How much does Hammerhead Interactive Limited make?

Hammerhead Interactive Limited reported revenue of £11.9m and a loss of £14.1m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Hammerhead Interactive Limited have?

Hammerhead Interactive Limited reported an average of 167 employees in the year to 31 Dec 2024.

Is Hammerhead Interactive Limited profitable?

No — Hammerhead Interactive Limited reported a loss of £14.1m in the year to 31 Dec 2024.

Company No. 08963806 · Incorporated 27 Mar 2014

Hammerhead Interactive Limited

Registered name: HAMMERHEAD INTERACTIVE LIMITED

Part of Journey UK Bidco Limited group

Hammerhead Interactive Limited made £11.9m revenue and a £14.1m loss in the year to 31 Dec 2024.

Hammerhead Interactive Limited’s revenue was £11.9m in the year to 31 Dec 2024, with a loss of £14.1m and 167 employees. The company is classified under “business and domestic software development” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: London, London
Age: 12 yrs · since 2014
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 Dec 2024

Key figures

Revenue

£11.9m

Growth —

Profit

−£14.1m

Growth —

Profit margin

−118.1%

Gross 64.1%

Employees

167

Change —

Profit / employee

−£84.5k

Revenue/employee £71.5k

Profitable streak

0yrs

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	30 Jun 2022	30 Jun 2023	31 Dec 2023	31 Dec 2024
Disclosure	Profit only	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£12.8m	£6.5m	£11.9m
Cost of sales	—	£4.3m	£2.3m	£4.3m
Gross profit	—	£8.5m	£4.2m	£7.7m
Operating profit	—	−£3m	−£978k	−£10.2m
Profit before tax	—	−£4.7m	−£1.9m	−£14.2m
Profit after tax	£1.3m	−£3.4m	−£2.5m	−£14.1m
Profit (best available)	£1.3m	−£3.4m	−£2.5m	−£14.1m
Staff costs	—	£6.1m	£3.4m	£11.7m
Employees (average)	79	89	100	167
Ratios
Profit margin	—	−26.6%	−38.7%	−118.1%
Gross margin	—	66.4%	64.3%	64.1%
Revenue per employee	—	£143k	£64.9k	£71.5k
Profit per employee	£16.3k	−£38.1k	−£25.1k	−£84.5k
Growth (year on year)
Profit growth	—	▼363%	—	—
Headcount growth	—	▲12.7%	—	—
Balance sheet — indirect signals, not revenue
Cash at bank	£418k	£790k	£103k	£2.6m
Net assets	£4.5m	£4.7m	£6.4m	−£7.8m
Fixed assets	£5.9m	£5.3m	£5.1m	£6.2m
Current assets	£4.5m	£4.8m	£5.3m	£20m
Debtors	£317k	£462k	£1.7m	£1.9m
Deferred income	£2.6m	£1.3m	£1.3m	£8m
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −118.1%; Profit ÷ revenue.
Gross margin: 64.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £71.5k; Revenue ÷ average employees.
Profit per employee: −£84.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 51.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 66.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.1%; 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 −£7.8m
Cash at bank: —; Now £2.6m
Headcount: —; Now 167
Deferred income: —; Now £8m
Fixed assets: —; Now £6.2m

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

Journey UK Bidco Limitedultimate parent75–100%
Dimension UK Holdco Limited75–100%
Dimension UK Bidco Limited75–100%
Hammerhead Interactive Limitedthis company

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

Subsidiaries (2)

Dimension Studio LtdFigures not disclosed
Time-Slice Films LimitedFigures not disclosed

Sister companies (1)

General Systems Vehicle LimitedFigures not disclosed

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 Dec 2024 (profit −£14.1m), 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.