digital science & research solutions limited
digital science & research solutions limited Company Information
Company Number
09984464
Next Accounts
Sep 2025
Shareholders
holtzbrinck science & technology limited
christian herzog
View AllGroup Structure
View All
Industry
Business and domestic software development
+1Registered Address
the smithson 6 briset street, london, EC1M5NR
Website
www.digital-science.comdigital science & research solutions limited Estimated Valuation
Pomanda estimates the enterprise value of DIGITAL SCIENCE & RESEARCH SOLUTIONS LIMITED at £32.1m based on a Turnover of £28m and 1.15x industry multiple (adjusted for size and gross margin).
digital science & research solutions limited Estimated Valuation
Pomanda estimates the enterprise value of DIGITAL SCIENCE & RESEARCH SOLUTIONS LIMITED at £0 based on an EBITDA of £-23.5m and a 7.77x industry multiple (adjusted for size and gross margin).
digital science & research solutions limited Estimated Valuation
Pomanda estimates the enterprise value of DIGITAL SCIENCE & RESEARCH SOLUTIONS LIMITED at £11.6m based on Net Assets of £5.2m and 2.24x industry multiple (adjusted for liquidity).
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Digital Science & Research Solutions Limited Overview
Digital Science & Research Solutions Limited is a live company located in london, EC1M5NR with a Companies House number of 09984464. It operates in the business and domestic software development sector, SIC Code 62012. Founded in February 2016, it's largest shareholder is holtzbrinck science & technology limited with a 88.1% stake. Digital Science & Research Solutions Limited is a young, large sized company, Pomanda has estimated its turnover at £28m with rapid growth in recent years.
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Digital Science & Research Solutions Limited Health Check
Pomanda's financial health check has awarded Digital Science & Research Solutions Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £28m, make it larger than the average company (£12.4m)
£28m - Digital Science & Research Solutions Limited
£12.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (8.8%)
47% - Digital Science & Research Solutions Limited
8.8% - Industry AVG
Production
with a gross margin of 52.9%, this company has a comparable cost of product (52.9%)
52.9% - Digital Science & Research Solutions Limited
52.9% - Industry AVG
Profitability
an operating margin of -85.5% make it less profitable than the average company (4.6%)
-85.5% - Digital Science & Research Solutions Limited
4.6% - Industry AVG
Employees
with 225 employees, this is above the industry average (76)
225 - Digital Science & Research Solutions Limited
76 - Industry AVG
Pay Structure
on an average salary of £106.9k, the company has a higher pay structure (£61k)
£106.9k - Digital Science & Research Solutions Limited
£61k - Industry AVG
Efficiency
resulting in sales per employee of £124.5k, this is less efficient (£163.3k)
£124.5k - Digital Science & Research Solutions Limited
£163.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Digital Science & Research Solutions Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (42 days)
16 days - Digital Science & Research Solutions Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Digital Science & Research Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Digital Science & Research Solutions Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.3%, this is a higher level of debt than the average (59.3%)
95.3% - Digital Science & Research Solutions Limited
59.3% - Industry AVG
DIGITAL SCIENCE & RESEARCH SOLUTIONS LIMITED financials
Digital Science & Research Solutions Limited's latest turnover from December 2023 is £28 million and the company has net assets of £5.2 million. According to their latest financial statements, Digital Science & Research Solutions Limited has 225 employees and maintains cash reserves of £865.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 28,010,144 | 11,382,646 | 9,396,123 | 8,809,777 | 8,958,670 | 6,837,898 | 4,284,714 | 91,410 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | -23,944,427 | -9,737,030 | -7,090,526 | -4,802,904 | -3,794,706 | -1,929,280 | -5,797,170 | -1,540,864 |
