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Company No. 03512877 · Incorporated 18 Feb 1998

Hi-Wire Limited

Registered name: HI-WIRE LIMITED

Part of Ls Corp group

Hi-Wire Limited made £14.9m revenue and £466k profit in the year to 31 Dec 2025.

Hi-Wire Limited’s revenue grew 9% to £14.9m in the year to 31 Dec 2025, with £466k profit and 26 employees. The company is classified under “manufacture of other electronic and electric wires and cables” and is based in Castleford; we hold 3 years of its filed accounts.

Status
Active
Location
Castleford, Yorkshire and The Humber
Age
28 yrs · since 1998
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: “The company's immediate parent is Essex Solutions Europe LLC (United States).The smallest group into which the company's financial statements are consolidated is Essex Solutions Inc. The consolidated ”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightDoing more with less
Revenue
£14.9m
Growth ▲8.7%
Profit
£466k
Growth ▼4%
Profit margin
3.1%
Gross 19.4%
Employees
26
Change ▼7.1%
Profit / employee
£17.9k
Revenue/employee £573k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£14.9m£13.7m£14.9m
Cost of sales£11.7m£10.9m£12m
Gross profit£3.2m£2.9m£2.9m
Operating profit£542k£418k£404k
Profit before tax£646k£500k£449k
Profit after tax£481k£486k£466k
Profit (best available)£481k£486k£466k
Staff costs£1.2m£1.2m£1.4m
Employees (average)282826
Ratios
Profit margin3.2%3.5%3.1%
Gross margin21.4%20.8%19.4%
Revenue per employee£532k£490k£573k
Profit per employee£17.2k£17.3k£17.9k
Growth (year on year)
Revenue growth—▼8%▲8.7%
Profit growth—▲1%▼4%
Headcount growth—0%▼7.1%
Balance sheet — indirect signals, not revenue
Cash at bank£1.4m£1.9m£2.3m
Net assets£9.7m£10.2m£10.7m
Fixed assets£639k£636k£616k
Current assets£10.6m£10.3m£10.9m
Debtors£3m£2.6m£3.9m
Deferred income£132k£107k£70.5k
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
3.1%
Profit ÷ revenue.
Gross margin
19.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£573k
Revenue ÷ average employees.
Profit per employee
£17.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
26.1%
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
▲5%
Now £10.7m
Cash at bank
▲23%
Now £2.3m
Headcount
▼7%
Now 26
Deferred income
▼34%
Now £70.5k
Fixed assets
▼3%
Now £616k

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

Ownership chain

  1. Ls Corp (registered outside the UK register)ultimate parent75–100%
  2. Hi-Wire Limitedthis company

Bands show the share of ownership each company holds in the one below it.

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £466k), from the Companies House accounts bulk data published Jul 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.