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Company No. 10352997 · Incorporated 31 Aug 2016

Hi-Tec Europe Limited

Registered name: HI-TEC EUROPE LIMITED

Hi-Tec Europe Limited made £13.3m revenue and a £1.2m loss in the year to 31 Dec 2025.

Hi-Tec Europe Limited’s revenue fell 42% to £13.3m in the year to 31 Dec 2025, with a loss of £1.2m and 29 employees. The company is classified under “other retail sale in non-specialised stores” and is based in Watford,; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47190Other retail sale in non-specialised stores
Status
Active
Location
Watford,, East of England
Age
10 yrs · since 2016
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightCash flow filed
Revenue
£13.3m
Growth ▼41.7%
Profit
−£1.2m
Growth ▼188.5%
Profit margin
−9.4%
Gross 11.3%
Employees
29
Change ▼12.1%
Profit / employee
−£42.9k
Revenue/employee £457k
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£34.5m£26.4m£22.7m£13.3m
Cost of sales£26.4m£19.9m£18.5m£11.8m
Gross profit£8.1m£6.5m£4.2m£1.5m
Operating profit£374k£357k£443k£2.2k
Profit before tax£284k£325k£432k£32.6k
Profit after tax£953k−£544k£1.4m−£1.2m
Profit (best available)£953k−£544k£1.4m−£1.2m
Staff costs£2.6m£2m£2.1m£2.4m
Employees (average)48393329
Ratios
Profit margin2.8%−2.1%6.2%−9.4%
Gross margin23.5%24.7%18.4%11.3%
Revenue per employee£718k£676k£689k£457k
Profit per employee£19.9k−£13.9k£42.6k−£42.9k
Cash conversion−1429%1686%509.3%15434%
Growth (year on year)
Revenue growth—▼23.5%▼13.8%▼41.7%
Profit growth—▼157.1%—▼188.5%
Headcount growth—▼18.8%▼15.4%▼12.1%
Balance sheet — indirect signals, not revenue
Cash at bank£776k£1.4m£2.3m£1.7m
Net assets£3.4m£2.9m£4.1m£2.8m
Fixed assets£310k£280k£226k£169k
Current assets£13.6m£7.5m£6.5m£3.6m
Debtors£1.5m£593k£1.9m£1m
Cash from operations−£5.3m£6m£2.3m£335k
SourceAccounts · bulk data Jun 2024Accounts · bulk data Jun 2024FullAccounts · bulk data Jul 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
−9.4%
Profit ÷ revenue.
Gross margin
11.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£457k
Revenue ÷ average employees.
Profit per employee
−£42.9k
Profit ÷ average employees.
Cash conversion
15434%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.7%
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
▼31%
Now £2.8m
Cash at bank
▼26%
Now £1.7m
Headcount
▼12%
Now 29
Deferred income
—
Now —
Fixed assets
▼25%
Now £169k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£1.2m), 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.