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Company No. 01784071 · Incorporated 18 Jan 1984

Hg&co Ltd

Registered name: HG&CO LTD

Hg&co Ltd made £40m revenue and £1.5m profit in the year to 31 Mar 2026. read from filing text

Hg&co Ltd’s revenue fell 5% to £40m in the year to 31 Mar 2026, with £1.5m profit and 120 employees. The company is classified under “other manufacturing” and is based in Essex; we hold 5 years of its filed accounts.

Status
Active
Location
Essex, East of England
Age
42 yrs · since 1984
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: “As at the”

Latest accounts · year to 31 Mar 2026

Key figures

Revenue
£40m
Growth ▼4.6%
Profit
£1.5m
Growth ▼13.3%
Profit margin
3.7%
Gross 39.9%
Employees
120
Change ▼4%
Profit / employee
£12.4k
Revenue/employee £334k
Profitable streak
5yrs
Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 202531 Mar 2026
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£50.6m£51.9m£44.7m£42m£40m
Cost of sales£30.1m£32.5m£27.3m£24.6m£24.1m
Gross profit£20.5m£19.5m£17.4m£17.4m£16m
Operating profit£3.7m£2.5m£2.5m£2.3m£2m
Profit before tax£3.6m£2.6m£2.4m£2.3m£2m
Profit after tax£3.1m£2.2m£1.8m£1.7m£1.5m
Profit (best available)£3.1m£2.2m£1.8m£1.7m£1.5m
Staff costs£8.9m£8.2m£7m£7.8m—
Employees (average)127130128125120
Ratios
Profit margin6%4.3%4.1%4.1%3.7%
Gross margin40.5%37.5%39%41.5%39.9%
Revenue per employee£398k£400k£349k£336k£334k
Profit per employee£24k£17.1k£14.3k£13.8k£12.4k
Cash conversion−118.8%−20.2%−125%−86.1%—
Growth (year on year)
Revenue growth—▲2.6%▼14%▼6.1%▼4.6%
Profit growth—▼27.2%▼17.8%▼5.8%▼13.3%
Headcount growth—▲2.4%▼1.5%▼2.3%▼4%
Balance sheet — indirect signals, not revenue
Cash at bank£8.3m£7.1m£7.5m£5.4m£6.9m
Net assets£17.8m£19.9m£21.6m£20.4m£21.8m
Fixed assets£11.9m£11.9m£12.6m£12.4m£11.9m
Current assets£22.2m£21.2m£20m£18.2m£20.2m
Debtors£9m£7.6m£5.8m£6.4m£7.2m
Deferred income£6.8m£4.8m£3.4m£2.9m£2.6m
Cash from operations−£4.3m−£503k−£3.1m−£2m—
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Aug 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
3.7%
Profit ÷ revenue.
Gross margin
39.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£334k
Revenue ÷ average employees.
Profit per employee
£12.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
29.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
6.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
17.9%
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
▲7%
Now £21.8m
Cash at bank
▲28%
Now £6.9m
Headcount
▼4%
Now 120
Deferred income
▼12%
Now £2.6m
Fixed assets
▼4%
Now £11.9m

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 (15)

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

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £1.5m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.