Hydrachem Limited
Registered name: HYDRACHEM LIMITED
Part of Hydrachem Group Limited groupHydrachem Limited made £15.8m revenue and £1.4m profit in the year to 31 Oct 2024. read from filing text
Hydrachem Limited’s revenue grew 21% to £15.8m in the year to 31 Oct 2024, with £1.4m profit and 80 employees. The company is classified under “non-specialised wholesale trade” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 53 yrs · since 1973
- 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: “The immediate parent company of Hydrachem Limited is Hydrachem Group Limited which has a registered office at”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2021 | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|---|
| 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) | £11.2m | £12.5m | £13.1m | £15.8m |
| Cost of sales | £6.4m | £7.5m | £7.1m | £7m |
| Gross profit | £4.7m | £5m | £5.9m | £8.8m |
| Operating profit | £142k | £14.9k | £388k | £1.8m |
| Profit before tax | £119k | £86.8k | £349k | £1.8m |
| Profit after tax | −£336k | £261k | £290k | £1.4m |
| Profit (best available) | −£336k | £261k | £290k | £1.4m |
| Staff costs | £2.9m | £3.1m | £3.3m | £4.4m |
| Employees (average) | 79 | 79 | 80 | 80 |
| Ratios | ||||
| Profit margin | −3% | 2.1% | 2.2% | 8.6% |
| Gross margin | 42.5% | 39.8% | 45.3% | 55.6% |
| Revenue per employee | £141k | £158k | £163k | £197k |
| Profit per employee | −£4.3k | £3.3k | £3.6k | £17k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲11.5% | ▲4.9% | ▲20.7% |
| Profit growth | — | — | ▲11.1% | ▲369.8% |
| Headcount growth | — | 0% | ▲1.3% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £536k | £581k | £495k | £568k |
| Net assets | £3.1m | £2.8m | £3.1m | £4.5m |
| Fixed assets | £3.2m | £2.9m | £3.7m | £3.7m |
| Current assets | £4.2m | £6.1m | £4.4m | £6.1m |
| Debtors | £1.8m | £2.8m | £2.6m | £4.5m |
| Deferred income | £215k | £101k | £212k | £327k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 8.6%
- Profit ÷ revenue.
- Gross margin
- 55.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £197k
- Revenue ÷ average employees.
- Profit per employee
- £17k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 23.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 28.5%
- 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
- ▲44%
- Now £4.5m
- Cash at bank
- ▲15%
- Now £568k
- Headcount
- 0%
- Now 80
- Deferred income
- ▲54%
- Now £327k
- Fixed assets
- ▼2%
- Now £3.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Hydrachem Group Limitedultimate parent75–100%
- Hydrachem Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £1.4m), from the Companies House accounts bulk data published Mar 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.