How much does Wearehydrogen Ltd make?

Wearehydrogen Ltd reported revenue of £2.3m and a loss of £373k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Wearehydrogen Ltd have?

Wearehydrogen Ltd reported an average of 29 employees in the year to 31 Dec 2025.

Is Wearehydrogen Ltd profitable?

No — Wearehydrogen Ltd reported a loss of £373k in the year to 31 Dec 2025.

Company No. SC542348 · Incorporated 10 Aug 2016

Wearehydrogen Ltd

Registered name: WEAREHYDROGEN LTD

Part of Pa Media Group Limited group

Wearehydrogen Ltd made £2.3m revenue and a £373k loss in the year to 31 Dec 2025. read from filing text

Wearehydrogen Ltd’s revenue was £2.3m in the year to 31 Dec 2025, with a loss of £373k and 29 employees. The company is classified under “advertising agencies” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 73110Advertising agencies

Status: Active
Location: Glasgow, Scotland
Age: 10 yrs · since 2016
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 31 Dec 2025

Key figures

Capital-light

Revenue

£2.3m

Growth —

Profit

−£373k

Growth —

Profit margin

−16.4%

Gross 79.2%

Employees

Change —

Profit / employee

−£12.9k

Revenue/employee £78.3k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£2.9m	£2.3m
Cost of sales	£603k	£472k
Gross profit	£2.3m	£1.8m
Operating profit	−£535k	−£434k
Profit before tax	−£484k	−£369k
Profit after tax	−£586k	−£373k
Profit (best available)	−£586k	−£373k
Employees (average)	—	29
Ratios
Profit margin	−20.2%	−16.4%
Gross margin	79.2%	79.2%
Revenue per employee	—	£78.3k
Profit per employee	—	−£12.9k
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£606k
Net assets	£474k	£101k
Fixed assets	£85k	£58k
Current assets	£1.9m	£1.2m
Debtors	£486k	£251k
Source	FullAccounts · bulk data Sep 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −16.4%; Profit ÷ revenue.
Gross margin: 79.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £78.3k; Revenue ÷ average employees.
Profit per employee: −£12.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.1%; 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 £101k
Cash at bank: —; Now £606k
Headcount: —; Now 29
Deferred income: —; Now —
Fixed assets: —; Now £58k

Corporate ownership

Group structure

Ownership chain

Pa Media Group Limitedultimate parent75–100%
The Press Association Limited75–100%
Wearehydrogen Ltdthis company

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

Subsidiaries (1)

Social Media Training School LtdFigures not disclosed

Sister companies (8)

Stream UK Media Services LimitedRev. £11m · Profit £445k
Ebs New Media LtdRev. £2.5m · Profit £1.6m
Alamy LimitedFigures not disclosed
Pa Media LimitedRev. — · Profit £1.2m
Pa Photos LimitedRev. — · Profit −£34k
Podium Sports LimitedFigures not disclosed
Social Media Training School LtdFigures not disclosed
The Scottish Press Association 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 31 Dec 2025 (profit −£373k), 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.