Hargreaves Services PLC
Registered name: HARGREAVES SERVICES PLC
Hargreaves Services PLC made £264m revenue and £14.7m profit in the year to 31 May 2025.
Hargreaves Services PLC’s revenue grew 25% to £264m in the year to 31 May 2025, with £14.7m profit and 1,469 employees. The company is classified under “activities of head offices” and is based in Newcastle Upon Tyne; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Newcastle Upon Tyne, North East
- Age
- 22 yrs · since 2003
- Type
- Public Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2024 | 31 May 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £211m | £264m |
| Cost of sales | −£168m | −£210m |
| Gross profit | £43.4m | £54.9m |
| Operating profit | £15.9m | £15.4m |
| Profit before tax | £16.7m | £17.5m |
| Profit after tax | £12.2m | £14.7m |
| Profit (best available) | £12.2m | £14.7m |
| Employees (average) | 1,408 | 1,469 |
| Ratios | ||
| Profit margin | 5.8% | 5.6% |
| Gross margin | 20.5% | 20.7% |
| Revenue per employee | £150k | £180k |
| Profit per employee | £8.7k | £10k |
| Growth (year on year) | ||
| Revenue growth | — | ▲25.2% |
| Profit growth | — | ▲20.6% |
| Headcount growth | — | ▲4.3% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 5.6%
- Profit ÷ revenue.
- Gross margin
- 20.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £180k
- Revenue ÷ average employees.
- Profit per employee
- £10k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲4%
- Now 1,469
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (15)
- Hargreaves Services Europe LimitedRev. £286m · Profit £2.1m
- Blackwell Earthmoving LimitedFigures not disclosed
- C.a. Blackwell Group LimitedFigures not disclosed
- Coal 4 Energy LimitedFigures not disclosed
- Forward Sound LimitedFigures not disclosed
- H Technical Resources LimitedFigures not disclosed
- Hargreaves (UK) LimitedFigures not disclosed
- Hargreaves Carbon Products Europe LimitedFigures not disclosed
- Hargreaves Corporate Director LimitedFigures not disclosed
- Hargreaves Industrial Services LimitedFigures not disclosed
- Hargreaves Land Group LimitedFigures not disclosed
- Hargreaves Land Holdings LimitedFigures not disclosed
- Hargreaves Pension Company LimitedFigures not disclosed
- Hesott LimitedFigures not disclosed
- R. Hanson & Son LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 May 2025 (profit £14.7m), from the Companies House accounts bulk data published Sep 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.