How much does Hope Technology (Ipco) Limited make?

Hope Technology (Ipco) Limited reported revenue of £18.9m and £1.6m profit in the year to 30 Apr 2025, according to its accounts filed at Companies House.

How many employees does Hope Technology (Ipco) Limited have?

Hope Technology (Ipco) Limited reported an average of 141 employees in the year to 30 Apr 2025.

Is Hope Technology (Ipco) Limited profitable?

Yes — Hope Technology (Ipco) Limited reported a profit of £1.6m in the year to 30 Apr 2025.

Company No. 02658410 · Incorporated 29 Oct 1991

Hope Technology (Ipco) Limited

Registered name: HOPE TECHNOLOGY (IPCO) LIMITED

Part of Hope Too Holdings Limited group

Hope Technology (Ipco) Limited made £18.9m revenue and £1.6m profit in the year to 30 Apr 2025. read from filing text

Hope Technology (Ipco) Limited’s revenue fell 2% to £18.9m in the year to 30 Apr 2025, with £1.6m profit and 141 employees. The company is classified under “manufacture of sports goods” and is based in Barnoldswick; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32300Manufacture of sports goods

Status: Active
Location: Barnoldswick, North West
Age: 34 yrs · since 1991
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 company is a wholly owned subsidiary of Hope Technology Holdings Limited, a company incorporated in England and Wales. The registered office of Hope Technology Holdings Limited is Hope Mill, Calf ”

Latest accounts · year to 30 Apr 2025

Key figures

Revenue

£18.9m

Growth ▼2.3%

Profit

£1.6m

Growth ▼2.5%

Profit margin

8.3%

Gross 59.4%

Employees

141

Change ▼4.7%

Profit / employee

£11.1k

Revenue/employee £134k

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	30 Apr 2022	30 Apr 2023	30 Apr 2024	30 Apr 2025
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)	£22.4m	£19.5m	£19.3m	£18.9m
Cost of sales	£9.6m	£8.4m	£7.9m	£7.7m
Gross profit	£12.8m	£11.1m	£11.4m	£11.2m
Operating profit	£3.8m	£1.5m	£2.2m	£1.9m
Profit before tax	£3.8m	£1.4m	£2.2m	£1.9m
Profit after tax	£3.2m	£1.4m	£1.6m	£1.6m
Profit (best available)	£3.2m	£1.4m	£1.6m	£1.6m
Staff costs	£5.4m	£5.5m	£5.5m	£5.7m
Employees (average)	162	156	148	141
Ratios
Profit margin	14.2%	7.2%	8.3%	8.3%
Gross margin	57.1%	57%	58.9%	59.4%
Revenue per employee	£138k	£125k	£130k	£134k
Profit per employee	£19.7k	£9k	£10.8k	£11.1k
Growth (year on year)
Revenue growth	—	▼12.9%	▼1%	▼2.3%
Profit growth	—	▼55.8%	▲13.8%	▼2.5%
Headcount growth	—	▼3.7%	▼5.1%	▼4.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£742k	£1.4m	£2.1m	£2.9m
Net assets	£5.1m	£5.7m	£6.7m	£8.2m
Fixed assets	£3.9m	£3.8m	£3.5m	£3.6m
Current assets	£6.6m	£9.8m	£9.2m	£8.5m
Debtors	£556k	£545k	£446k	£460k
Deferred income	£1.1m	£756k	£705k	£585k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 8.3%; Profit ÷ revenue.
Gross margin: 59.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £134k; Revenue ÷ average employees.
Profit per employee: £11.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 18.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.4%; 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: ▲23%; Now £8.2m
Cash at bank: ▲38%; Now £2.9m
Headcount: ▼5%; Now 141
Deferred income: ▼17%; Now £585k
Fixed assets: ▲2%; Now £3.6m

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

Ownership chain

Hope Too Holdings Limitedultimate parent75–100%
Hope Technology Holdings Limited75–100%
Hope Technology (Ipco) 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £1.6m), from the Companies House accounts bulk data published Apr 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.