Hoare Lea LLP
Registered name: HOARE LEA LLP
Part of Tetra Tech, Inc. groupHoare Lea LLP made £121m revenue and £14.6m profit in the year to 28 Sep 2025.
Hoare Lea LLP’s revenue was £121m in the year to 28 Sep 2025, with £14.6m profit and 1,111 employees. The company is based in Bristol; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 10 yrs · since 2016
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
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 | 29 Sep 2023 | 28 Sep 2024 | 29 Sep 2024 | 28 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £118m | £121m | £121m | £121m |
| Operating profit | £16.8m | £15.7m | £15.7m | £14.3m |
| Profit before tax | £17.2m | £16m | £16m | £14.7m |
| Profit after tax | £17.2m | £16m | £16m | £14.6m |
| Profit (best available) | £17.2m | £16m | £16m | £14.6m |
| Employees (average) | 1,192 | 1,174 | 1,174 | 1,111 |
| Ratios | ||||
| Profit margin | 14.5% | 13.2% | 13.2% | 12.1% |
| Revenue per employee | £99.3k | £103k | £103k | £109k |
| Profit per employee | £14.4k | £13.6k | £13.6k | £13.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲2.6% | — | ▲0.1% |
| Profit growth | — | ▼7% | — | ▼8.4% |
| Headcount growth | — | ▼1.5% | — | ▼5.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Feb 2025 | Accounts · bulk data Jun 2026 | Accounts · bulk data Feb 2025 | Accounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 12.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £109k
- Revenue ÷ average employees.
- Profit per employee
- £13.2k
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- ▼5%
- Now 1,111
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Tetra Tech, Inc. (registered outside the UK register)ultimate parent75–100%
- Tetra Tech UK Holdings Limited75–100%
- Tetra Tech UK Limited75–100%
- Hoare Lea LLPthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Hoare Lea Holdings LimitedRev. £0 · Profit £0
Sister companies (4)
- Ndy Consulting LimitedRev. £10.1m · Profit £908k
- Coffey Geotechnics LimitedRev. £7.2m · Profit −£61k
- Piteau Associates UK LimitedFigures not disclosed
- Tetra Tech International Development Europe LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 28 Sep 2025 (profit £14.6m), from the Companies House accounts bulk data published Jun 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.