How much does Bidx1 (UK) Limited make?

Bidx1 (UK) Limited reported revenue of £3.9m and £324k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Bidx1 (UK) Limited have?

Bidx1 (UK) Limited reported an average of 10 employees in the year to 31 Dec 2023.

Is Bidx1 (UK) Limited profitable?

Yes — Bidx1 (UK) Limited reported a profit of £324k in the year to 31 Dec 2023.

Company No. 11108272 · Incorporated 12 Dec 2017

Bidx1 (UK) Limited

Registered name: BIDX1 (UK) LIMITED

Part of Bidx1 Limited group

Bidx1 (UK) Limited made £3.9m revenue and £324k profit in the year to 31 Dec 2023.

Bidx1 (UK) Limited’s revenue grew 29% to £3.9m in the year to 31 Dec 2023, with £324k profit and 10 employees. The company is classified under “real estate agencies” and is based in London; we hold 2 years of its filed accounts.

Full profit & loss filedSection L · Real estate activitiesSIC 68310Real estate agencies

Status: Active
Location: London, London
Age: 8 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.

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightDoing more with less

Revenue

£3.9m

Growth ▲28.7%

Profit

£324k

Growth ▲27.5%

Profit margin

8.4%

Gross 41.7%

Employees

Change ▼16.7%

Profit / employee

£32.4k

Revenue/employee £386k

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 2022	31 Dec 2023
Disclosure	Profit & loss	Profit & loss
Profit & loss
Revenue (turnover)	£3m	£3.9m
Cost of sales	£1.6m	£2.2m
Gross profit	£1.4m	£1.6m
Operating profit	£256k	£324k
Profit before tax	£254k	£324k
Profit after tax	£254k	£324k
Profit (best available)	£254k	£324k
Employees (average)	12	10
Ratios
Profit margin	8.5%	8.4%
Gross margin	47%	41.7%
Revenue per employee	£250k	£386k
Profit per employee	£21.1k	£32.4k
Growth (year on year)
Revenue growth	—	▲28.7%
Profit growth	—	▲27.5%
Headcount growth	—	▼16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£172k	£422k
Net assets	−£4.7m	−£4.3m
Fixed assets	£1.6k	£1.2k
Current assets	£367k	£698k
Debtors	£52.1k	£235k
Deferred income	£61.8k	£118k
Source	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2025

Derived from the latest filing

How the business works

Profit margin: 8.4%; Profit ÷ revenue.
Gross margin: 41.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £386k; Revenue ÷ average employees.
Profit per employee: £32.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.1%; 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: —; Now −£4.3m
Cash at bank: ▲146%; Now £422k
Headcount: ▼17%; Now 10
Deferred income: ▲91%; Now £118k
Fixed assets: ▼26%; Now £1.2k

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

Ownership chain

Bidx1 Limitedultimate parent75–100%
Bidx1 (UK) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Dedman Gray Auctions LimitedFigures not disclosed

Sister companies (1)

Andrews & Robertson (Auctions) LimitedRev. — · Profit −£318k

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £324k), from the Companies House accounts bulk data published Mar 2025. Spotted an error? Request a correction.

Updated from Companies House on 17 Oct 2026