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Company No. 13493813 · Incorporated 5 Jul 2021

Hived Ltd

Registered name: HIVED LTD

Hived Ltd made £13.2m revenue and a £21.7m loss in the year to 31 Dec 2025.

Hived Ltd’s revenue was £13.2m in the year to 31 Dec 2025, with a loss of £21.7m and 286 employees. The company is classified under “unlicensed carrier” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 53202Unlicensed carrier
Status
Active
Location
London, London
Age
5 yrs · since 2021
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

Independent
Revenue
£13.2m
Growth —
Profit
−£21.7m
Growth —
Profit margin
−164.3%
Gross 5.1%
Employees
286
Change —
Profit / employee
−£75.9k
Revenue/employee £46.2k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jul 202331 Jul 202431 Dec 2025
DisclosureNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£5.2m£13.2m
Cost of sales—£6.1m£12.5m
Gross profit—−£924k£679k
Operating profit—−£9.6m−£22.1m
Profit before tax—−£9.7m−£22.1m
Profit after tax—−£8.9m−£21.7m
Profit (best available)—−£8.9m−£21.7m
Employees (average)321262286
Ratios
Profit margin—−171.6%−164.3%
Gross margin—−17.8%5.1%
Revenue per employee—£19.8k£46.2k
Profit per employee—−£34k−£75.9k
Growth (year on year)
Headcount growth—▼18.4%—
Balance sheet — indirect signals, not revenue
Cash at bank£2.4m£2m£4.1m
Net assets£2.9m£3m£5.3m
Fixed assets£1m£1.6m£1.8m
Current assets£3.5m£4.1m£7.5m
Debtors£1.1m£1.1m£1.5m
Deferred income—£677k£802k
SourceAbridgedAccounts · bulk data Mar 2025AbridgedAccounts · bulk data Mar 2025FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
−164.3%
Profit ÷ revenue.
Gross margin
5.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£46.2k
Revenue ÷ average employees.
Profit per employee
−£75.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
13.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
6.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11.6%
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
—
Now £5.3m
Cash at bank
—
Now £4.1m
Headcount
—
Now 286
Deferred income
—
Now £802k
Fixed assets
—
Now £1.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£21.7m), from the Companies House accounts bulk data published Aug 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.