How much does Hokodo Ltd make?

Hokodo Ltd reported revenue of £1.7m and a loss of £8.8m in the year to 31 May 2023, according to its accounts filed at Companies House.

How many employees does Hokodo Ltd have?

Hokodo Ltd reported an average of 0 employees in the year to 31 May 2023.

Is Hokodo Ltd profitable?

No — Hokodo Ltd reported a loss of £8.8m in the year to 31 May 2023.

Company No. 11215527 · Incorporated 20 Feb 2018

Hokodo Ltd

Registered name: HOKODO LTD

Hokodo Ltd made £1.7m revenue and a £8.8m loss in the year to 31 May 2023.

Hokodo Ltd’s revenue grew 450% to £1.7m in the year to 31 May 2023, with a loss of £8.8m and 0 employees. The company is classified under “business and domestic software development” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 64999Financial intermediation not elsewhere classified SIC 66220Activities of insurance agents and brokers

Status: Active
Location: London, London
Age: 8 yrs · since 2018
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 May 2023

Key figures

IndependentSmall team

Revenue

£1.7m

Growth ▲449.8%

Profit

−£8.8m

Growth —

Profit margin

−509.1%

Gross −2.1%

Employees

Change —

Profit / employee

—

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£313k	£1.7m
Cost of sales	£4.1k	£1.8m
Gross profit	£309k	−£36.4k
Operating profit	−£3.5m	−£8.9m
Profit before tax	−£3.6m	−£8.8m
Profit after tax	−£3.6m	−£8.8m
Profit (best available)	−£3.6m	−£8.8m
Employees (average)	0	0
Ratios
Profit margin	−1140%	−509.1%
Gross margin	98.7%	−2.1%
Growth (year on year)
Revenue growth	—	▲449.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£24m	£28.5m
Net assets	£24.1m	£31.6m
Fixed assets	£2.8m	£5.3m
Current assets	£25.2m	£41.8m
Debtors	£578k	£7.2m
Deferred income	£3.5k	£103k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: −509.1%; Profit ÷ revenue.
Gross margin: −2.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 306.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 416.6%; 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 £31.6m
Cash at bank: ▲19%; Now £28.5m
Headcount: —; Now 0
Deferred income: ▲2851%; Now £103k
Fixed assets: ▲85%; Now £5.3m

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

Subsidiaries (1)

Hokodo Services LtdLiquidationFigures 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 May 2023 (profit −£8.8m), from the Companies House accounts bulk data published May 2024. 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.