HTC Europe Co. Ltd
Registered name: HTC EUROPE CO. LTD
HTC Europe Co. Ltd made £6.9m revenue and a £16.4m loss in the year to 31 Dec 2024.
HTC Europe Co. Ltd’s revenue fell 9% to £6.9m in the year to 31 Dec 2024, with a loss of £16.4m and 49 employees. The company is classified under “other professional, scientific and technical activities” and is based in Slough; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Slough, South East
- Age
- 23 yrs · since 2003
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £6.1m | £6.5m | £7.6m | £6.9m |
| Gross profit | £6.1m | £6.5m | £7.6m | £6.9m |
| Operating profit | −£265k | £18.3m | −£6.7m | −£2.5m |
| Profit before tax | −£265k | £20.7m | −£12.8m | −£14.1m |
| Profit after tax | −£475k | £16.9m | −£12.9m | −£16.4m |
| Profit (best available) | −£475k | £16.9m | −£12.9m | −£16.4m |
| Staff costs | £3.5m | £3.9m | £4m | £4.1m |
| Employees (average) | 43 | 47 | 47 | 49 |
| Ratios | ||||
| Profit margin | −7.7% | 258.4% | −169.6% | −237.7% |
| Gross margin | 100% | 100% | 100% | 100% |
| Revenue per employee | £143k | £139k | £162k | £141k |
| Profit per employee | −£11k | £359k | −£275k | −£335k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6.4% | ▲16.9% | ▼9.4% |
| Profit growth | — | — | ▼176.7% | — |
| Headcount growth | — | ▲9.3% | 0% | ▲4.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £157m | £173m | £137m | £125m |
| Net assets | £226m | £242m | £230m | £213m |
| Fixed assets | £60.3m | £64.2m | £82.8m | £82.7m |
| Current assets | £166m | £183m | £148m | £132m |
| Debtors | £143k | £98.3k | £480k | £81.9k |
| Deferred income | £628k | £721k | £1.1m | £691k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −237.7%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £141k
- Revenue ÷ average employees.
- Profit per employee
- −£335k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1197%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 10%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.2%
- Money owed by customers. Low = customers pay quickly.
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
- ▼7%
- Now £213m
- Cash at bank
- ▼8%
- Now £125m
- Headcount
- ▲4%
- Now 49
- Deferred income
- ▼34%
- Now £691k
- Fixed assets
- ▼0%
- Now £82.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£16.4m), from the Companies House accounts bulk data published Dec 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.