Hats Group Ltd
Registered name: HATS GROUP LTD
Part of Summit Healthcare Holdings Limited groupHats Group Ltd made £93.3m revenue and £3.1m profit in the year to 31 Aug 2025.
Hats Group Ltd’s revenue grew 18% to £93.3m in the year to 31 Aug 2025, with £3.1m profit and 1,963 employees. The company is classified under “other passenger land transport” and is based in Amersham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Amersham, South East
- Age
- 30 yrs · since 1995
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £69.9m | £79.3m | £79.4m | £93.3m |
| Cost of sales | £48.6m | £51.4m | £46.5m | £55.8m |
| Gross profit | £21.3m | £27.9m | £33m | £37.5m |
| Operating profit | £2.9m | £4m | £4.6m | £5.7m |
| Profit before tax | £2.9m | £2.9m | £3.1m | £4.2m |
| Profit after tax | £2.6m | £1.8m | £2.2m | £3.1m |
| Profit (best available) | £2.6m | £1.8m | £2.2m | £3.1m |
| Staff costs | £29m | £38.9m | £40.9m | £49.8m |
| Employees (average) | 1,780 | 1,893 | 1,852 | 1,963 |
| Ratios | ||||
| Profit margin | 3.7% | 2.3% | 2.8% | 3.3% |
| Gross margin | 30.4% | 35.2% | 41.5% | 40.2% |
| Revenue per employee | £39.3k | £41.9k | £42.9k | £47.6k |
| Profit per employee | £1.5k | £963 | £1.2k | £1.6k |
| Cash conversion | −209.7% | −186.9% | −64.9% | −190.9% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲13.4% | ▲0.2% | ▲17.5% |
| Profit growth | — | ▼29.4% | ▲20.3% | ▲41.2% |
| Headcount growth | — | ▲6.3% | ▼2.2% | ▲6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5.1m | £5.2m | £1.1m | £5.3m |
| Net assets | £10.9m | £12.7m | £14.9m | £18m |
| Fixed assets | £19.3m | £24.2m | £23.5m | £26.7m |
| Current assets | £15m | £14.5m | £15.9m | £22.3m |
| Debtors | £4.8m | £3.3m | £5.5m | £7.3m |
| Deferred income | £3m | £2.7m | £4m | £3.6m |
| Cash from operations | −£6m | −£7.4m | −£3m | −£10.9m |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 3.3%
- Profit ÷ revenue.
- Gross margin
- 40.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £47.6k
- Revenue ÷ average employees.
- Profit per employee
- £1.6k
- Profit ÷ average employees.
- Cash conversion
- −190.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 28.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.8%
- Money owed by customers. Low = customers pay quickly.
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
- ▲21%
- Now £18m
- Cash at bank
- ▲400%
- Now £5.3m
- Headcount
- ▲6%
- Now 1,963
- Deferred income
- ▼11%
- Now £3.6m
- Fixed assets
- ▲13%
- Now £26.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Summit Healthcare Holdings Limitedultimate parent75–100%
- Ascent Healthcare Holdings Limited75–100%
- Hats Group Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Hats (On Demand) LtdFigures not disclosed
- Healthcare and Transport Services LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Ers Transition - Trading As Emed Group LimitedLeeds · Other passenger land transport
- Revenue
- £74.6m
- Profit
- £2.5m
- Staff
- 1,589
- Parks of Hamilton (Coach Hirers) LimitedHamilton · Other passenger land transport
- Revenue
- £33.8m
- Profit
- £4.5m
- Staff
- 354
- Ensign Bus Company LimitedAveley South Ockendon · Other passenger land transport
- Revenue
- £32.3m
- Profit
- £3m
- Staff
- 204
Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £3.1m), from the Companies House accounts bulk data published Feb 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.