How much does Herd Hire Ltd make?

Herd Hire Ltd reported revenue of £50.6m and £2.7m profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Herd Hire Ltd have?

Herd Hire Ltd reported an average of 37 employees in the year to 31 Oct 2025.

Is Herd Hire Ltd profitable?

Yes — Herd Hire Ltd reported a profit of £2.7m in the year to 31 Oct 2025.

Company No. 07640504 · Incorporated 19 May 2011

Herd Hire Ltd

Registered name: HERD HIRE LTD

Part of The Herd Group Employee Ownership Trustee Limited group

Herd Hire Ltd made £50.6m revenue and £2.7m profit in the year to 31 Oct 2025.

Herd Hire Ltd’s revenue grew 43% to £50.6m in the year to 31 Oct 2025, with £2.7m profit and 37 employees. The company is classified under “renting and leasing of cars and light motor vehicles” and is based in Addlestone; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 77110Renting and leasing of cars and light motor vehicles SIC 77120Renting and leasing of trucks and other heavy vehicles

Status: Active
Location: Addlestone, London
Age: 15 yrs · since 2011
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 Oct 2025

Key figures

Cash flow filed

Revenue

£50.6m

Growth ▲42.9%

Profit

£2.7m

Growth ▲35.9%

Profit margin

5.4%

Gross 41.8%

Employees

Change ▲8.8%

Profit / employee

£73.8k

Revenue/employee £1.4m

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£26.7m	£35.8m	£35.4m	£50.6m
Cost of sales	£15.3m	£20.5m	£17.9m	£29.4m
Gross profit	£11.4m	£15.2m	£17.5m	£21.1m
Operating profit	£5.3m	£6.2m	£6.9m	£7.9m
Profit before tax	£3.5m	£3.1m	£2.7m	£3.7m
Profit after tax	£2.6m	£2.3m	£2m	£2.7m
Profit (best available)	£2.6m	£2.3m	£2m	£2.7m
Staff costs	£1.6m	£2.3m	£2.4m	£2.8m
Employees (average)	25	31	34	37
Ratios
Profit margin	9.9%	6.5%	5.7%	5.4%
Gross margin	42.7%	42.6%	49.5%	41.8%
Revenue per employee	£1.1m	£1.2m	£1m	£1.4m
Profit per employee	£105k	£74.5k	£59.1k	£73.8k
Cash conversion	136%	141%	252%	279.7%
Growth (year on year)
Revenue growth	—	▲34.1%	▼1%	▲42.9%
Profit growth	—	▼12.3%	▼13.1%	▲35.9%
Headcount growth	—	▲24%	▲9.7%	▲8.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£628k	£3.4m	£3.3m
Net assets	£5.8m	£2.4m	£3m	£3.6m
Fixed assets	£41.7m	£54.4m	£64.8m	£75.5m
Current assets	£8.6m	£9.9m	£10.5m	£10.6m
Debtors	£4.1m	£5.4m	£3.7m	£3.9m
Deferred income	£115k	£84.5k	£15.2k	£958k
Cash from operations	£7.2m	£8.7m	£17.4m	£22m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 5.4%; Profit ÷ revenue.
Gross margin: 41.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.4m; Revenue ÷ average employees.
Profit per employee: £73.8k; Profit ÷ average employees.
Cash conversion: 279.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 149.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.7%; 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: ▲21%; Now £3.6m
Cash at bank: ▼4%; Now £3.3m
Headcount: ▲9%; Now 37
Deferred income: ▲6226%; Now £958k
Fixed assets: ▲17%; Now £75.5m

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

The Herd Group Employee Ownership Trustee Limitedultimate parent75–100%
Herd Group Limited75–100%
Herd Hire Ltdthis company

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

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 2025 (profit £2.7m), 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.