| Interest Payable | 4,427,550 | 1,873,692 | 1,019,163 | 718,486 | 351,490 | 654,393 | 245,263 | |
| Interest Receivable | 6,439,613 | 541,996 | 378,656 | 391,286 | 397,594 | 360,518 | 381,423 | 18,357 |
| Pre-Tax Profit | -22,626,475 | -11,068,726 | -6,651,189 | -5,829,356 | -3,748,602 | -2,388,155 | -5,661,013 | -1,522,507 |
| Tax | 2,065,395 | 324,290 | 1,084,434 | 496,605 | 36,910 | 59,441 | -153,440 | |
| Profit After Tax | -20,561,080 | -10,744,436 | -5,566,755 | -5,332,751 | -3,711,692 | -2,328,714 | -5,814,453 | -1,522,507 |
| Dividends Paid | ||||||||
| Retained Profit | -20,561,080 | -10,744,436 | -5,566,755 | -5,332,751 | -3,711,692 | -2,328,714 | -5,814,453 | -1,522,507 |
| Employee Costs | 24,058,066 | 16,836,531 | 10,818,213 | 11,305,052 | 8,611,023 | 6,288,982 | 5,294,785 | 2,621,718 |
| Number Of Employees | 225 | 116 | 116 | 95 | 86 | 78 | 62 | 44 |
| EBITDA* | -23,495,497 | -9,737,030 | -7,090,526 | -4,802,904 | -3,794,706 | -1,929,280 | -5,797,170 | -1,540,864 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 53,606,653 | 39,590,356 | 40,616,766 | 43,109,654 | 46,652,547 | 29,141,363 | 29,123,944 | 31,253,300 |
| Intangible Assets | 9,882,785 | 17,401,318 | 17,167,265 | 15,148,134 | 14,495,298 | 14,261,658 | 14,261,658 | |
| Investments & Other | 53,348,543 | 39,283,355 | 39,826,188 | 42,884,700 | 45,483,574 | 29,141,363 | 29,109,960 | 31,253,300 |
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 63,489,438 | 56,991,674 | 57,784,031 | 58,257,788 | 61,147,845 | 43,403,021 | 43,385,602 | 31,253,300 |
| Stock & work in progress | ||||||||
| Trade Debtors | 6,981 | 37,781 | 108,082 | 5,449 | 3,892,461 | 24,955 | ||
| Group Debtors | 43,560,337 | 38,296,769 | 27,216,662 | 18,130,929 | 15,021,794 | 12,978,834 | 6,879,319 | 6,399,597 |
| Misc Debtors | 847,978 | 786,951 | 441,963 | 293,286 | 494,840 | 207,416 | 861,507 | 48,589 |
| Cash | 865,617 | 1,175,362 | 702,561 | 322,121 | 180,579 | 459,983 | 2,701,389 | 319,916 |
| misc current assets | ||||||||
| total current assets | 45,273,932 | 40,266,063 | 28,398,967 | 18,746,336 | 15,805,295 | 13,651,682 | 14,334,676 | 6,793,057 |
| total assets | 108,763,370 | 97,257,737 | 86,182,998 | 77,004,124 | 76,953,140 | 57,054,703 | 57,720,278 | 38,046,357 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 581,390 | 644,686 | 241,995 | 403,175 | 386,271 | 23,423 | 21,849,325 | 28,538 |
| Group/Directors Accounts | 7,847,888 | |||||||
| other short term finances | ||||||||
| hp & lease commitments | 1 | 226,928 | 287,784 | 279,893 | 422,703 | |||
| other current liabilities | 63,834,160 | 50,845,011 | 35,829,400 | 24,647,890 | 30,760,339 | 23,018,660 | 5,332,412 | |
| total current liabilities | 64,415,551 | 51,716,625 | 36,359,179 | 33,178,846 | 31,569,313 | 23,042,083 | 21,849,325 | 5,360,950 |
| loans | 453,856 | 1,029,424 | 1,589,210 | |||||
| hp & lease commitments | 226,928 | 514,712 | 794,605 | |||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 33,376,763 | 15,785,741 | 9,483,943 | |||||
| provisions | 11,624,004 | 8,070,474 | 7,296,756 | |||||
| total long term liabilities | 39,188,765 | 19,820,978 | 13,359,249 | 514,712 | 794,605 | |||
| total liabilities | 103,604,316 | 71,537,603 | 49,718,428 | 33,693,558 | 32,363,918 | 23,042,083 | 21,849,325 | 5,360,950 |
| net assets | 5,159,054 | 25,720,134 | 36,464,570 | 43,310,566 | 44,589,222 | 34,012,620 | 35,870,953 | 32,685,407 |
| total shareholders funds | 5,159,054 | 25,720,134 | 36,464,570 | 43,310,566 | 44,589,222 | 34,012,620 | 35,870,953 | 32,685,407 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -23,944,427 | -9,737,030 | -7,090,526 | -4,802,904 | -3,794,706 | -1,929,280 | -5,797,170 | -1,540,864 |
| Depreciation | 200,965 | |||||||
| Amortisation | 247,965 | |||||||
