How much does Haycap (No 2) Limited make?

Haycap (No 2) Limited reported revenue of £1.1m and £173k profit in the year to 30 Apr 2024, according to its accounts filed at Companies House.

How many employees does Haycap (No 2) Limited have?

Haycap (No 2) Limited reported an average of 16 employees in the year to 30 Apr 2024.

Is Haycap (No 2) Limited profitable?

Yes — Haycap (No 2) Limited reported a profit of £173k in the year to 30 Apr 2024.

Company No. SC352604 · Incorporated 16 Dec 2008

Haycap (No 2) Limited

Registered name: HAYCAP (NO 2) LIMITED

Part of Morton Fraser Macroberts LLP group

Haycap (No 2) Limited made £1.1m revenue and £173k profit in the year to 30 Apr 2024.

Haycap (No 2) Limited’s revenue grew 8% to £1.1m in the year to 30 Apr 2024, with £173k profit and 16 employees. The company is classified under “solicitors” and is based in Edinburgh; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69102Solicitors

Status: Liquidation
Location: Edinburgh, Scotland
Age: 17 yrs · since 2008
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.

Latest accounts · year to 30 Apr 2024

Key figures

Capital-lightOperating leverage

Revenue

£1.1m

Growth ▲8.2%

Profit

£173k

Growth ▲32.2%

Profit margin

15.1%

Gross 19.6%

Employees

Change 0%

Profit / employee

£10.8k

Revenue/employee £71.5k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2023	30 Apr 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.1m	£1.1m
Cost of sales	£890k	£919k
Gross profit	£167k	£224k
Operating profit	£167k	£224k
Profit before tax	£159k	£224k
Profit after tax	£131k	£173k
Profit (best available)	£131k	£173k
Employees (average)	16	16
Ratios
Profit margin	12.4%	15.1%
Gross margin	15.8%	19.6%
Revenue per employee	£66.1k	£71.5k
Profit per employee	£8.2k	£10.8k
Growth (year on year)
Revenue growth	—	▲8.2%
Profit growth	—	▲32.2%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£70.9k	£52.2k
Net assets	−£72.8k	£100k
Fixed assets	£14.9k	£8.1k
Current assets	£381k	£430k
Debtors	£284k	£353k
Source	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: 15.1%; Profit ÷ revenue.
Gross margin: 19.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £71.5k; Revenue ÷ average employees.
Profit per employee: £10.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 30.9%; 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 £100k
Cash at bank: ▼26%; Now £52.2k
Headcount: 0%; Now 16
Deferred income: —; Now —
Fixed assets: ▼45%; Now £8.1k

Corporate ownership

Group structure

Ownership chain

Morton Fraser Macroberts LLPultimate parent25–50%
Haycap (No 2) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (6)

Macroberts Corporate Services LimitedFigures not disclosed
Macroberts Trustees LimitedFigures not disclosed
Mfmac Secretaries LimitedFigures not disclosed
MSM Trustees LimitedFigures not disclosed
The Shareholding & Investment (Property) LimitedFigures not disclosed
The Shareholding & Investment Trust LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2024 (profit £173k), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.