How much does Hazlitt Holland-Hibbert Limited make?

Hazlitt Holland-Hibbert Limited reported revenue of £9.1m and a loss of £3.2m in the year to 31 Oct 2024, according to its accounts filed at Companies House.

How many employees does Hazlitt Holland-Hibbert Limited have?

Hazlitt Holland-Hibbert Limited reported an average of 8 employees in the year to 31 Oct 2024.

Is Hazlitt Holland-Hibbert Limited profitable?

No — Hazlitt Holland-Hibbert Limited reported a loss of £3.2m in the year to 31 Oct 2024.

Company No. 04366654 · Incorporated 5 Feb 2002

Hazlitt Holland-Hibbert Limited

Registered name: HAZLITT HOLLAND-HIBBERT LIMITED

Hazlitt Holland-Hibbert Limited made £9.1m revenue and a £3.2m loss in the year to 31 Oct 2024. read from filing text

Hazlitt Holland-Hibbert Limited’s revenue fell 51% to £9.1m in the year to 31 Oct 2024, with a loss of £3.2m and 8 employees. The company is classified under “retail sale in commercial art galleries”; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47781Retail sale in commercial art galleries

Status: Active
Location: London
Age: 24 yrs · since 2002
Type: Private Limited Company

Latest accounts · year to 31 Oct 2024

Key figures

IndependentSmall teamCapital-lightCash flow filed

Revenue

£9.1m

Growth ▼50.9%

Profit

−£3.2m

Growth —

Profit margin

−35.5%

Gross 19.1%

Employees

Change 0%

Profit / employee

−£405k

Revenue/employee £1.1m

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£35.3m	£18.6m	£9.1m
Cost of sales	£31.3m	£14.9m	£7.4m
Gross profit	£4.1m	£3.7m	£1.7m
Operating profit	£2.5m	−£831k	−£2.9m
Profit before tax	£2.5m	−£1.2m	−£3.3m
Profit after tax	£2m	−£777k	−£3.2m
Profit (best available)	£2m	−£777k	−£3.2m
Staff costs	£518k	£452k	£526k
Employees (average)	7	8	8
Ratios
Profit margin	5.7%	−4.2%	−35.5%
Gross margin	11.5%	19.8%	19.1%
Revenue per employee	£5m	£2.3m	£1.1m
Profit per employee	£286k	−£97.1k	−£405k
Cash conversion	2.1%	—	—
Growth (year on year)
Revenue growth	—	▼47.4%	▼50.9%
Profit growth	—	▼138.8%	—
Headcount growth	—	▲14.3%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£189k	£531k
Net assets	£16.5m	£15.2m	£12m
Fixed assets	£57.1k	£48.5k	£44.1k
Current assets	£29.8m	£19.4m	£16.9m
Debtors	£8.8m	£4.4m	£985k
Deferred income	£243k	£131k	£160k
Cash from operations	£54.5k	−£8.8m	−£977k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −35.5%; Profit ÷ revenue.
Gross margin: 19.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.1m; Revenue ÷ average employees.
Profit per employee: −£405k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.8%; 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: ▼21%; Now £12m
Cash at bank: ▲181%; Now £531k
Headcount: 0%; Now 8
Deferred income: ▲22%; Now £160k
Fixed assets: ▼9%; Now £44.1k

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

Sydney Holdings Limited (registered outside the UK register) 25–50%

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 Oct 2024 (profit −£3.2m), from the Companies House accounts bulk data published Oct 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.