Denodo Technologies Limited
Registered name: DENODO TECHNOLOGIES LIMITED
Denodo Technologies Limited made £18.6m revenue and £302k profit in the year to 31 Dec 2025.
Denodo Technologies Limited’s revenue grew 35% to £18.6m in the year to 31 Dec 2025, with £302k profit and 29 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 17 yrs · since 2009
- 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: “Denodo S.L.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | £11m | £12.1m | £13.8m | £18.6m |
| Cost of sales | — | £6.5m | £5.6m | £6.4m | £10.1m |
| Gross profit | — | £4.5m | £6.5m | £7.4m | £8.5m |
| Operating profit | — | −£284k | −£463k | £319k | £295k |
| Profit before tax | — | −£283k | −£466k | £317k | £302k |
| Profit after tax | £246k | −£230k | −£345k | £662k | £302k |
| Profit (best available) | £246k | −£230k | −£345k | £662k | £302k |
| Staff costs | — | £3.8m | £4.6m | £5.3m | £5.8m |
| Employees (average) | 19 | 23 | 32 | 34 | 29 |
| Ratios | |||||
| Profit margin | — | −2.1% | −2.9% | 4.8% | 1.6% |
| Gross margin | — | 40.7% | 53.8% | 53.9% | 45.9% |
| Revenue per employee | — | £476k | £378k | £407k | £641k |
| Profit per employee | £13k | −£10k | −£10.8k | £19.5k | £10.4k |
| Cash conversion | — | — | — | 64.3% | 148.4% |
| Growth (year on year) | |||||
| Revenue growth | — | — | ▲10.5% | ▲14.2% | ▲34.6% |
| Profit growth | — | ▼193.3% | — | — | ▼54.3% |
| Headcount growth | — | ▲21.1% | ▲39.1% | ▲6.3% | ▼14.7% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £1.9m | £2.6m | £2m | £2.2m | £2.6m |
| Net assets | £1.6m | £1.3m | £1.1m | £1.9m | £2.3m |
| Fixed assets | £20.9k | £13.7k | £30.5k | £23.2k | £12.5k |
| Current assets | £5.9m | £11.2m | £10.2m | £9m | £15.8m |
| Debtors | £1.6m | £4.1m | £1.8m | £2.2m | £5.2m |
| Deferred income | £2.8m | £5.9m | £5.6m | £4.5m | £5.7m |
| Cash from operations | — | £689k | −£562k | £205k | £438k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 1.6%
- Profit ÷ revenue.
- Gross margin
- 45.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £641k
- Revenue ÷ average employees.
- Profit per employee
- £10.4k
- Profit ÷ average employees.
- Cash conversion
- 148.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 30.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 28%
- 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
- ▲22%
- Now £2.3m
- Cash at bank
- ▲21%
- Now £2.6m
- Headcount
- ▼15%
- Now 29
- Deferred income
- ▲28%
- Now £5.7m
- Fixed assets
- ▼46%
- Now £12.5k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £302k), from the Companies House accounts bulk data published Jul 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.