How much does Hitech Grand Prix Limited make?

Hitech Grand Prix Limited reported revenue of £23.4m and a loss of £4m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Hitech Grand Prix Limited have?

Hitech Grand Prix Limited reported an average of 87 employees in the year to 31 Dec 2025.

Is Hitech Grand Prix Limited profitable?

No — Hitech Grand Prix Limited reported a loss of £4m in the year to 31 Dec 2025.

Company No. 09317976 · Incorporated 19 Nov 2014

Hitech Grand Prix Limited

Registered name: HITECH GRAND PRIX LIMITED

Hitech Grand Prix Limited made £23.4m revenue and a £4m loss in the year to 31 Dec 2025.

Hitech Grand Prix Limited’s revenue fell 11% to £23.4m in the year to 31 Dec 2025, with a loss of £4m and 87 employees. The company is classified under “other sports activities” and is based in Silverstone; we hold 3 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 93199Other sports activities

Status: Active
Location: Silverstone, East Midlands
Age: 11 yrs · since 2014
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCash flow filed

Revenue

£23.4m

Growth ▼10.7%

Profit

−£4m

Growth ▼523.7%

Profit margin

−17.1%

Gross 4.1%

Employees

Change ▲24.3%

Profit / employee

−£45.8k

Revenue/employee £269k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£30.4m	£26.2m	£23.4m
Cost of sales	£14.2m	£16.3m	£22.4m
Gross profit	£16.2m	£9.9m	£965k
Operating profit	£1.3m	£786k	−£4.2m
Profit before tax	£1.1m	£670k	−£4.3m
Profit after tax	£1.1m	£941k	−£4m
Profit (best available)	£1.1m	£941k	−£4m
Staff costs	£2.6m	£3.6m	£4.5m
Employees (average)	58	70	87
Ratios
Profit margin	3.8%	3.6%	−17.1%
Gross margin	53.2%	37.7%	4.1%
Revenue per employee	£525k	£374k	£269k
Profit per employee	£19.7k	£13.4k	−£45.8k
Cash conversion	−41.2%	−191.8%	—
Growth (year on year)
Revenue growth	—	▼13.9%	▼10.7%
Profit growth	—	▼17.5%	▼523.7%
Headcount growth	—	▲20.7%	▲24.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£639k	£2.6m
Net assets	£6.1m	£7m	£3m
Fixed assets	£11.7m	£10.7m	£10.1m
Current assets	£5.7m	£6.2m	£10.9m
Debtors	£1.5m	£1.2m	£3m
Deferred income	£5m	£3.9m	£12.2m
Cash from operations	−£545k	−£1.5m	−£2.4m
Source	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −17.1%; Profit ÷ revenue.
Gross margin: 4.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £269k; Revenue ÷ average employees.
Profit per employee: −£45.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 43.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 52.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.9%; 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: ▼57%; Now £3m
Cash at bank: ▲305%; Now £2.6m
Headcount: ▲24%; Now 87
Deferred income: ▲213%; Now £12.2m
Fixed assets: ▼6%; Now £10.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£4m), from the Companies House accounts bulk data published Sep 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.