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Company No. 09877239 · Incorporated 18 Nov 2015

Hippo Digital Limited

Registered name: HIPPO DIGITAL LIMITED

Part of Exponent Private Equity (Holdings) LLP group

Hippo Digital Limited made £74.8m revenue and £5.1m profit in the year to 31 Mar 2026.

Hippo Digital Limited’s revenue grew 2% to £74.8m in the year to 31 Mar 2026, with £5.1m profit and 481 employees. The company is classified under “information technology consultancy activities” and is based in Leeds; we hold 5 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities
Status
Active
Location
Leeds, Yorkshire and The Humber
Age
10 yrs · since 2015
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 immediate parent company is Project Cake Bidco Limited, a company incorporated in England and Wales. Agility Topco Limited, a company registered in England and Wales prepared consolidated financia”

Latest accounts · year to 31 Mar 2026

Key figures

Revenue
£74.8m
Growth ▲2.1%
Profit
£5.1m
Growth ▼54.5%
Profit margin
6.8%
Gross 31.2%
Employees
481
Change ▲15.1%
Profit / employee
£10.5k
Revenue/employee £155k
Profitable streak
5yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 202531 Mar 2026
DisclosureFull P&LFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£24.5m£38.6m£55.2m£73.2m£74.8m
Cost of sales£16m£24.9m£37.6m£50m£51.4m
Gross profit£8.5m£13.7m£17.6m£23.3m£23.4m
Operating profit£4.6m£8m£6.9m£10.9m£8.5m
Profit before tax£4.6m£8.1m£8.4m£9.3m£6.8m
Profit after tax£4.2m£7.4m£5.7m£11.1m£5.1m
Profit (best available)£4.2m£7.4m£5.7m£11.1m£5.1m
Staff costs£7.8m£15.1m£23.2m£31.6m£37.2m
Employees (average)139227328418481
Ratios
Profit margin17.3%19.1%10.2%15.2%6.8%
Gross margin34.6%35.5%31.9%31.8%31.2%
Revenue per employee£176k£170k£168k£175k£155k
Profit per employee£30.5k£32.4k£17.2k£26.6k£10.5k
Growth (year on year)
Revenue growth—▲57.5%▲43.2%▲32.6%▲2.1%
Profit growth—▲73.8%▼23.2%▲96.6%▼54.5%
Headcount growth—▲63.3%▲44.5%▲27.4%▲15.1%
Balance sheet — indirect signals, not revenue
Cash at bank£1.4m£3.5m£8.8m£12.8m£5.2m
Net assets£10.9m£18.2m£23.9m£35m£40.1m
Fixed assets£2.1m£28.6m£26.2m£23.6m£21.3m
Current assets£14.5m£17.6m£29m£41.6m£51.8m
Debtors£6.8m£8.1m£10.6m£5.9m£9.6m
Deferred income£1.1m£2.4m£1.7m£1.5m£2.6m
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
6.8%
Profit ÷ revenue.
Gross margin
31.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£155k
Revenue ÷ average employees.
Profit per employee
£10.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
28.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12.8%
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
▲14%
Now £40.1m
Cash at bank
▼60%
Now £5.2m
Headcount
▲15%
Now 481
Deferred income
▲72%
Now £2.6m
Fixed assets
▼10%
Now £21.3m

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

  1. Exponent Private Equity (Holdings) LLPultimate parent75–100%
  2. Agility Topco Limited75–100%
  3. Agility Bidco Limited75–100%
  4. Project Cake Topco Limited75–100%
  5. Project Cake Midco Limited75–100%
  6. Project Cake Bidco Limited75–100%
  7. Hippo Digital Limitedthis company

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

Subsidiaries (1)

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

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £5.1m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 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.