How much does F.W. Hipkin Limited make?

F.W. Hipkin Limited reported revenue of £35.2m and £1.5m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does F.W. Hipkin Limited have?

F.W. Hipkin Limited reported an average of 77 employees in the year to 31 Dec 2025.

Is F.W. Hipkin Limited profitable?

Yes — F.W. Hipkin Limited reported a profit of £1.5m in the year to 31 Dec 2025.

Company No. 00322577 · Incorporated 1 Jan 1937

F.W. Hipkin Limited

Registered name: F.W. HIPKIN LIMITED

Part of Hipkin Holdings Limited group

F.W. Hipkin Limited made £35.2m revenue and £1.5m profit in the year to 31 Dec 2025.

F.W. Hipkin Limited’s revenue grew 19% to £35.2m in the year to 31 Dec 2025, with £1.5m profit and 77 employees. The company is classified under “non-specialised wholesale trade” and is based in Dagenham; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Dagenham, London
Age: 89 yrs · since 1937
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. From the filing: “Hipkin Holdings Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Operating leverageCash flow filed

Revenue

£35.2m

Growth ▲19%

Profit

£1.5m

Growth ▲71.9%

Profit margin

4.3%

Gross 24.3%

Employees

Change ▲10%

Profit / employee

£19.8k

Revenue/employee £457k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£25.1m	£26.5m	£29.6m	£35.2m
Cost of sales	£18.6m	£19.7m	£22.2m	£26.7m
Gross profit	£6.5m	£6.8m	£7.4m	£8.6m
Operating profit	—	—	£1.6m	£2.4m
Profit before tax	£1.8m	£1.7m	£1.3m	£2.1m
Profit after tax	£1.4m	£1.3m	£885k	£1.5m
Profit (best available)	£1.4m	£1.3m	£885k	£1.5m
Staff costs	£2.5m	£2.8m	£3.2m	£3.5m
Employees (average)	61	66	70	77
Ratios
Profit margin	5.7%	4.8%	3%	4.3%
Gross margin	25.8%	25.5%	25.1%	24.3%
Revenue per employee	£411k	£401k	£423k	£457k
Profit per employee	£23.2k	£19.2k	£12.6k	£19.8k
Cash conversion	—	—	110.5%	98.1%
Growth (year on year)
Revenue growth	—	▲5.5%	▲11.9%	▲19%
Profit growth	—	▼10.5%	▼30.2%	▲71.9%
Headcount growth	—	▲8.2%	▲6.1%	▲10%
Balance sheet — indirect signals, not revenue
Cash at bank	£92k	£76.6k	£67.3k	£67.2k
Net assets	£6.5m	£6.5m	£6.7m	£6.8m
Fixed assets	£4.7m	£4.7m	£6.9m	£7m
Current assets	£8.9m	£10.4m	£11.5m	£12.4m
Debtors	£4.1m	£4.2m	£4.7m	£5.1m
Cash from operations	£1.8m	£933k	£1.8m	£2.4m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 4.3%; Profit ÷ revenue.
Gross margin: 24.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £457k; Revenue ÷ average employees.
Profit per employee: £19.8k; Profit ÷ average employees.
Cash conversion: 98.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 19.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.4%; 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: ▲1%; Now £6.8m
Cash at bank: ▼0%; Now £67.2k
Headcount: ▲10%; Now 77
Deferred income: —; Now —
Fixed assets: ▲1%; Now £7m

Corporate ownership

Group structure

Ownership chain

Hipkin Holdings Limitedultimate parent75–100%
F.W. Hipkin Limitedthis company

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

Subsidiaries (2)

Valsir LimitedFigures not disclosed
Xaviga 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 FullAccounts for the year to 31 Dec 2025 (profit £1.5m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 11 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.