Hovis Group Ltd
Registered name: HOVIS GROUP LTD
Part of Associated British Foods PLC groupHovis Group Ltd made £430m revenue and a £20.5m loss in the year to 27 Sep 2025.
Hovis Group Ltd’s revenue fell 4% to £430m in the year to 27 Sep 2025, with a loss of £20.5m and 3,009 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2020
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Sep 2023 | 27 Sep 2024 | 28 Sep 2024 | 27 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | ||||
| Revenue (turnover) | £489m | £447m | £447m | £430m |
| Cost of sales | −£386m | −£347m | −£347m | −£334m |
| Gross profit | £103m | £99.4m | £99.4m | £96.4m |
| Operating profit | £3.2m | £2.5m | £2.9m | −£8.7m |
| Profit before tax | −£3.6m | −£7.9m | −£4.7m | −£20.3m |
| Profit after tax | −£3.6m | −£7.9m | −£4.7m | −£20.5m |
| Profit (best available) | −£3.6m | −£7.9m | −£4.7m | −£20.5m |
| Employees (average) | 2,908 | 2,925 | 2,925 | 3,009 |
| Ratios | ||||
| Profit margin | −0.7% | −1.8% | −1.1% | −4.8% |
| Gross margin | 21% | 22.3% | 22.3% | 22.4% |
| Revenue per employee | £168k | £153k | £153k | £143k |
| Profit per employee | −£1.2k | −£2.7k | −£1.6k | −£6.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼8.6% | — | ▼3.8% |
| Headcount growth | — | ▲0.6% | — | ▲2.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2026 | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −4.8%
- Profit ÷ revenue.
- Gross margin
- 22.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £143k
- Revenue ÷ average employees.
- Profit per employee
- −£6.8k
- 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
- ▲3%
- Now 3,009
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Associated British Foods PLCultimate parent75–100%
- Abf Investments PLC75–100%
- A.b.f.holdings Limited75–100%
- Sunblest Bakeries Limited75–100%
- Abf Grain Products Limited75–100%
- Hovis Group Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Hovis Investments LtdFigures not disclosed
Sister companies (5)
- Acetum (UK) LimitedFigures not disclosed
- Allied Mills LimitedFigures not disclosed
- Dorset Cereals LimitedFigures not disclosed
- H 5 LimitedFigures not disclosed
- Reflex Nutrition LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 27 Sep 2025 (profit −£20.5m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 Oct 2026