How much does Hanover Flooring Limited make?

Hanover Flooring Limited reported revenue of £20.5m and £17.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Hanover Flooring Limited have?

Hanover Flooring Limited reported an average of 21 employees in the year to 31 Mar 2025.

Is Hanover Flooring Limited profitable?

Yes — Hanover Flooring Limited reported a profit of £17.2m in the year to 31 Mar 2025.

Company No. 03120403 · Incorporated 31 Oct 1995

Hanover Flooring Limited

Registered name: HANOVER FLOORING LIMITED

Hanover Flooring Limited made £20.5m revenue and £17.2m profit in the year to 31 Mar 2025.

Hanover Flooring Limited’s revenue grew 1% to £20.5m in the year to 31 Mar 2025, with £17.2m profit and 21 employees. The company is classified under “wholesale of furniture, carpets and lighting equipment” and is based in Keighley; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46470Wholesale of furniture, carpets and lighting equipment

Status: Active
Location: Keighley, Yorkshire and The Humber
Age: 30 yrs · since 1995
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 ultimate controlling party is Junaid Aslam.”

Latest accounts · year to 31 Mar 2025

Key figures

Cash flow filed

Revenue

£20.5m

Growth ▲1.4%

Profit

£17.2m

Growth —

Profit margin

84.1%

Gross 12.8%

Employees

Change 0%

Profit / employee

£820k

Revenue/employee £975k

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	1 Apr 2023	30 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£18.9m	£20.2m	£20.5m
Cost of sales	£13.1m	£16.3m	£17.9m
Gross profit	£5.8m	£3.9m	£2.6m
Operating profit	−£2.2m	−£3.4m	−£898k
Profit before tax	−£2.6m	−£4.1m	£17.4m
Profit after tax	−£3.1m	−£3.9m	£17.2m
Profit (best available)	−£3.1m	−£3.9m	£17.2m
Staff costs	£4.5m	£4.7m	£577k
Employees (average)	18	21	21
Ratios
Profit margin	−16.4%	−19.5%	84.1%
Gross margin	30.7%	19.1%	12.8%
Revenue per employee	£1.1m	£962k	£975k
Profit per employee	−£172k	−£187k	£820k
Growth (year on year)
Revenue growth	—	▲6.9%	▲1.4%
Headcount growth	—	▲16.7%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£800k	£299k	£2.4m
Net assets	−£2.4m	−£6.3m	£9.3m
Fixed assets	£8.7m	£7m	£3m
Current assets	£13.2m	£12.1m	£12.6m
Debtors	£6.1m	£4.4m	£3.8m
Deferred income	£4.2m	£4.2m	—
Cash from operations	—	£3.3m	£2.9m
Source	FullAccounts · bulk data May 2025	FullAccounts · bulk data May 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 84.1%; Profit ÷ revenue.
Gross margin: 12.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £975k; Revenue ÷ average employees.
Profit per employee: £820k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 14.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.4%; 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 £9.3m
Cash at bank: ▲695%; Now £2.4m
Headcount: 0%; Now 21
Deferred income: —; Now —
Fixed assets: ▼57%; Now £3m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £17.2m), 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.