HAWK INCENTIVES HOLDINGS LIMITED
Get an alert when HAWK INCENTIVES HOLDINGS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-28
Confirmation statement due
2027-03-08 (in 10mo)
Last made up 2026-02-22
Watchouts
None on the register
Cash
£169M
+17.6% highest in 5 filed years
Net assets
£54M
+52.1% highest in 5 filed years
Employees
425
+3.7% highest in 5 filed years
Profit before tax
£26M
+18.6% vs 2023
Net assets
8-year trend · vs Industrials median
Accounts
8-year trend · latest reflected 2024-12-28
| Metric | Trend | 2019-12-29 | 2021-01-02 | 2022-01-01 | 2022-01-02 | 2022-12-31 | 2023-01-01 | 2023-12-30 | 2024-12-28 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | £159,939,000 | £179,136,000 | |
| Operating profit | — | — | — | — | — | — | £17,040,000 | £19,414,000 | |
| Profit before tax | — | — | — | — | — | — | £21,646,000 | £25,674,000 | |
| Net profit | — | £1,426,000 | £12,246,000 | — | -£278,000 | — | £16,035,000 | £18,546,000 | |
| Cash | — | £2,800,000 | £1,516,000 | — | £3,199,000 | — | £143,586,000 | £168,871,000 | |
| Total assets less current liabilities | — | £14,042,000 | £26,288,000 | — | £26,010,000 | — | £35,579,000 | £54,123,000 | |
| Net assets | — | £14,042,000 | £26,288,000 | — | £26,010,000 | — | £35,579,000 | £54,123,000 | |
| Equity | £12,616,000 | £14,042,000 | £26,288,000 | £26,288,000 | £26,010,000 | £26,010,000 | £35,579,000 | £54,123,000 | |
| Average employees | — | 0 | 0 | — | 0 | — | 410 | 425 | |
| Wages | — | — | — | — | — | — | £23,212,000 | £23,043,000 | |
| Directors' remuneration | — | — | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-28 vs 2023-12-30
-
Turnover
+12%
£159,939,000 £179,136,000
-
Cash
+17.6%
£143,586,000 £168,871,000
highest in 5 filed years
-
Net assets
+52.1%
£35,579,000 £54,123,000
highest in 5 filed years
-
Employees
+3.7%
410 425
highest in 5 filed years
-
Operating profit
+13.9%
£17,040,000 £19,414,000
-
Profit before tax
+18.6%
£21,646,000 £25,674,000
-
Wages
-0.7%
£23,212,000 £23,043,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-29 | 2021-01-02 | 2022-01-01 | 2022-01-02 | 2022-12-31 | 2023-01-01 | 2023-12-30 | 2024-12-28 |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | 10.7% | 10.8% | |
| Net margin | — | — | — | — | — | — | 10.0% | 10.4% | |
| Return on capital employed | — | — | — | — | — | — | 47.9% | 35.9% | |
| Current ratio | — | — | — | — | — | — | 1.13x | 1.16x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 5 times since incorporation
- HAWK INCENTIVES HOLDINGS LIMITED 2018-05-03 → present
- THE GRASS ROOTS GROUP HOLDINGS LIMITED 2016-06-06 → 2018-05-03
- THE GRASS ROOTS GROUP HOLDINGS PLC 2016-06-06 → 2016-06-06
- THE GRASS ROOTS GROUP PLC 1987-07-10 → 2016-06-06
- THE PROMOTIONS HOUSE PUBLIC LIMITED COMPANY 1983-05-31 → 1987-07-10
- LAKELAST LIMITED 1983-05-17 → 1983-05-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Menzies LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. We have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- HAWK INCENTIVES HOLDINGS LIMITED · parent
- Cyclescheme Limited 1%
- Blackhawk Network EMEA Limited 1%
- Hawk Incentives Trust Company Limited 1%
- Intelligent Card Solutions Limited 1%
Significant events
- “The Group's operating cash has increased following the transfer into the Group of a fellow Blackhawk business which added £47.4M of cash to the groups cash resources. In addition, members of the group entered into a cash pooling arrangement during 2023 with other entities in the EMEA Region.”
- “The Group has entered into a new lease arrangement relating to its offices in Apsley. As a result of the new arrangement the Group will reduce its occupation of the building from 4 floors to 2 with effect from 1st January 2025.”
