How much does Harada Industries (Europe) Limited make?

Harada Industries (Europe) Limited reported revenue of £28.8m and a loss of £1.4m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Harada Industries (Europe) Limited have?

Harada Industries (Europe) Limited reported an average of 28 employees in the year to 31 Dec 2024.

Is Harada Industries (Europe) Limited profitable?

No — Harada Industries (Europe) Limited reported a loss of £1.4m in the year to 31 Dec 2024.

Company No. 02400282 · Incorporated 3 Jul 1989

Harada Industries (Europe) Limited

Registered name: HARADA INDUSTRIES (EUROPE) LIMITED

Harada Industries (Europe) Limited made £28.8m revenue and a £1.4m loss in the year to 31 Dec 2024.

Harada Industries (Europe) Limited’s revenue fell 41% to £28.8m in the year to 31 Dec 2024, with a loss of £1.4m and 28 employees. The company is classified under “wholesale trade of motor vehicle parts and accessories” and is based in Clapgate Lane; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45310Wholesale trade of motor vehicle parts and accessories

Status: Active
Location: Clapgate Lane, West Midlands
Age: 37 yrs · since 1989
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: “Harada Industry Co. Ltd”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£28.8m

Growth ▼41.1%

Profit

−£1.4m

Growth —

Profit margin

−5%

Gross 7%

Employees

Change ▼3.5%

Profit / employee

−£51.4k

Revenue/employee £1m

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£48.8m	£28.8m
Cost of sales	£45m	£26.8m
Gross profit	£3.8m	£2m
Operating profit	£748k	−£1.1m
Profit before tax	£31.2k	−£1.5m
Profit after tax	−£16.2k	−£1.4m
Profit (best available)	−£16.2k	−£1.4m
Staff costs	£1.5m	£1.5m
Employees (average)	29	28
Ratios
Profit margin	0%	−5%
Gross margin	7.8%	7%
Revenue per employee	£1.7m	£1m
Profit per employee	−£560	−£51.4k
Growth (year on year)
Revenue growth	—	▼41.1%
Headcount growth	—	▼3.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.7m	£1.3m
Net assets	−£804k	£8.8m
Fixed assets	£716k	£635k
Current assets	£19.4m	£16.7m
Debtors	£3.8m	£3.6m
Deferred income	£270k	£415k
Source	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2025

Derived from the latest filing

How the business works

Profit margin: −5%; Profit ÷ revenue.
Gross margin: 7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1m; Revenue ÷ average employees.
Profit per employee: −£51.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.4%; 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: —; Now £8.8m
Cash at bank: ▼77%; Now £1.3m
Headcount: ▼3%; Now 28
Deferred income: ▲54%; Now £415k
Fixed assets: ▼11%; Now £635k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Minority corporate shareholders

Harada Industry Co Ltd (registered outside the UK register) 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 FullAccounts for the year to 31 Dec 2024 (profit −£1.4m), from the Companies House accounts bulk data published Jul 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.