Hempsons LLP
Registered name: HEMPSONS LLP
Part of HF Topco Limited groupHempsons LLP made £24.3m revenue and £1.9m profit in the year to 30 Jun 2024.
Hempsons LLP’s revenue grew 2% to £24.3m in the year to 30 Jun 2024, with £1.9m profit and 198 employees. The company is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £22.4m | £23.8m | £24.3m |
| Operating profit | £1.5m | £1.9m | £2m |
| Profit after tax | £1.4m | £1.8m | £1.9m |
| Profit (best available) | £1.4m | £1.8m | £1.9m |
| Employees (average) | 213 | 200 | 198 |
| Ratios | |||
| Profit margin | 6.4% | 7.7% | 7.9% |
| Revenue per employee | £105k | £119k | £122k |
| Profit per employee | £6.7k | £9.1k | £9.7k |
| Cash conversion | −1.1% | 109.7% | 137.6% |
| Growth (year on year) | |||
| Revenue growth | — | ▲6.5% | ▲1.8% |
| Profit growth | — | ▲27.9% | ▲5.3% |
| Headcount growth | — | ▼6.1% | ▼1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £58 | £40 | £812k |
| Net assets | £3.7m | £3.3m | £4.4m |
| Fixed assets | £1.1m | £879k | £474k |
| Current assets | £9.1m | £8.8m | £9.1m |
| Debtors | £4.6m | £3.8m | £3.6m |
| Deferred income | £1.2m | £965k | £894k |
| Cash from operations | −£16.9k | £2.1m | £2.8m |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 7.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £122k
- Revenue ÷ average employees.
- Profit per employee
- £9.7k
- Profit ÷ average employees.
- Cash conversion
- 137.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.8%
- 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
- ▲32%
- Now £4.4m
- Cash at bank
- ▲2031015%
- Now £812k
- Headcount
- ▼1%
- Now 198
- Deferred income
- ▼7%
- Now £894k
- Fixed assets
- ▼46%
- Now £474k
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
- HF Topco Limitedultimate parent75–100%
- HF Holdco Limited75–100%
- HF Midco Limited75–100%
- HF Bidco Limited75–100%
- HF Limited75–100%
- Hempsons LLPthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (8)
- Doon LimitedFigures not disclosed
- HF Assistance LimitedFigures not disclosed
- Hf.law LtdFigures not disclosed
- Highfive Powered by HF LtdFigures not disclosed
- Horwich Farrelly LimitedFigures not disclosed
- Horwich Farrelly Nominee LimitedFigures not disclosed
- HR Solutions by Design LimitedActive - Proposal to Strike offFigures not disclosed
- Investigations by Design LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit £1.9m), from the Companies House accounts bulk data published Jan 2025. 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.