Hkip Hyif NO.5 LLP
Registered name: HKIP HYIF NO.5 LLP
Part of Whiteberry Partners II LLP groupHkip Hyif NO.5 LLP made £10.8k revenue and £0 profit in the year to 31 Dec 2025.
Hkip Hyif NO.5 LLP’s revenue fell 57% to £10.8k in the year to 31 Dec 2025, with £0 profit and 0 employees. The company is based in Glasgow; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 4 yrs · since 2021
- 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 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £24.9k | £10.8k |
| Gross profit | — | £24.9k | £10.8k |
| Operating profit | — | £19.6k | −£14.5k |
| Profit before tax | — | £1.4m | −£14.5k |
| Profit after tax | — | £0 | £0 |
| Profit (best available) | — | £0 | £0 |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | 0% | 0% |
| Gross margin | — | 100% | 100% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼56.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £0 | £4.2k | £1.2k |
| Net assets | — | £54.8k | £5.1m |
| Fixed assets | — | £0 | £3 |
| Current assets | £1.6m | £68.1k | £5.1m |
| Debtors | £1.6m | £63.9k | £5.1m |
| Deferred income | — | £1.5k | £16k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 148.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 47700%
- 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
- ▲9258%
- Now £5.1m
- Cash at bank
- ▼70%
- Now £1.2k
- Headcount
- —
- Now 0
- Deferred income
- ▲967%
- Now £16k
- Fixed assets
- —
- Now £3
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
- Whiteberry Partners II LLPultimate parent75–100%
- Hkip Hyif NO.5 LLPthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Hkip (Dundee One) LtdRev. £465k · Profit −£950k
- Hkip (Kingshill) LtdRev. £358k · Profit −£729k
- Hkip (Douglas Street) LtdFigures not disclosed
Sister companies (8)
- Boundcap LLPFigures not disclosed
- Whiteberry II (Cityfields Wakefield) UK LtdFigures not disclosed
- Whiteberry II (Leeds) LimitedFigures not disclosed
- Whiteberry II (Staybrook) LtdFigures not disclosed
- Whiteberry II (Yorkshire) LimitedFigures not disclosed
- Whiteberry II Edinburgh LimitedFigures not disclosed
- Whiteberry II Stansted LimitedFigures not disclosed
- Whiteberry Partners II Lending LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £0), from the Companies House accounts bulk data published Aug 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.