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Company No. 11231689 · Incorporated 1 Mar 2018

Device Finance Collections 2 Limited

Registered name: DEVICE FINANCE COLLECTIONS 2 LIMITED

Part of CSC Financial Services Holdings Limited group

Device Finance Collections 2 Limited made £72.3m revenue and a £24.4m loss in the year to 31 Mar 2025.

Device Finance Collections 2 Limited’s revenue fell 39% to £72.3m in the year to 31 Mar 2025, with a loss of £24.4m. The company is classified under “financial intermediation not elsewhere classified” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSIC 64999Financial intermediation not elsewhere classified
Status
Active
Location
London
Age
8 yrs · since 2018
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

Revenue
£72.3m
Growth ▼38.8%
Profit
−£24.4m
Growth ▼196%
Profit margin
−33.8%
Gross 22.4%
Employees
—
Change —
Profit / employee
—
 
Profitable streak
0yrs
Consecutive profitable years in our data
3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£90.4m£118m£72.3m
Cost of sales−£36.2m−£57.7m−£56.1m
Gross profit£54.3m£60.5m£16.2m
Operating profit£29.9m£25.4m−£24.4m
Profit before tax£29.9m£25.4m−£24.4m
Profit after tax£29.9m£25.4m−£24.4m
Profit (best available)£29.9m£25.4m−£24.4m
Employees (average)———
Ratios
Profit margin33.1%21.5%−33.8%
Gross margin60%51.2%22.4%
Growth (year on year)
Revenue growth—▲30.7%▼38.8%
Profit growth—▼15%▼196%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Jan 2025Accounts · bulk data Jan 2025Accounts · bulk data Jan 2026
Derived from the latest filing

How the business works

Profit margin
−33.8%
Profit ÷ revenue.
Gross margin
22.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
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 —
Cash at bank
—
Now —
Headcount
—
Now —
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. CSC Financial Services Holdings Limitedultimate parent75–100%
  2. CSC Itg Holdings Limited75–100%
  3. CSC Management Services (UK) Limited75–100%
  4. CSC Corporate Services (London) Limited75–100%
  5. Device Finance Collections 2 Limitedthis company

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

Sister companies (205)

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2025 (profit −£24.4m), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.

Updated from Companies House on 21 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.