Hope's Auction Company,limited
Registered name: HOPE'S AUCTION COMPANY,LIMITED
Hope's Auction Company,limited made £1.8m revenue and £397k profit in the year to 31 Mar 2026. read from filing text
Hope's Auction Company,limited’s revenue grew 23% to £1.8m in the year to 31 Mar 2026, with £397k profit and 24 employees. The company is classified under “other business support service activities” and is based in Wigton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wigton, North West
- Age
- 129 yrs · since 1897
- 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 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| 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) | £1.2m | £1.3m | £1.5m | £1.8m |
| Operating profit | £259k | £308k | £1.7m | £453k |
| Profit before tax | £186k | £220k | £1.6m | £397k |
| Profit after tax | £186k | £220k | £1.6m | £397k |
| Profit (best available) | £186k | £220k | £1.6m | £397k |
| Staff costs | £482k | £510k | £564k | £609k |
| Employees (average) | 24 | 23 | 23 | 24 |
| Ratios | ||||
| Profit margin | 15.4% | 17.1% | 108.1% | 22% |
| Revenue per employee | £50.2k | £55.9k | £64.1k | £75.3k |
| Profit per employee | £7.7k | £9.6k | £69.3k | £16.5k |
| Cash conversion | −149.3% | −112.7% | −10.7% | −28% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6.8% | ▲14.7% | ▲22.7% |
| Profit growth | — | ▲18.4% | ▲624.7% | ▼75.1% |
| Headcount growth | — | ▼4.2% | 0% | ▲4.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £36.6k | £15.4k | £63.1k | £114k |
| Net assets | £2.8m | £3m | £4.6m | £5m |
| Fixed assets | £3.2m | £3.3m | £4.7m | £4.7m |
| Current assets | £1.2m | £1.7m | £1.9m | £2.7m |
| Debtors | £1.1m | £1.6m | £1.7m | £2.5m |
| Deferred income | £61.1k | £60.1k | £74.6k | £91k |
| Cash from operations | −£387k | −£347k | −£182k | −£127k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 22%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £75.3k
- Revenue ÷ average employees.
- Profit per employee
- £16.5k
- Profit ÷ average employees.
- Cash conversion
- −28%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 261.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 138%
- 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
- ▲8%
- Now £5m
- Cash at bank
- ▲80%
- Now £114k
- Headcount
- ▲4%
- Now 24
- Deferred income
- ▲22%
- Now £91k
- Fixed assets
- ▲0%
- Now £4.7m
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 Mar 2026 (profit £397k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.