 Topco Limited”

Last filed accounts · year to 31 Dec 2023

Key figures

Small team

Revenue

£0

Growth —

Profit

−£4m

Growth —

Profit margin

—

Employees

Change ▼20%

Profit / employee

−£1m

Revenue/employee £0

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&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£0	£0
Operating profit	−£17.9k	−£10.4k
Profit before tax	−£4m	−£4.6m
Profit after tax	−£3.5m	−£4m
Profit (best available)	−£3.5m	−£4m
Employees (average)	5	4
Ratios
Profit margin	—	—
Revenue per employee	£0	£0
Profit per employee	−£700k	−£1m
Growth (year on year)
Headcount growth	—	▼20%
Balance sheet — indirect signals, not revenue
Net assets	−£29.2m	−£33.3m
Current assets	£5.8m	£6.4m
Debtors	£5.8m	£6.4m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £0; Revenue ÷ average employees.
Profit per employee: −£1m; 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.

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: —; Now −£33.3m
Cash at bank: —; Now —
Headcount: ▼20%; Now 4
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit −£4m), 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.