How much does Higgidy Limited make?

Higgidy Limited reported revenue of £43.3m and a loss of £3.8m in the year to 1 Jan 2023, according to its accounts filed at Companies House.

How many employees does Higgidy Limited have?

Higgidy Limited reported an average of 340 employees in the year to 1 Jan 2023.

Is Higgidy Limited profitable?

No — Higgidy Limited reported a loss of £3.8m in the year to 1 Jan 2023.

Company No. 04754759

Higgidy LimitedDissolved

Registered name: HIGGIDY LIMITED

Higgidy Limited made £43.3m revenue and a £3.8m loss in the year to 1 Jan 2023. read from filing text

Higgidy Limited’s revenue was £43.3m in the year to 1 Jan 2023, with a loss of £3.8m and 340 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 1 Jan 2023

Key figures

Independent

Revenue

£43.3m

Growth —

Profit

−£3.8m

Growth —

Profit margin

−8.8%

Gross 27.3%

Employees

340

Change —

Profit / employee

−£11.3k

Revenue/employee £127k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	3 Oct 2021	1 Jan 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£36m	£43.3m
Cost of sales	£23.7m	£31.5m
Gross profit	£12.3m	£11.8m
Operating profit	£1.8m	−£3.4m
Profit before tax	£1.8m	−£3.4m
Profit after tax	£1.6m	−£3.8m
Profit (best available)	£1.6m	−£3.8m
Staff costs	£12.3m	—
Employees (average)	328	340
Ratios
Profit margin	4.4%	−8.8%
Gross margin	34.1%	27.3%
Revenue per employee	£110k	£127k
Profit per employee	£4.8k	−£11.3k
Balance sheet — indirect signals, not revenue
Cash at bank	£295k	£1.6k
Net assets	£6m	£2.1m
Fixed assets	£5.8m	£15.5m
Current assets	£8.9m	£9.5m
Debtors	£5.7m	£7.4m
Deferred income	£2.1m	£2.7m
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: −8.8%; Profit ÷ revenue.
Gross margin: 27.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £127k; Revenue ÷ average employees.
Profit per employee: −£11.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 35.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.2%; 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 £2.1m
Cash at bank: —; Now £1.6k
Headcount: —; Now 340
Deferred income: —; Now £2.7m
Fixed assets: —; Now £15.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 1 Jan 2023 (profit −£3.8m), from the Companies House accounts bulk data published Nov 2023. 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.