HQ Sourcing Ltd
Registered name: HQ SOURCING LTD
HQ Sourcing Ltd made £970k revenue and £114k profit in the year to 1 Sep 2026.
HQ Sourcing Ltd’s revenue was £970k in the year to 1 Sep 2026, with £114k profit and 5 employees. The company is classified under “sale of used cars and light motor vehicles” and is based in Oldham.
- Status
- Active
- Location
- Oldham, North West
- Age
- 1 yr · since 2025
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 1 Sep 2026 |
|---|---|
| Disclosure | Full P&L |
| Profit & loss | |
| Revenue (turnover) | £970k |
| Cost of sales | £698k |
| Gross profit | £272k |
| Operating profit | £152k |
| Profit before tax | £152k |
| Profit after tax | £114k |
| Profit (best available) | £114k |
| Employees (average) | 5 |
| Ratios | |
| Profit margin | 11.8% |
| Gross margin | 28% |
| Revenue per employee | £194k |
| Profit per employee | £22.9k |
| Balance sheet — indirect signals, not revenue | |
| Cash at bank | £15.8k |
| Net assets | £193k |
| Fixed assets | £26.7k |
| Current assets | £232k |
| Source | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 11.8%
- Profit ÷ revenue.
- Gross margin
- 28%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £194k
- Revenue ÷ average employees.
- Profit per employee
- £22.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.8%
- 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 £193k
- Cash at bank
- —
- Now £15.8k
- Headcount
- —
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £26.7k
Similar profitable businesses
- LMR Cars LtdLondon · Sale of used cars and light motor vehicles
- Revenue
- £984k
- Profit
- £32.8k
- Staff
- 2
- Shalommotorcars LimitedDurham · Sale of used cars and light motor vehicles
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- Coleman Car Sales LimitedOlney · Sale of used cars and light motor vehicles
- Revenue
- £1m
- Profit
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- Staff
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- Hartshill Car Sales (Telford) LimitedTelford · Sale of used cars and light motor vehicles
- Revenue
- £934k
- Profit
- £32.4k
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- KC Procurement Kars LimitedDerby · Sale of used cars and light motor vehicles
- Revenue
- £1.1m
- Profit
- £48k
- Staff
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- Walsall Car Centre LtdWalsall · Sale of used cars and light motor vehicles
- Revenue
- £868k
- Profit
- £8.1k
- Staff
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Sources
Latest figures from FullAccounts for the year to 1 Sep 2026 (profit £114k), 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.