How much does HGV Direct Limited make?

HGV Direct Limited reported revenue of £38.7m and £721k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does HGV Direct Limited have?

HGV Direct Limited reported an average of 207 employees in the year to 31 Dec 2025.

Is HGV Direct Limited profitable?

Yes — HGV Direct Limited reported a profit of £721k in the year to 31 Dec 2025.

Company No. 01857034 · Incorporated 19 Oct 1984

HGV Direct Limited

Registered name: HGV DIRECT LIMITED

HGV Direct Limited made £38.7m revenue and £721k profit in the year to 31 Dec 2025.

HGV Direct Limited’s revenue grew 15% to £38.7m in the year to 31 Dec 2025, with £721k profit and 207 employees. The company is classified under “retail trade of motor vehicle parts and accessories” and is based in Airfield Industrial Estate; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45320Retail trade of motor vehicle parts and accessories

Status: Active
Location: Airfield Industrial Estate, East Midlands
Age: 41 yrs · since 1984
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

Independent

Revenue

£38.7m

Growth ▲15.2%

Profit

£721k

Growth ▼19.3%

Profit margin

1.9%

Gross 36.9%

Employees

207

Change ▲13.7%

Profit / employee

£3.5k

Revenue/employee £187k

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	Profit only	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£31.6m	£33.6m	£38.7m
Cost of sales	—	−£19.9m	−£21m	−£24.4m
Gross profit	—	£11.7m	£12.6m	£14.3m
Operating profit	—	£1.4m	£1.5m	£1.1m
Profit before tax	—	£1.3m	£1.3m	£996k
Profit after tax	£972k	£989k	£893k	£721k
Profit (best available)	£972k	£989k	£893k	£721k
Employees (average)	156	179	182	207
Ratios
Profit margin	—	3.1%	2.7%	1.9%
Gross margin	—	37%	37.5%	36.9%
Revenue per employee	—	£176k	£185k	£187k
Profit per employee	£6.2k	£5.5k	£4.9k	£3.5k
Growth (year on year)
Revenue growth	—	—	▲6.4%	▲15.2%
Profit growth	—	▲1.8%	▼9.7%	▼19.3%
Headcount growth	—	▲14.7%	▲1.7%	▲13.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£406k	£828k	—	—
Net assets	£1.5m	£2.3m	—	—
Fixed assets	£1.7m	£1.9m	—	—
Current assets	£10.3m	£11.7m	—	—
Debtors	£5.2m	£5.8m	—	—
Deferred income	£378k	£201k	—	—
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	Accounts · bulk data Jun 2025	Accounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 1.9%; Profit ÷ revenue.
Gross margin: 36.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £187k; Revenue ÷ average employees.
Profit per employee: £3.5k; 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.

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: —; Now —
Cash at bank: —; Now —
Headcount: ▲14%; Now 207
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Minority corporate shareholders

Bowl Reed Enterprises Ltd 25–50%

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit £721k), from the Companies House accounts bulk data published Jul 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.