Hay Technology Limited
Registered name: HAY TECHNOLOGY LIMITED
Part of Shaype Group Limited groupHay Technology Limited made £0 revenue and a £2.6m loss in the year to 30 Jun 2024.
Hay Technology Limited’s revenue was £0 in the year to 30 Jun 2024, with a loss of £2.6m and 21 employees. The company is classified under “other information technology service activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £0 | £0 |
| Cost of sales | £0 | £0 |
| Gross profit | £0 | £0 |
| Operating profit | −£5.3m | −£2m |
| Profit before tax | −£5.6m | −£3.2m |
| Profit after tax | −£5.1m | −£2.6m |
| Profit (best available) | −£5.1m | −£2.6m |
| Employees (average) | 20 | 21 |
| Ratios | ||
| Profit margin | — | — |
| Revenue per employee | £0 | £0 |
| Profit per employee | −£255k | −£123k |
| Growth (year on year) | ||
| Headcount growth | — | ▲5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £99k | £38.1k |
| Net assets | −£13.6m | −£16m |
| Fixed assets | £0 | £0 |
| Current assets | £707k | £3.5m |
| Debtors | £0 | £1.1m |
| Deferred income | £142k | £595k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£123k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now −£16m
- Cash at bank
- ▼62%
- Now £38.1k
- Headcount
- ▲5%
- Now 21
- Deferred income
- ▲318%
- Now £595k
- Fixed assets
- —
- Now £0
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
- Shaype Group Limited (registered outside the UK register)ultimate parent75–100%
- Hay Technology Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Shaype Technology Ni 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 30 Jun 2024 (profit −£2.6m), from the Companies House accounts bulk data published Oct 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.