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Company No. 04695866 · Incorporated 12 Mar 2003

Hearbase Limited

Registered name: HEARBASE LIMITED

Part of William Demant Holdings A/S group

Hearbase Limited made £1.5m revenue and £284k profit in the year to 31 Dec 2024.

Hearbase Limited’s revenue was £1.5m in the year to 31 Dec 2024, with £284k profit and 25 employees. The company is classified under “other human health activities” and is based in Kent; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activities
Status
Active
Location
Kent, South East
Age
23 yrs · since 2003
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 31 Dec 2024

Key figures

Capital-light
Revenue
£1.5m
Growth —
Profit
£284k
Growth —
Profit margin
19.5%
Gross 69.3%
Employees
25
Change —
Profit / employee
£11.4k
Revenue/employee £58.2k
Profitable streak
2yrs
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 to30 Apr 202330 Apr 202431 Dec 2024
DisclosureNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£2.9m£1.5m
Cost of sales—£842k£446k
Gross profit—£2.1m£1m
Operating profit—−£169k£101k
Profit before tax—£120k£263k
Profit after tax—£142k£284k
Profit (best available)—£142k£284k
Employees (average)373425
Ratios
Profit margin—4.9%19.5%
Gross margin—71%69.3%
Revenue per employee—£85.3k£58.2k
Profit per employee—£4.2k£11.4k
Growth (year on year)
Headcount growth—▼8.1%—
Balance sheet — indirect signals, not revenue
Cash at bank£33.9k£52.8k£83.2k
Net assets−£250k−£476£177k
Fixed assets£180k£707k£1.2k
Current assets£468k£474k£408k
Debtors£215k£109k£214k
Deferred income£44.9k£55k£19.6k
SourceFullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2024FullAccounts · bulk data Apr 2026
Derived from the latest filing

How the business works

Profit margin
19.5%
Profit ÷ revenue.
Gross margin
69.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£58.2k
Revenue ÷ average employees.
Profit per employee
£11.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.1%
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
14.7%
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 £177k
Cash at bank
—
Now £83.2k
Headcount
—
Now 25
Deferred income
—
Now £19.6k
Fixed assets
—
Now £1.2k

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. William Demant Holdings A/S (registered outside the UK register)ultimate parent75–100%
  2. Hidden Hearing International PLC75–100%
  3. Audika Hearing Care Ltd75–100%
  4. Hearbase Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £284k), 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.