How much does Hargreaves Services Europe Limited make?

Hargreaves Services Europe Limited reported revenue of £286m and £2.1m profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Hargreaves Services Europe Limited have?

Hargreaves Services Europe Limited reported an average of 323 employees in the year to 31 May 2025.

Is Hargreaves Services Europe Limited profitable?

Yes — Hargreaves Services Europe Limited reported a profit of £2.1m in the year to 31 May 2025.

Company No. 07785110 · Incorporated 23 Sep 2011

Hargreaves Services Europe Limited

Registered name: HARGREAVES SERVICES EUROPE LIMITED

Part of Hargreaves Services PLC group

Hargreaves Services Europe Limited made £286m revenue and £2.1m profit in the year to 31 May 2025.

Hargreaves Services Europe Limited’s revenue fell 15% to £286m in the year to 31 May 2025, with £2.1m profit and 323 employees. The company is classified under “other service activities” and is based in Newcastle Upon Tyne; we hold 3 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

Status: Active
Location: Newcastle Upon Tyne, North East
Age: 15 yrs · since 2011
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 May 2025

Key figures

Revenue

£286m

Growth ▼14.9%

Profit

£2.1m

Growth ▲21.8%

Profit margin

0.7%

Gross 17.8%

Employees

323

Change ▲1.3%

Profit / employee

£6.4k

Revenue/employee £886k

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 to	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£511m	£336m	£286m
Cost of sales	−£437m	−£290m	−£235m
Gross profit	£74.1m	£46.5m	£51m
Operating profit	£33.3m	£7.3m	£9.4m
Profit before tax	£29.8m	£2.3m	£5.3m
Profit after tax	£18m	£1.7m	£2.1m
Profit (best available)	£18m	£1.7m	£2.1m
Employees (average)	303	319	323
Ratios
Profit margin	3.5%	0.5%	0.7%
Gross margin	14.5%	13.8%	17.8%
Revenue per employee	£1.7m	£1.1m	£886k
Profit per employee	£59.4k	£5.3k	£6.4k
Growth (year on year)
Revenue growth	—	▼34.2%	▼14.9%
Profit growth	—	▼90.5%	▲21.8%
Headcount growth	—	▲5.3%	▲1.3%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data May 2025	Accounts · bulk data May 2025	Accounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 0.7%; Profit ÷ revenue.
Gross margin: 17.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £886k; Revenue ÷ average employees.
Profit per employee: £6.4k; 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: —; Now —
Cash at bank: —; Now —
Headcount: ▲1%; Now 323
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Hargreaves Services PLCultimate parent75–100%
Hargreaves Services Europe Limitedthis company

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

Sister companies (14)

Blackwell Earthmoving LimitedFigures not disclosed
C.a. Blackwell Group LimitedFigures not disclosed
Coal 4 Energy LimitedFigures not disclosed
Forward Sound LimitedFigures not disclosed
H Technical Resources LimitedFigures not disclosed
Hargreaves (UK) LimitedFigures not disclosed
Hargreaves Carbon Products Europe LimitedFigures not disclosed
Hargreaves Corporate Director LimitedFigures not disclosed
Hargreaves Industrial Services LimitedFigures not disclosed
Hargreaves Land Group LimitedFigures not disclosed
Hargreaves Land Holdings LimitedFigures not disclosed
Hargreaves Pension Company LimitedFigures not disclosed
Hesott LimitedFigures not disclosed
R. Hanson & Son LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 May 2025 (profit £2.1m), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Updated from Companies House on 23 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.