HATCH ASSOCIATES LIMITED
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Cash
£8.4m
-30.2% lowest in 3 filed years
Net assets
£5.9m
+164.3% highest in 3 filed years
Employees
148
+33.3% highest in 3 filed years
Profit before tax
£25m
+605.4% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £72,399,113 | £144,140,387 | £60,447,715 | -58.1% | |
| Operating profit | -£181,306 | -£3,945,472 | £8,339,574 | +311.4% | |
| Profit before tax | £449,408 | -£4,869,606 | £24,612,884 | +605.4% | |
| Net profit | -£617,288 | -£6,652,174 | £22,588,220 | +439.6% | |
| Cash | £9,189,113 | £12,066,638 | £8,428,545 | -30.2% | |
| Total assets less current liabilities | £872,092 | -£9,132,476 | £5,869,070 | +164.3% | |
| Net assets | £872,092 | -£9,132,476 | £5,869,070 | +164.3% | |
| Equity | £872,272 | -£9,186,483 | £5,815,072 | +163.3% | |
| Average employees | 104 | 111 | 148 | +33.3% | |
| Wages | £7,775,120 | £7,928,677 | £10,013,897 | +26.3% | |
| Directors' remuneration | £173,850 | £198,210 | £128,100 | -35.4% | |
| Directors' pension contributions | £6,100 | £6,100 | £6,100 | 0% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Operating margin | -0.3% | -2.7% | 13.8% | |
| Net margin | -0.9% | -4.6% | 37.4% | |
| Return on capital employed | -20.8% | — | 142.1% | |
| Gearing (liabilities / total assets) | 98.8% | 117.7% | 79.4% | |
| Current ratio | 0.77x | 0.56x | 1.23x | |
| Interest cover | — | -88.18x | 82.58x |
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 1 time since incorporation
- HATCH ASSOCIATES LIMITED 1990-03-30 → present
- RIGPAD LIMITED 1989-09-22 → 1990-03-30
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. The Group has run various downside scenarios focusing specifically on a reduction in revenues of continuing operations over the 12-month period from the date these financial statements were approved. There was no liquidity issues noted under these scenario and consequently directors do not see material uncertainties over going concern of the business over the next 12 months.”
Group structure
- HATCH ASSOCIATES LIMITED · parent
- Hatch AB 100%
- Hatch Associates Lesotho (Pty) Limited 100%
- Hatch Associates (Proprietary) Limited 100%
- Hatch Saudi Arabia LLC 100%
- Hatch SP. Z O.O. 100%
- Hatch - FDINE Co Ltd 51%
- Hatch Associates Zambia Limited 99%
Significant events
- “On October 1, 2024, the Group transferred all shares of its 100% German subsidiary, Hatch Küttner GmbH ("Hatch Küttner") to the Parent.”
- “The transaction, completed in February 2025, involved the sale of these assets [Brainnwave IP, software, and rights] to Hatch Group for a total consideration of £4.6 million at no gain or loss to the Group.”
- “Additionally, during the year the Group opened its Zambia subsidiary, Hatch Associates Zambia Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LALA, Mathapelo Philadelphia | Secretary | 2022-06-21 | — | — |
| BIANCHINI, Giovanni, Mr. | Director | 2012-06-01 | Nov 1962 | Canadian |
| CLARK, Julian Fredrick, Mr. | Director | 2019-08-01 | Jul 1970 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GOFFAGE, Scott Campbell | Secretary | 1999-10-01 | 2001-05-21 |
| LANGILL, Peter Irving | Secretary | — | 1999-10-01 |
| TUMMERS, John Pierre | Secretary | 2001-05-21 | 2022-06-21 |
| BEDDOWS, Rodney Graham | Director | 1999-10-01 | 2010-10-04 |
| DOBLE, Martin Paul | Director | 1999-10-01 | 2001-05-21 |
| DORAN, Michael | Director | 1999-10-01 | 2006-01-23 |
| FENTIE, Harvey Dwayne, Dr | Director | 1999-10-02 | 2004-01-23 |
| FENTIE, Harvey Dwayne | Director | — | 1999-10-01 |
| LANGILL, Peter Irving | Director | — | 1999-10-01 |
| MALIN, Simon | Director | 2018-03-26 | 2019-08-01 |
| MORREY, Graham Ward | Director | 2001-05-21 | 2004-08-31 |
| NOLAN, Ronald Robert | Director | 2001-05-22 | 2008-07-07 |
| NOLAN, Ronald Robert | Director | — | 2001-05-21 |
| PRICE, Roger Frank | Director | — | 2018-03-26 |
| STROBELE, Kurt Anton, Doctor | Director | 2008-07-07 | 2012-06-01 |
| WASMUND, Bert Orland | Director | — | 1999-10-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr. Giovanni Bianchini | Individual | Voting 50–75%, Appoints directors | 2025-11-12 | Active |
| Hatchcos Holdings Ltd. | Corporate entity | Shares 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-11-12 |
Filing timeline
Last 20 of 142 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-18 | AA | accounts | Accounts with accounts type group | |
| 2026-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-06 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-05-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type group | |
| 2024-10-16 | AA | accounts | Accounts with accounts type group | |
| 2024-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-19 | AA | accounts | Accounts with accounts type group | |
| 2022-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-27 | AA | accounts | Accounts with accounts type group | |
| 2022-06-24 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-06-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-04 | AA | accounts | Accounts with accounts type group | |
| 2020-11-16 | CH03 | officers | Change person secretary company with change date | |
| 2020-09-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-08 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.