Hid Corporation Limited
Registered name: HID CORPORATION LIMITED
Part of Assa Abloy Ab groupHid Corporation Limited made £109m revenue and a £106k loss in the year to 31 Dec 2025.
Hid Corporation Limited’s revenue grew 8% to £109m in the year to 31 Dec 2025, with a loss of £106k. The company is classified under “manufacture of other electrical equipment” and is based in Cardiff; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Cardiff
- Age
- 28 yrs · since 1998
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £113m | £101m | £109m |
| Cost of sales | −£68.9m | −£59.3m | −£59.1m |
| Gross profit | £43.9m | £41.9m | £50.2m |
| Operating profit | £5.8m | £2.8m | £5.5m |
| Profit before tax | £4.5m | −£11.6m | £1.2m |
| Profit after tax | £4.9m | −£11.8m | −£106k |
| Profit (best available) | £4.9m | −£11.8m | −£106k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 4.3% | −11.6% | −0.1% |
| Gross margin | 38.9% | 41.4% | 46% |
| Growth (year on year) | |||
| Revenue growth | — | ▼10.3% | ▲8% |
| Profit growth | — | ▼340% | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jan 2026 | Accounts · bulk data Jan 2026 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- −0.1%
- Profit ÷ revenue.
- Gross margin
- 46%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Assa Abloy Ab (registered outside the UK register)ultimate parent75–100%
- Hid Corporation Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Access LimitedRev. £15.5m · Profit £1.1m
- Third Millennium Systems LimitedRev. £4m · Profit £939k
- Technology Solutions (UK) LimitedRev. £3.5m · Profit £239k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£106k), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 21 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.