Digital Id Ltd
Registered name: DIGITAL ID LTD
Part of Digital Id U.K. Limited groupDigital Id Ltd made £38.7m revenue and £4m profit in the year to 31 Dec 2024. read from filing text
Digital Id Ltd’s revenue was £38.7m in the year to 31 Dec 2024, with £4m profit and 109 employees. The company is classified under “other service activities” and is based in Stockport; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Stockport, North West
- Age
- 33 yrs · since 1993
- Type
- Private Limited Company
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: “The company's immediate parent undertaking is Easybadge Limited, a company registered and incorporated in the United Kingdom.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £38.8m | £38.7m | £38.7m |
| Cost of sales | £27.6m | £28.7m | £28.9m |
| Gross profit | £11.2m | £10m | £9.8m |
| Operating profit | £1.3m | £5.6m | £5.3m |
| Profit before tax | £1.2m | £5.7m | £5.3m |
| Profit after tax | £1.2m | £4.4m | £4m |
| Profit (best available) | £1.2m | £4.4m | £4m |
| Employees (average) | 103 | 113 | 109 |
| Ratios | |||
| Profit margin | 3% | 11.3% | 10.3% |
| Gross margin | 28.9% | 25.8% | 25.3% |
| Revenue per employee | £377k | £342k | £355k |
| Profit per employee | £11.5k | £38.6k | £36.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▼0.3% | 0% |
| Profit growth | — | ▲268.5% | ▼8.9% |
| Headcount growth | — | ▲9.7% | ▼3.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £739k | £3m | £1.5m |
| Net assets | £14.8m | £19.1m | £23.1m |
| Fixed assets | £1.3m | £1.7m | £1.6m |
| Current assets | £25.3m | £28.9m | £32.3m |
| Debtors | £4.6m | £4.8m | £5.1m |
| Deferred income | £6.5m | £1.6m | £1.3m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 10.3%
- Profit ÷ revenue.
- Gross margin
- 25.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £355k
- Revenue ÷ average employees.
- Profit per employee
- £36.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.2%
- 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
- ▲21%
- Now £23.1m
- Cash at bank
- ▼50%
- Now £1.5m
- Headcount
- ▼4%
- Now 109
- Deferred income
- ▼22%
- Now £1.3m
- Fixed assets
- ▼4%
- Now £1.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Digital Id U.K. Limited (registered outside the UK register)ultimate parent75–100%
- Easybadge Limited75–100%
- Digital Id Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Connected Id LimitedFigures not disclosed
Sister companies (1)
- The Smart Card Store LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £4m), from the Companies House accounts bulk data published Sep 2025. 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.