Hippo Digital Limited
Registered name: HIPPO DIGITAL LIMITED
Part of Exponent Private Equity (Holdings) LLP groupHippo 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.
- 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”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full 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) | 139 | 227 | 328 | 418 | 481 |
| Ratios | |||||
| Profit margin | 17.3% | 19.1% | 10.2% | 15.2% | 6.8% |
| Gross margin | 34.6% | 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 |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
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.
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.
Group structure
Ownership chain
- Exponent Private Equity (Holdings) LLPultimate parent75–100%
- Agility Topco Limited75–100%
- Agility Bidco Limited75–100%
- Project Cake Topco Limited75–100%
- Project Cake Midco Limited75–100%
- Project Cake Bidco Limited75–100%
- Hippo Digital Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Shed Data Services LimitedFigures not disclosed
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.