Hal Leonard Europe Limited
Registered name: HAL LEONARD EUROPE LIMITED
Hal Leonard Europe Limited made £4.4m revenue and £2.4m profit in the year to 31 Dec 2025. read from filing text
Hal Leonard Europe Limited’s revenue fell 20% to £4.4m in the year to 31 Dec 2025, with £2.4m profit and 57 employees. The company is classified under “book publishing” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £5.3m | £5.3m | £5.5m | £4.4m |
| Cost of sales | £3m | £2.8m | £3.3m | £3.1m |
| Gross profit | £2.3m | £2.5m | £2.3m | £1.4m |
| Operating profit | £735k | £2.1m | £3.1m | £2.4m |
| Profit before tax | £735k | £2.1m | £3.1m | £2.4m |
| Profit after tax | £735k | £2.1m | £3.1m | £2.4m |
| Profit (best available) | £735k | £2.1m | £3.1m | £2.4m |
| Staff costs | £4.1m | £3.6m | £2.5m | £2.2m |
| Employees (average) | 96 | 77 | 64 | 57 |
| Ratios | ||||
| Profit margin | 13.8% | 40.6% | 55.9% | 55% |
| Gross margin | 43.3% | 46.4% | 40.8% | 30.9% |
| Revenue per employee | £55.7k | £68.7k | £86.3k | £77.9k |
| Profit per employee | £7.7k | £27.9k | £48.3k | £42.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼1.1% | ▲4.4% | ▼19.6% |
| Profit growth | — | ▲192.1% | ▲43.8% | ▼20.9% |
| Headcount growth | — | ▼19.8% | ▼16.9% | ▼10.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.6m | £2.5m | £4m | £6.5m |
| Net assets | £11.9m | £5.5m | £8.6m | £11m |
| Fixed assets | £381k | £201k | £162k | £260k |
| Current assets | £15.7m | £10.4m | £12.3m | £16.7m |
| Debtors | £37.7k | £28.7k | £38.4k | £273k |
| Deferred income | £3.7m | £4.5m | £3.3m | £4.4m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 55%
- Profit ÷ revenue.
- Gross margin
- 30.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £77.9k
- Revenue ÷ average employees.
- Profit per employee
- £42.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 99.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.2%
- 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
- ▲28%
- Now £11m
- Cash at bank
- ▲62%
- Now £6.5m
- Headcount
- ▼11%
- Now 57
- Deferred income
- ▲35%
- Now £4.4m
- Fixed assets
- ▲61%
- Now £260k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.4m), 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.