Digital Group 1 Ltd

Digital Group 1 Ltd is a small, active company from London, UK, founded four years ago in 2020. It employs just one person and holds £802,460 in assets, operating from a virtual address. The company is managed by four directors and owned by two individuals. It regularly imports jewelry, precious stones, and metals – 9 months of import activity recorded, the latest in January 2025 – while irregularly exporting machinery parts, with just one month of export activity as of August 2024.

The company’s website reveals a broad range of IT services and solutions, including consulting, managed services, data solutions, and software development. It caters to various industries, from law and regulatory compliance to healthcare and manufacturing, offering a suite of products and services designed to streamline business operations and enhance productivity. The website also highlights a focus on mobility solutions, enterprise search, and business process outsourcing, suggesting a diverse portfolio of offerings.

Financially, Digital Group 1 Ltd shows some interesting trends. Cash reserves increased significantly, jumping 740% to £290,000, a positive sign. However, net assets also grew substantially, increasing by 320% to £390,000, which could be due to increased liabilities. Creditors rose 62% to £430,000, and trade debtors increased 10% to £120,000. The number of employees reported increased by a staggering 300% to four, which might reflect a recent expansion or changes in reporting practices. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it remain flexible. With no auditor mentioned, the unaudited financial statements rely on director-reported data.

Overall, Digital Group 1 Ltd appears to be growing, but the increase in liabilities should be monitored. The company’s diverse service offerings and focus on technology suggest a promising future, although careful management of finances will be crucial for long-term success.

Registered in England/Wales under the registration number 12817983, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.