CompanyTrack
D

DEXT MIDCO LIMITED

Active London

Activities of other holding companies n.e.c.

434 employees Website
Financial services Activities of other holding companies n.e.c.
D

DEXT MIDCO LIMITED

Activities of other holding companies n.e.c.

Founded 15 Apr 2021 Active London, United Kingdom 434 employees dext.com
Financial services Activities of other holding companies n.e.c.
Accounts Submitted 3 Oct 2025
Confirmation Statement Submitted 17 Apr 2025
Net assets £128.58M £157.41M 2023 year on year
Total assets £187.27M £113.92M 2023 year on year
Total Liabilities £58.70M £43.49M 2023 year on year
Charges None No charges registered

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Contact & Details

Registered Address

Unit 2.1 Techspace Shoreditch 25 Luke Steet London EC2A 4DS United Kingdom

Office (Altrincham)

3rd Floor, 1 Ashley Rd, Cheshire, Altrincham WA14 2DT

Website

dext.com

Credit Report

Discover DEXT MIDCO LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2021–2023)

Cash in Bank

£17.31M

Net Assets

£128.58M

Decreased by £157.41M (-55%)

Total Liabilities

£58.70M

Increased by £43.49M (+286%)

Turnover

£59.74M

Employees

434

Debt Ratio

31%

Increased by 26 (+520%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

4 Allotments 212,176,398 Shares £273.57m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
30 Sept 20222£1.56m£780k
30 Sept 20222£59.84m£29.92m
6 May 2021200,758,050£200.76m£1
6 May 202111,418,344£11.42m£1

Officers

Officers

3 active 3 resigned
Status
Michael David CoxDirectorBritishUnited Kingdom4320 Dec 2024Active
Oakwood Corporate Secretary LimitedCorporate-secretaryUnited KingdomUnknown14 Feb 2022Active
Stephanie Ann KellyDirectorBritishEngland5414 Aug 2025Active

Shareholders

Shareholders (1)

Dext Topco Limited
100.0%
212,176,49818 Apr 2023

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Iris Capital Limited

United Kingdom

Active
Notified 20 Dec 2024
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Hg Pooled Management Limited

Ceased 20 Dec 2024

Ceased

Michael David Cox

Ceased 14 Aug 2025

Ceased

Hg Incorporations Limited

Ceased 5 May 2021

Ceased

Group Structure

Group Structure

IRIS CAPITAL LIMITED united kingdom shares 75 to 100 percent
IRIS BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
IRIS DEBTCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
IRIS MIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PERENNIAL NEWCO 2 LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ELEMENTS BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HG POOLED MANAGEMENT LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ELEMENTS FINCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
GROUP HOLDCO 1 LIMITED united kingdom
ELEMENTS MIDCO 2 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ELEMENTS MIDCO 1 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ELEMENTS HOLDCO 2 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
DEXT MIDCO LIMITED Current Company
DEXT HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

No charges registered

Documents

Company Filings

DateCategoryDescriptionDocument
3 Oct 2025AccountsAnnual accounts made up to 2024-12-31View(42 pages)
19 Sept 2025Persons With Significant ControlCessation of Michael David Cox as a person with significant control on 2025-08-14View(1 page)
14 Aug 2025OfficersAppointment of Mrs Stephanie Ann Kelly as director on 2025-08-14View(2 pages)
16 Jun 2025Persons With Significant ControlMichael David Cox notified as a person with significant controlView(2 pages)
13 Jun 2025OfficersTermination of David James Lockie as director on 2025-05-31View(1 page)
3 Oct 2025 Accounts

Annual accounts made up to 2024-12-31

19 Sept 2025 Persons With Significant Control

Cessation of Michael David Cox as a person with significant control on 2025-08-14

14 Aug 2025 Officers

Appointment of Mrs Stephanie Ann Kelly as director on 2025-08-14

16 Jun 2025 Persons With Significant Control

Michael David Cox notified as a person with significant control

13 Jun 2025 Officers

Termination of David James Lockie as director on 2025-05-31

Recent Activity

Latest Activity

Annual accounts made up to 2024-12-31

4 months ago on 3 Oct 2025

Cessation of Michael David Cox as a person with significant control on 2025-08-14

5 months ago on 19 Sept 2025

Appointment of Mrs Stephanie Ann Kelly as director on 2025-08-14

6 months ago on 14 Aug 2025

Michael David Cox notified as a person with significant control

8 months ago on 16 Jun 2025

Termination of David James Lockie as director on 2025-05-31

8 months ago on 13 Jun 2025