Hot Pot Digital Ltd
Registered name: HOT POT DIGITAL LTD
Part of Matcap Ventures LLP groupHot Pot Digital Ltd made £1.1m revenue and a £583k loss in the year to 31 Dec 2023.
Hot Pot Digital Ltd’s revenue fell 22% to £1.1m in the year to 31 Dec 2023, with a loss of £583k and 12 employees. The company is classified under “media representation services” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 14 yrs · since 2012
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1.4m | £1.1m |
| Cost of sales | £761k | £564k |
| Gross profit | £645k | £537k |
| Operating profit | −£326k | −£561k |
| Profit before tax | −£326k | −£582k |
| Profit after tax | −£311k | −£583k |
| Profit (best available) | −£311k | −£583k |
| Staff costs | £649k | £593k |
| Employees (average) | 12 | 12 |
| Ratios | ||
| Profit margin | −22.1% | −53% |
| Gross margin | 45.9% | 48.8% |
| Revenue per employee | £117k | £91.7k |
| Profit per employee | −£25.9k | −£48.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▼21.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £136k | £86k |
| Net assets | £186k | −£397k |
| Current assets | £506k | £232k |
| Debtors | £125k | £74.5k |
| Deferred income | £256k | £92.7k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- −53%
- Profit ÷ revenue.
- Gross margin
- 48.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £91.7k
- Revenue ÷ average employees.
- Profit per employee
- −£48.6k
- 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
- 8.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.8%
- 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
- ▼313%
- Now −£397k
- Cash at bank
- ▼37%
- Now £86k
- Headcount
- 0%
- Now 12
- Deferred income
- ▼64%
- Now £92.7k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Matcap Ventures LLPultimate parent75–100%
- Together Group Holdings Limited75–100%
- TG Midco Limited75–100%
- TG Topco Limited75–100%
- Tghb2 Limited75–100%
- Hot Pot Group Limited75–100%
- Hot Pot Digital 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).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£583k), from the Companies House accounts bulk data published Oct 2024. 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.