How much does H H B Communications Limited make?

H H B Communications Limited reported revenue of £16.7m and a loss of £91.3k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does H H B Communications Limited have?

H H B Communications Limited reported an average of 52 employees in the year to 31 Dec 2024.

Is H H B Communications Limited profitable?

No — H H B Communications Limited reported a loss of £91.3k in the year to 31 Dec 2024.

Company No. 02316548 · Incorporated 11 Nov 1988

H H B Communications Limited

Registered name: H H B COMMUNICATIONS LIMITED

Part of Midwich Group PLC group

H H B Communications Limited made £16.7m revenue and a £91.3k loss in the year to 31 Dec 2024. read from filing text

H H B Communications Limited’s revenue fell 27% to £16.7m in the year to 31 Dec 2024, with a loss of £91.3k and 52 employees. The company is classified under “wholesale of musical instruments” and is based in Diss; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46491Wholesale of musical instruments SIC 46520Wholesale of electronic and telecommunications equipment and parts SIC 59200Sound recording and music publishing activities

Status: Active
Location: Diss, East of England
Age: 37 yrs · since 1988
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 is HHB Communications Holdings Limited. The ultimate parent company is Midwich Group plc, a company registered in England and Wales. The registered office of the ultimate ”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£16.7m

Growth ▼26.6%

Profit

−£91.3k

Growth ▼110.1%

Profit margin

−0.5%

Gross 27.9%

Employees

Change ▼8.8%

Profit / employee

−£1.8k

Revenue/employee £321k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023	31 Dec 2023	31 Dec 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)	£30m	£26.9m	£22.7m	£16.7m
Cost of sales	£21.1m	£18.8m	£16.4m	£12m
Gross profit	£8.9m	£8.1m	£6.3m	£4.7m
Operating profit	£2.3m	£2.2m	£949k	−£254k
Profit before tax	£2.3m	£2.2m	£904k	−£91.3k
Profit after tax	£1.9m	£1.8m	—	—
Profit (best available)	£1.9m	£1.8m	£904k	−£91.3k
Staff costs	£5.1m	£3.9m	£3.7m	—
Employees (average)	60	57	57	52
Ratios
Profit margin	6.3%	6.7%	4%	−0.5%
Gross margin	29.7%	30%	27.9%	27.9%
Revenue per employee	£499k	£471k	£398k	£321k
Profit per employee	£31.7k	£31.8k	£15.9k	−£1.8k
Cash conversion	72.6%	−63%	—	—
Growth (year on year)
Revenue growth	—	▼10.3%	▼15.4%	▼26.6%
Profit growth	—	▼4.9%	▼50%	▼110.1%
Headcount growth	—	▼5%	0%	▼8.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.4m	£3.1m	£5.3m	£2.1m
Net assets	£5.8m	£7.4m	£7.8m	£3.4m
Fixed assets	£125k	£70.1k	£1.6m	£1.2m
Current assets	£12.3m	£11.8m	£10.6m	£7m
Debtors	£2.7m	£2.3m	£1.8m	£1.5m
Deferred income	£1.5m	£553k	—	—
Cash from operations	£1.7m	−£1.4m	—	—
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −0.5%; Profit ÷ revenue.
Gross margin: 27.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £321k; Revenue ÷ average employees.
Profit per employee: −£1.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.1%; 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: ▼56%; Now £3.4m
Cash at bank: ▼60%; Now £2.1m
Headcount: ▼9%; Now 52
Deferred income: —; Now —
Fixed assets: ▼25%; Now £1.2m

Corporate ownership

Group structure

Ownership chain

Midwich Group PLCultimate parent75–100%
Midwich Limited75–100%
H H B Communications Holdings Limited75–100%
H H B Communications Limitedthis company

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

Subsidiaries (2)

H H B LimitedFigures not disclosed
Source Distribution LtdFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£91.3k), 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.