How much does Hopwells Ltd make?

Hopwells Ltd reported revenue of £77.7m and a loss of £7m in the year to 27 Dec 2024, according to its accounts filed at Companies House.

How many employees does Hopwells Ltd have?

Hopwells Ltd reported an average of 320 employees in the year to 27 Dec 2024.

Is Hopwells Ltd profitable?

No — Hopwells Ltd reported a loss of £7m in the year to 27 Dec 2024.

Company No. 01404481 · Incorporated 8 Dec 1978

Hopwells Ltd

Registered name: HOPWELLS LTD

Part of Hopwells Group Limited group

Hopwells Ltd made £77.7m revenue and a £7m loss in the year to 27 Dec 2024.

Hopwells Ltd’s revenue grew 8% to £77.7m in the year to 27 Dec 2024, with a loss of £7m and 320 employees. The company is classified under “other food services” and is based in Ilkeston; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56290Other food services

Status: Active
Location: Ilkeston, East Midlands
Age: 47 yrs · since 1978
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.

Latest accounts · year to 27 Dec 2024

Key figures

Capital-light

Revenue

£77.7m

Growth ▲8%

Profit

−£7m

Growth ▼627.4%

Profit margin

−9%

Gross 23.2%

Employees

320

Change ▲27%

Profit / employee

−£22k

Revenue/employee £243k

Profitable streak

0yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Dec 2022	29 Dec 2023	27 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£66.2m	£71.9m	£77.7m
Cost of sales	£50.1m	£54.8m	£59.6m
Gross profit	£16.2m	£17.1m	£18m
Operating profit	£1.5m	£1.8m	−£7.2m
Profit before tax	£1.5m	£1.9m	−£7.2m
Profit after tax	£1.2m	£1.3m	−£7m
Profit (best available)	£1.2m	£1.3m	−£7m
Staff costs	£7.7m	£8.1m	£10.8m
Employees (average)	245	252	320
Ratios
Profit margin	1.8%	1.8%	−9%
Gross margin	24.4%	23.8%	23.2%
Revenue per employee	£270k	£285k	£243k
Profit per employee	£5k	£5.3k	−£22k
Growth (year on year)
Revenue growth	—	▲8.5%	▲8%
Profit growth	—	▲8.8%	▼627.4%
Headcount growth	—	▲2.9%	▲27%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.9m	£1.8m	£2.6m
Net assets	£12m	£13.3m	£6.2m
Fixed assets	£483k	£8.1m	£4m
Current assets	£18.3m	£15.7m	£14.5m
Debtors	£3.9m	£5.3m	£4.8m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −9%; Profit ÷ revenue.
Gross margin: 23.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £243k; Revenue ÷ average employees.
Profit per employee: −£22k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.1%; 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: ▼53%; Now £6.2m
Cash at bank: ▲43%; Now £2.6m
Headcount: ▲27%; Now 320
Deferred income: —; Now —
Fixed assets: ▼50%; Now £4m

Corporate ownership

Group structure

Ownership chain

Hopwells Group Limitedultimate parent75–100%
T.P. Hopwell (Holdings) Limited75–100%
Hopwells Ltdthis 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).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 27 Dec 2024 (profit −£7m), from the Companies House accounts bulk data published Sep 2025. 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.