Hays Foreign Exchange Limited
Registered name: HAYS FOREIGN EXCHANGE LIMITED
Part of Hays Travel Group Limited groupHays Foreign Exchange Limited made £26.6m revenue and £9.2m profit in the year to 30 Apr 2025.
Hays Foreign Exchange Limited’s revenue grew 7% to £26.6m in the year to 30 Apr 2025, with £9.2m profit and 416 employees. The company is classified under “travel agency activities” and is based in Sunderland; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Sunderland
- Age
- 29 yrs · since 1996
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £21.5m | £24.8m | £26.6m |
| Cost of sales | −£4.1m | −£4.8m | −£3.5m |
| Gross profit | £17.5m | £20m | £23.2m |
| Operating profit | £12.8m | £12.6m | £12.1m |
| Profit before tax | £12.8m | £12.6m | £12.3m |
| Profit after tax | £9.8m | £9.3m | £9.2m |
| Profit (best available) | £9.8m | £9.3m | £9.2m |
| Employees (average) | 245 | 301 | 416 |
| Ratios | |||
| Profit margin | 45.5% | 37.4% | 34.5% |
| Gross margin | 81.1% | 80.5% | 87% |
| Revenue per employee | £87.9k | £82.6k | £64k |
| Profit per employee | £40k | £30.9k | £22.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲15.4% | ▲7.2% |
| Profit growth | — | ▼5.1% | ▼1.2% |
| Headcount growth | — | ▲22.9% | ▲38.2% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 | Accounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 34.5%
- Profit ÷ revenue.
- Gross margin
- 87%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £64k
- Revenue ÷ average employees.
- Profit per employee
- £22.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲38%
- Now 416
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Hays Travel Group Limitedultimate parent75–100%
- Hays Travel Limited75–100%
- Hays Foreign Exchange Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (17)
- Inspearational Travels LimitedRev. £4.1m · Profit £317k
- Hays Beds LimitedFigures not disclosed
- Hays Property Services LimitedFigures not disclosed
- Hays Tour Operating LimitedFigures not disclosed
- Hays Transfers LimitedFigures not disclosed
- Hays Transport LimitedFigures not disclosed
- John Stewart Travel LtdFigures not disclosed
- Just Go Travel LimitedFigures not disclosed
- L.a.h. Travel LimitedFigures not disclosed
- Miles Away LimitedFigures not disclosed
- Polka Dot Travel LimitedFigures not disclosed
- Rebecca Holt Travel LimitedFigures not disclosed
- The Holiday and Flight Centre LimitedFigures not disclosed
- The Independent Travel Company LimitedFigures not disclosed
- The Original Travel House LimitedFigures not disclosed
- Trusted Package Company LtdFigures not disclosed
- Victoria Travel Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Apr 2025 (profit £9.2m), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.
Updated from Companies House on 19 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.