Hmo Ne Ltd
Registered name: HMO NE LTD
Part of Freya Group Limited groupHmo Ne Ltd made £5.6m revenue and £1.9m profit in the year to 30 Apr 2025.
Hmo Ne Ltd’s revenue fell 38% to £5.6m in the year to 30 Apr 2025, with £1.9m profit and 189 employees. The company is classified under “other accommodation” and is based in Sunderland; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Sunderland, North East
- Age
- 13 yrs · since 2013
- 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. From the filing: “The company is under the control of its parent company Forevercare Group Limited. The company's registered office is Hallgate House, 9 Grange Terrace, Sunderland, England, SR2 7DF. The ultimate contro”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £7.6m | £9m | £5.6m |
| Cost of sales | — | £928k | £905k | £249k |
| Gross profit | — | £6.7m | £8.1m | £5.4m |
| Operating profit | — | £2m | £2.3m | £2.4m |
| Profit before tax | — | £1.8m | £2m | £2.3m |
| Profit after tax | — | £1.4m | £1.5m | £1.9m |
| Profit (best available) | — | £1.4m | £1.5m | £1.9m |
| Staff costs | — | £3.7m | £4.5m | £2.2m |
| Employees (average) | 120 | 140 | 183 | 189 |
| Ratios | ||||
| Profit margin | — | 18.5% | 16.3% | 34.5% |
| Gross margin | — | 87.8% | 89.9% | 95.6% |
| Revenue per employee | — | £54.4k | £49.2k | £29.7k |
| Profit per employee | — | £10.1k | £8k | £10.3k |
| Cash conversion | — | 71% | 72.9% | −1.8% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲18.1% | ▼37.6% |
| Profit growth | — | — | ▲4.5% | ▲31.9% |
| Headcount growth | — | ▲16.7% | ▲30.7% | ▲3.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £831k | £1.3m | £1.4m | £243k |
| Net assets | £1.5m | £2.7m | £4m | £5.1m |
| Fixed assets | £2.8m | £3.8m | £5.2m | £322k |
| Current assets | £1.5m | £2.6m | £3.4m | £5.9m |
| Debtors | £704k | £758k | £900k | £813k |
| Deferred income | — | £171k | £348k | £282k |
| Cash from operations | — | £1.4m | £1.6m | −£45.2k |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 34.5%
- Profit ÷ revenue.
- Gross margin
- 95.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £29.7k
- Revenue ÷ average employees.
- Profit per employee
- £10.3k
- Profit ÷ average employees.
- Cash conversion
- −1.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.5%
- 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
- ▲29%
- Now £5.1m
- Cash at bank
- ▼83%
- Now £243k
- Headcount
- ▲3%
- Now 189
- Deferred income
- ▼19%
- Now £282k
- Fixed assets
- ▼94%
- Now £322k
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
- Freya Group Limitedultimate parent75–100%
- Hmo Ne Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Forevercare Manchester LimitedFigures not disclosed
Sister companies (4)
- Athena Supported Accommodation (North-East) LimitedFigures not disclosed
- Athena Supported Accommodation (North-West) LimitedFigures not disclosed
- Minerva Training and Recruitment LimitedFigures not disclosed
- Terminus Properties LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Heart of England Properties LimitedPerton · Other accommodation
- Revenue
- £5.4m
- Profit
- £981k
- Staff
- 109
- Premiere Health LimitedPlymouth · Other accommodation
- Revenue
- £6.9m
- Profit
- £265k
- Staff
- 170
- Chardon Edinburgh (RM) LimitedEdinburgh · Other accommodation
- Revenue
- £4.5m
- Profit
- £1.1m
- Staff
- 30
- KPS Care LimitedPinner · Other accommodation
- Revenue
- £4.3m
- Profit
- £300k
- Staff
- 86
- Coast & Country Care LimitedNewton Poppleford · Other accommodation
- Revenue
- £4.2m
- Profit
- £617k
- Staff
- 79
- Olea Care LtdStockport · Other accommodation
- Revenue
- £4m
- Profit
- £370k
- Staff
- 77
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £1.9m), from the Companies House accounts bulk data published Jan 2026. 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.