How much does D'addario Europe Limited make?

D'addario Europe Limited reported revenue of £24m and £1.1m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does D'addario Europe Limited have?

D'addario Europe Limited reported an average of 21 employees in the year to 31 Dec 2024.

Is D'addario Europe Limited profitable?

Yes — D'addario Europe Limited reported a profit of £1.1m in the year to 31 Dec 2024.

Company No. 10805686 · Incorporated 6 Jun 2017

D'addario Europe Limited

Registered name: D'ADDARIO EUROPE LIMITED

D'addario Europe Limited made £24m revenue and £1.1m profit in the year to 31 Dec 2024. read from filing text

D'addario Europe Limited’s revenue grew 5% to £24m in the year to 31 Dec 2024, with £1.1m profit and 21 employees. The company is classified under “non-specialised wholesale trade” and is based in Newburn Riverside; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Newburn Riverside, North East
Age: 9 yrs · since 2017
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: “G4 International, LLC owns 100% of the issued share capital of D'Addario Europe Limited.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed

Revenue

£24m

Growth ▲4.9%

Profit

£1.1m

Growth ▼3.5%

Profit margin

4.8%

Gross 27.6%

Employees

Change 0%

Profit / employee

£54.5k

Revenue/employee £1.1m

Profitable streak

2yrs

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 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£22.9m	£24m
Cost of sales	£16.5m	£17.4m
Gross profit	£6.5m	£6.6m
Profit before tax	£1.7m	£1.5m
Profit after tax	£1.2m	£1.1m
Profit (best available)	£1.2m	£1.1m
Staff costs	£1.3m	£1.6m
Employees (average)	21	21
Ratios
Profit margin	5.2%	4.8%
Gross margin	28.2%	27.6%
Revenue per employee	£1.1m	£1.1m
Profit per employee	£56.5k	£54.5k
Growth (year on year)
Revenue growth	—	▲4.9%
Profit growth	—	▼3.5%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£956k
Net assets	£5m	£6.2m
Fixed assets	£50.9k	£41k
Current assets	£6m	£7.1m
Debtors	£2.2m	£2.4m
Deferred income	£445k	£372k
Cash from operations	−£920k	−£195k
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 4.8%; Profit ÷ revenue.
Gross margin: 27.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.1m; Revenue ÷ average employees.
Profit per employee: £54.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.1%; 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 £6.2m
Cash at bank: ▼27%; Now £956k
Headcount: 0%; Now 21
Deferred income: ▼16%; Now £372k
Fixed assets: ▼19%; Now £41k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (1)

D'addario UK LimitedRev. £23m · Profit £41.7k

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.1m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Updated from Companies House on 22 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.