How much does Okdo Technology Limited make?

Okdo Technology Limited reported revenue of £9.5m and a loss of £7.2m in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Okdo Technology Limited have?

Okdo Technology Limited reported an average of 22 employees in the year to 31 Mar 2023.

Is Okdo Technology Limited profitable?

No — Okdo Technology Limited reported a loss of £7.2m in the year to 31 Mar 2023.

Company No. 11502983 · Incorporated 7 Aug 2018

Okdo Technology Limited

Registered name: OKDO TECHNOLOGY LIMITED

Part of RS Group PLC group

Okdo Technology Limited made £9.5m revenue and a £7.2m loss in the year to 31 Mar 2023.

Okdo Technology Limited’s revenue grew 51% to £9.5m in the year to 31 Mar 2023, with a loss of £7.2m and 22 employees. The company is classified under “retail sale via mail order houses or via internet” and is based in Liverpool; we hold 2 years of its filed accounts.

Full P&L filedSIC 47910Retail sale via mail order houses or via Internet

Status: Liquidation
Location: Liverpool
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 31 Mar 2023

Key figures

Revenue

£9.5m

Growth ▲50.7%

Profit

−£7.2m

Growth —

Profit margin

−75.9%

Gross −6%

Employees

Change ▲10%

Profit / employee

−£329k

Revenue/employee £433k

Profitable streak

0yrs

Consecutive profitable years in our data

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.3m	£9.5m
Cost of sales	−£4.6m	−£10.1m
Gross profit	£1.8m	−£570k
Operating profit	−£4.8m	−£6.6m
Profit before tax	−£4.9m	−£7.2m
Profit after tax	−£4.9m	−£7.2m
Profit (best available)	−£4.9m	−£7.2m
Employees (average)	20	22
Ratios
Profit margin	−78.2%	−75.9%
Gross margin	27.9%	−6%
Revenue per employee	£316k	£433k
Profit per employee	−£247k	−£329k
Growth (year on year)
Revenue growth	—	▲50.7%
Headcount growth	—	▲10%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023

Derived from the latest filing

How the business works

Profit margin: −75.9%; Profit ÷ revenue.
Gross margin: −6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £433k; Revenue ÷ average employees.
Profit per employee: −£329k; 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: ▲10%; Now 22
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

RS Group PLCultimate parent50–75%
RS Group International Holdings Limited75–100%
RS Components Holdings Limited75–100%
Okdo Technology Limitedthis company

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

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 2023 (profit −£7.2m), from the Companies House accounts bulk data published Oct 2023. Spotted an error? Request a correction.

Updated from Companies House on 19 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.