- “On 22nd October 2025, a dividend of £15,000,000 was proposed from a subsidiary company, Cyclescheme Limited, to the Company. Also on this date, a dividend of £15,000,000 was proposed to the immediate parent company, Blackhawk Network Inc. The dividend from Cyclescheme was received on 29th October 2025, and the dividend to Blackhawk Network Inc. was paid on 3rd November 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 52 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WAINHOUSE, Michelle Josephine | Secretary | 2016-10-06 | — | — |
| GURNEY, Patrick Philip | Director | 2016-10-06 | Jun 1970 | British |
| HOWE, Matthew David | Director | 2016-10-06 | Aug 1971 | English |
Show 52 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURRAGE, Richard Charles | Secretary | — | 1997-02-26 |
| COLFER, Alexis | Secretary | 2013-06-30 | 2016-10-06 |
| EGERTON-KING, Nigel David | Secretary | 1997-02-26 | 2006-09-25 |
| O'BYRNE, Helen Sarah | Secretary | 2006-09-25 | 2013-06-30 |
| BANDELL, Richard David | Director | 2013-08-01 | 2016-10-06 |
| BENDER, Nicholas | Director | 2008-04-28 | 2011-07-15 |
| BUNTING, John Anderson | Director | 2013-09-09 | 2015-07-01 |
| BURRAGE, Richard Charles | Director | — | 2008-05-01 |
| CLUTTON, Russell | Director | 2011-08-08 | 2014-03-31 |
| COLES, Anthony Iaroslav | Director | — | 1993-02-05 |
| COLLINSON, Jonathan Jeffreys | Director | 2000-05-30 | 2001-07-02 |
| COVER, Nigel Peter Michael | Director | 1997-10-20 | 2001-07-02 |
| DELANEY, Paul | Director | 2013-02-18 | 2013-04-08 |
| DOE, John Barry | Director | — | 1998-12-31 |
| EGERTON-KING, Nigel David | Director | 1997-02-26 | 2011-05-31 |
| EGGAR, Jonathan Neil | Director | 2013-02-18 | 2016-07-13 |
| EMMINS, Robert Philip | Director | — | 1993-08-24 |
| EVANS, David William | Director | — | 2016-10-06 |
| HACKETT, David John | Director | 2012-12-06 | 2016-10-06 |
| HILL, Lorraine Marion | Director | 1999-03-17 | 1999-11-24 |
| HUMPHREYS, Stephen Peter | Director | 2008-04-28 | 2011-05-26 |
| KENNY, Jonathan Paul Andrew | Director | 2016-10-06 | 2018-08-07 |
| KING, Richard | Director | 2013-01-01 | 2016-10-06 |
| KIRK, Richard John | Director | 2003-10-02 | 2006-01-30 |
| LISTER, Andrew William | Director | 2016-10-07 | 2017-12-15 |
| LISTER, Andrew William | Director | 2013-02-18 | 2016-10-06 |
| LISTER, Andrew William | Director | 2008-04-28 | 2012-11-05 |
| MARSH, John | Director | 2013-02-18 | 2014-01-10 |
| MELLMAN, Laurence | Director | 2013-04-08 | 2016-10-06 |
| MELLMAN, Laurence | Director | 2002-01-28 | 2004-03-12 |
| O'BYRNE, Helen Sarah | Director | 2008-06-30 | 2013-06-30 |
| ORLIK, Chantal | Director | 1997-10-20 | 2000-09-29 |
| PATEL, Zarin Homi | Director | 2014-09-08 | 2016-10-06 |
| PAYNE, Andrew Robertson | Director | 2016-07-13 | 2016-10-06 |
| PENNY, Richard James Stanley | Director | 1993-08-24 | 1998-07-30 |
| POVEY, Mark Julian | Director | 2013-02-18 | 2016-07-13 |
| RICHARDSON, Paul Winston George | Director | 1998-06-17 | 2002-01-28 |
| RICHESSON, Kirsten Ellen | Director | 2016-10-06 | 2023-06-16 |
| RONALD, Christopher Noel Austin | Director | 2021-04-01 | 2026-01-02 |
| SALAMA, Eric Ralph | Director | 1996-02-13 | 1998-06-17 |
| SCOTT, Andrew Grant Balfour | Director | 2004-03-12 | 2016-10-06 |
| SIDBURY, Adam | Director | 1998-04-27 | 2001-07-02 |
| SOLOMON, Nathaniel | Director | — | 2016-10-06 |
| STIMPSON, Anthony Gwilym | Director | 1993-08-24 | 1996-02-09 |
| SWEETLAND, Christopher Paul | Director | 2013-02-18 | 2016-07-13 |
| VERMAN, Martin | Director | 2016-10-07 | 2017-04-14 |
| WARD VAN DER WELLE, Charles | Director | 2016-07-13 | 2016-10-06 |
| WHITE, James Stanley | Director | 1997-08-18 | 2002-10-28 |
| WHITE, James Stanley | Director | — | 1997-06-30 |
| WHITE, Julie Elizabeth | Director | 1998-04-27 | 2001-07-02 |
| WILMOT, Andrew | Director | 2008-04-28 | 2012-03-26 |
| WOOD, Charles Raymond | Director | — | 1993-02-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Blackhawk Network Holdings, Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-23 | Ceased 2018-06-14 |
| Mr David William Evans Mbe | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-11-23 |
| Wpp Beans Ltd | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-11-23 |
Filing timeline
Last 20 of 297 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-19 | AA | accounts | Accounts with accounts type group | |
| 2025-03-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-05 | AD04 | address | Move registers to registered office company with new address | |
| 2024-12-02 | AA | accounts | Accounts with accounts type group | |
| 2024-03-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-12 | AA | accounts | Accounts with accounts type group | |
| 2023-07-10 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-30 | AA | accounts | Accounts with accounts type group | |
| 2022-03-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-29 | AA | accounts | Accounts with accounts type group | |
| 2021-07-19 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2021-06-03 | AP01 | officers | Appoint person director company with name date | |
| 2021-02-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-15 | AA | accounts | Accounts with accounts type group | |
| 2020-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-11-19 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2019-11-18 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.