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Company No. 07785110 · Incorporated 23 Sep 2011

Hargreaves Services Europe Limited

Registered name: HARGREAVES SERVICES EUROPE LIMITED

Part of Hargreaves Services PLC group

Hargreaves Services Europe Limited made £286m revenue and £2.1m profit in the year to 31 May 2025.

Hargreaves Services Europe Limited’s revenue fell 15% to £286m in the year to 31 May 2025, with £2.1m profit and 323 employees. The company is classified under “other service activities” and is based in Newcastle Upon Tyne; we hold 3 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
Newcastle Upon Tyne, North East
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 May 2025

Key figures

Revenue
£286m
Growth ▼14.9%
Profit
£2.1m
Growth ▲21.8%
Profit margin
0.7%
Gross 17.8%
Employees
323
Change ▲1.3%
Profit / employee
£6.4k
Revenue/employee £886k
Profitable streak
3yrs
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 to31 May 202331 May 202431 May 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£511m£336m£286m
Cost of sales−£437m−£290m−£235m
Gross profit£74.1m£46.5m£51m
Operating profit£33.3m£7.3m£9.4m
Profit before tax£29.8m£2.3m£5.3m
Profit after tax£18m£1.7m£2.1m
Profit (best available)£18m£1.7m£2.1m
Employees (average)303319323
Ratios
Profit margin3.5%0.5%0.7%
Gross margin14.5%13.8%17.8%
Revenue per employee£1.7m£1.1m£886k
Profit per employee£59.4k£5.3k£6.4k
Growth (year on year)
Revenue growth—▼34.2%▼14.9%
Profit growth—▼90.5%▲21.8%
Headcount growth—▲5.3%▲1.3%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data May 2025Accounts · bulk data May 2025Accounts · bulk data Feb 2026
Derived from the latest filing

How the business works

Profit margin
0.7%
Profit ÷ revenue.
Gross margin
17.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£886k
Revenue ÷ average employees.
Profit per employee
£6.4k
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.
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 —
Cash at bank
—
Now —
Headcount
▲1%
Now 323
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Hargreaves Services PLCultimate parent75–100%
  2. Hargreaves Services Europe Limitedthis company

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

Sister companies (14)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 May 2025 (profit £2.1m), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.