How much does Hickman & Love (Tipton) Limited make?

Hickman & Love (Tipton) Limited reported revenue of £12.5m and £765k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Hickman & Love (Tipton) Limited have?

Hickman & Love (Tipton) Limited reported an average of 63 employees in the year to 31 Mar 2025.

Is Hickman & Love (Tipton) Limited profitable?

Yes — Hickman & Love (Tipton) Limited reported a profit of £765k in the year to 31 Mar 2025.

Company No. 00343941 · Incorporated 1 Sep 1938

Hickman & Love (Tipton) Limited

Registered name: HICKMAN & LOVE (TIPTON) LIMITED

Hickman & Love (Tipton) Limited made £12.5m revenue and £765k profit in the year to 31 Mar 2025. read from filing text

Hickman & Love (Tipton) Limited’s revenue fell 5% to £12.5m in the year to 31 Mar 2025, with £765k profit and 63 employees. The company is classified under “machining” and is based in West Midlands; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25620Machining

Status: Active
Location: West Midlands, West Midlands
Age: 88 yrs · since 1938
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “In the opinion of the director”

Latest accounts · year to 31 Mar 2025

Key figures

Cash flow filed

Revenue

£12.5m

Growth ▼5.5%

Profit

£765k

Growth ▲45.5%

Profit margin

6.1%

Gross 31.6%

Employees

Change ▼11.3%

Profit / employee

£12.1k

Revenue/employee £199k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£16.5m	£19.3m	£13.2m	£12.5m
Cost of sales	£11.2m	£12.8m	£9.3m	£8.6m
Gross profit	£5.3m	£6.5m	£3.9m	£4m
Operating profit	£1.6m	£2m	£725k	£1.1m
Profit before tax	£1.6m	£2m	£702k	£1.1m
Profit after tax	£1.3m	£1.5m	£525k	£765k
Profit (best available)	£1.3m	£1.5m	£525k	£765k
Staff costs	£3.9m	£4.6m	£3.4m	£3m
Employees (average)	65	72	71	63
Ratios
Profit margin	7.8%	8%	4%	6.1%
Gross margin	32.3%	33.6%	29.5%	31.6%
Revenue per employee	£254k	£268k	£187k	£199k
Profit per employee	£19.7k	£21.5k	£7.4k	£12.1k
Cash conversion	−104%	−150.7%	−118.1%	−120.9%
Growth (year on year)
Revenue growth	—	▲16.7%	▼31.2%	▼5.5%
Profit growth	—	▲21%	▼66%	▲45.5%
Headcount growth	—	▲10.8%	▼1.4%	▼11.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.3m	£4.4m	£4.2m	£4.7m
Net assets	£4.8m	£7.3m	£7.8m	£8.5m
Fixed assets	£2.5m	£4.1m	£19.8k	£4m
Current assets	£8.3m	£8.9m	£7.5m	£8.4m
Debtors	£3.3m	£2.6m	£1.9m	£2m
Deferred income	£861k	£1.2m	£226k	£121k
Cash from operations	−£1.6m	−£3m	−£856k	−£1.3m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 6.1%; Profit ÷ revenue.
Gross margin: 31.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £199k; Revenue ÷ average employees.
Profit per employee: £12.1k; Profit ÷ average employees.
Cash conversion: −120.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 31.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.1%; 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: ▲9%; Now £8.5m
Cash at bank: ▲12%; Now £4.7m
Headcount: ▼11%; Now 63
Deferred income: ▼46%; Now £121k
Fixed assets: ▲20137%; Now £4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (1)

Midlands CNC LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £765k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 11 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.