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Company No. 06993551 · Incorporated 18 Aug 2009

Hybrid News Limited

Registered name: HYBRID NEWS LIMITED

Part of Project Fusion Bidco Limited group

Hybrid News Limited made £5.3m profit in the year to 31 Dec 2025 (revenue not disclosed).

Hybrid News Limited reported £5.3m profit in the year to 31 Dec 2025, up 28% on the year before; its revenue was not disclosed. It had 105 employees. The company is classified under “advertising agencies” and is based in Bristol; we hold 3 years of its filed accounts.

Profit onlySection M · Professional, scientific and technical activitiesSIC 73110Advertising agencies
Status
Active
Location
Bristol, South West
Age
17 yrs · since 2009
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.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue
—
Not disclosed in filing
Profit
£5.3m
Growth ▲28.4%
Profit margin
—
 
Employees
105
Change ▼6.3%
Profit / employee
£50.1k
 
Profitable streak
3yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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&LProfit only
Profit & loss
Revenue (turnover)£18.7m£27.8m—
Cost of sales£11.9m£18.4m—
Gross profit£6.8m£9.4m—
Operating profit£3.3m£5.4m—
Profit before tax£3.3m£5.5m—
Profit after tax£2.5m£4.1m£5.3m
Profit (best available)£2.5m£4.1m£5.3m
Staff costs£4m£5.6m—
Employees (average)93112105
Ratios
Profit margin13.6%14.7%—
Gross margin36.2%33.9%—
Revenue per employee£201k£249k—
Profit per employee£27.2k£36.5k£50.1k
Growth (year on year)
Revenue growth—▲49.1%—
Profit growth—▲61.5%▲28.4%
Headcount growth—▲20.4%▼6.3%
Balance sheet — indirect signals, not revenue
Cash at bank£4.8m£4.7m£7.6m
Net assets£5m£4.1m£6.8m
Fixed assets£516k£439k£347k
Current assets£12.4m£14.4m£18.7m
Debtors£2.3m£2.7m£2.6m
Deferred income£4.8m£7.3m£7.2m
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£50.1k
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.
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
▲67%
Now £6.8m
Cash at bank
▲60%
Now £7.6m
Headcount
▼6%
Now 105
Deferred income
▼1%
Now £7.2m
Fixed assets
▼21%
Now £347k

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. Project Fusion Bidco Limitedultimate parent75–100%
  2. Hybrid News 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 £5.3m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 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.