| Tax | 2,065,395 | 324,290 | 1,084,434 | 496,605 | 36,910 | 59,441 | -153,440 | |
| Stock | ||||||||
| Debtors | 5,317,614 | 11,394,295 | 9,272,191 | 2,799,499 | 2,433,017 | 1,558,412 | 5,160,146 | 6,473,141 |
| Creditors | -63,296 | 402,691 | -161,180 | 16,904 | 362,848 | -21,825,902 | 21,820,787 | 28,538 |
| Accruals and Deferred Income | 12,989,149 | 15,015,611 | 11,181,510 | -6,112,449 | 7,741,679 | 23,018,660 | -5,332,412 | 5,332,412 |
| Deferred Taxes & Provisions | 3,553,530 | 773,718 | 7,296,756 | |||||
| Cash flow from operations | -10,268,333 | 3,038,803 | -13,201,343 | 1,913,714 | -2,235,493 | 5,377,619 | -2,653,055 | |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 14,065,188 | -542,833 | -3,058,512 | -2,598,874 | 16,342,211 | 31,403 | -2,143,340 | 31,253,300 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -7,847,888 | 7,847,888 | ||||||
| Other Short Term Loans | ||||||||
| Long term loans | -453,856 | -575,568 | -559,786 | 1,589,210 | ||||
| Hire Purchase and Lease Commitments | -226,927 | -287,784 | -279,893 | -422,703 | 1,217,308 | |||
| other long term liabilities | 17,591,022 | 6,301,798 | 9,483,943 | |||||
| share issue | ||||||||
| interest | 2,012,063 | -1,331,696 | -640,507 | -327,200 | 46,104 | -293,875 | 136,160 | 18,357 |
| cash flow from financing | 19,376,158 | 4,228,462 | -1,139,154 | 10,592,294 | 17,140,916 | 176,506 | 9,136,159 | 34,226,271 |
| cash and cash equivalents | ||||||||
| cash | -309,745 | 472,801 | 380,440 | 141,542 | -279,404 | -2,241,406 | 2,381,473 | 319,916 |
| overdraft | ||||||||
| change in cash | -309,745 | 472,801 | 380,440 | 141,542 | -279,404 | -2,241,406 | 2,381,473 | 319,916 |
digital science & research solutions limited Credit Report and Business Information
Digital Science & Research Solutions Limited Competitor Analysis
Perform a competitor analysis for digital science & research solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in EC1M area or any other competitors across 12 key performance metrics.
digital science & research solutions limited Ownership
DIGITAL SCIENCE & RESEARCH SOLUTIONS LIMITED group structure
Digital Science & Research Solutions Limited has 3 subsidiary companies.
Ultimate parent company
GEORG VON HOLTZBRINCK GMBH & CO KG
#0018288
2 parents
DIGITAL SCIENCE & RESEARCH SOLUTIONS LIMITED
09984464
3 subsidiaries
digital science & research solutions limited directors
Digital Science & Research Solutions Limited currently has 6 directors. The longest serving directors include Dr Daniel Hook (Feb 2016) and Mr Christian Herzog (May 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Daniel Hook | United Kingdom | 47 years | Feb 2016 | - | Director |
| Mr Christian Herzog | United Kingdom | 51 years | May 2016 | - | Director |
| Mr Stephen Leicht | United Kingdom | 48 years | May 2016 | - | Director |
| Mr Mario Diwersy | Germany | 57 years | May 2019 | - | Director |
| Dr Fedor Zeyer | United Kingdom | 46 years | Jun 2024 | - | Director |
| Dr Mitchell, Alison | United Kingdom | 54 years | Jun 2024 | - | Director |
P&L
December 2023turnover
28m
+146%
operating profit
-23.9m
+146%
gross margin
52.9%
+0.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
5.2m
-0.8%
total assets
108.8m
+0.12%
cash
865.6k
-0.26%
net assets
Total assets minus all liabilities
digital science & research solutions limited company details
company number
09984464
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
70100 - Activities of head offices
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
the smithson 6 briset street, london, EC1M5NR
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
TAYLOR WESSING
digital science & research solutions limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to digital science & research solutions limited.
digital science & research solutions limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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digital science & research solutions limited Companies House Filings - See Documents
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