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Company No. 02850815 · Incorporated 6 Sep 1993

Hi Way Services Limited

Registered name: HI WAY SERVICES LIMITED

Part of Swarco UK Holdings Limited group

Hi Way Services Limited made £10.8m revenue and £2.2m profit in the year to 30 Nov 2025.

Hi Way Services Limited’s revenue grew 7% to £10.8m in the year to 30 Nov 2025, with £2.2m profit and 60 employees. The company is classified under “other service activities” and is based in Business Park Hersden,; we hold 4 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
Business Park Hersden,, South East
Age
33 yrs · since 1993
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 30 Nov 2025

Key figures

Operating leverage
Revenue
£10.8m
Growth ▲6.6%
Profit
£2.2m
Growth ▲38%
Profit margin
20.4%
Gross 36.8%
Employees
60
Change ▲11.1%
Profit / employee
£36.8k
Revenue/employee £180k
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 to30 Nov 202230 Nov 202330 Nov 202430 Nov 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£7.3m£8.9m£10.1m£10.8m
Cost of sales£4.8m£5.8m£6.3m£6.8m
Gross profit£2.5m£3.1m£3.8m£4m
Operating profit£1.2m£1.5m£2.1m£2.9m
Profit before tax£1.2m£1.5m£2.1m£3m
Profit after tax£932k£1.1m£1.6m£2.2m
Profit (best available)£932k£1.1m£1.6m£2.2m
Staff costs£2.1m£2.4m£2.8m£3.2m
Employees (average)53545460
Ratios
Profit margin12.7%12.4%15.8%20.4%
Gross margin33.9%34.5%37.9%36.8%
Revenue per employee£138k£165k£188k£180k
Profit per employee£17.6k£20.5k£29.6k£36.8k
Growth (year on year)
Revenue growth—▲21.9%▲13.5%▲6.6%
Profit growth—▲19%▲44.3%▲38%
Headcount growth—▲1.9%0%▲11.1%
Balance sheet — indirect signals, not revenue
Cash at bank£23.2k£500k£453k£503k
Net assets£5.6m£6.5m£7.9m£9.9m
Fixed assets£2.3m£2.6m£2.3m£1.8m
Current assets£5.8m£7.2m£8.6m£10m
Debtors£1.4m£1.2m£955k£1.1m
Deferred income£126k£278k£191k£154k
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024FullAccounts · bulk data Apr 2025FullAccounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
20.4%
Profit ÷ revenue.
Gross margin
36.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£180k
Revenue ÷ average employees.
Profit per employee
£36.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
16.8%
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
10.4%
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
▲25%
Now £9.9m
Cash at bank
▲11%
Now £503k
Headcount
▲11%
Now 60
Deferred income
▼19%
Now £154k
Fixed assets
▼20%
Now £1.8m

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

  1. Swarco UK Holdings Limitedultimate parent75–100%
  2. Hi Way Topco Limited75–100%
  3. Hi Way Services (UK) Holdings Limited75–100%
  4. Hi Way Services 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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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £2.2m), from the Companies House accounts bulk data published Jun 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.