HCB GROUP LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-14 (in 5mo)
Last made up 2025-09-30
Watchouts
None on the register
Cash
£3M
-13.2% vs 2024
Net assets
£17M
+25.7% vs 2024
Employees
278
+12.6% vs 2024
Profit before tax
£6M
+29.5% vs 2024
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · latest reflected 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | £18,124,620 | £21,426,604 | |
| Operating profit | — | £2,546,690 | £3,461,625 | |
| Profit before tax | — | £4,396,708 | £5,694,941 | |
| Net profit | — | £3,533,541 | £4,255,727 | |
| Cash | — | £3,991,851 | £3,464,840 | |
| Total assets less current liabilities | — | £15,652,926 | £17,785,142 | |
| Net assets | — | £13,277,322 | £16,695,167 | |
| Equity | £8,421,790 | £13,277,322 | £16,695,167 | |
| Average employees | — | 247 | 278 | |
| Wages | — | £9,770,235 | £11,412,810 | |
| 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+18.2%
£18,124,620 £21,426,604
-
Cash
-13.2%
£3,991,851 £3,464,840
-
Net assets
+25.7%
£13,277,322 £16,695,167
-
Employees
+12.6%
247 278
-
Operating profit
+35.9%
£2,546,690 £3,461,625
-
Profit before tax
+29.5%
£4,396,708 £5,694,941
-
Wages
+16.8%
£9,770,235 £11,412,810
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 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | — | 14.1% | 16.2% | |
| Net margin | — | 19.5% | 19.9% | |
| Return on capital employed | — | 16.3% | 19.5% | |
| Current ratio | — | 1.82x | 2.45x | |
| Interest cover | — | 6.04x | 3.65x |
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
- HCB GROUP LIMITED 2016-03-12 → present
- TEESG LIMITED 2011-09-30 → 2016-03-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Thomas & Young Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and 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
- HCB GROUP LIMITED · parent
- Lurke Street LLP 100%
- HCB (West Midlands) Ltd 100%
- HCB Cardiff (Property) Ltd 51%
- HCB Legal Ltd 51%
- HCB Legal Ltd 33%
- HCB Solicitors Ltd 50%
- HCB Solicitors Ltd 70%
- HCB Solicitors Ltd 100%
- HCB Solicitors Ltd 72%
- HCB Widdows Mason Ltd 51%
- HCB Widdows Mason Ltd 28%
- HCB Widdows Mason Ltd 25%
Significant events
- “Turnover has increased by 18% from £18.1 million in 2024 to £21.4 million in 2025. The increase in turnover was primarily due to vacancies across the group being filled and a rise in workload for the Solicitors.”
- “Profit after tax increased by 20% from £3.53 million in 2024 to £4.26 million in 2024. The increase in profit after tax was largely due to the increase in bank interest rates since 2024 leading to the group earning higher interest on client monies held.”
- “The risks and uncertainties facing the company are the decrease in long-term demand for commercial properties since working from home has become more common and a risk of properties remaining empty for a period of time causing a loss of income during that time.”
- “The objective of the group is to increase turnover and profitability through strategic expansion and organic growth over every office, whilst also taking advantage of any new business opportunities that arise.”
- “There is a low cash flow risk as the business is generating a positive cash flow from operating activities. There are no large outflows of cash on the horizon in the near future.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GAHAN, Michael David | Director | 2011-09-30 | Apr 1971 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GAHAN, Anne Marie | Director | 2011-10-31 | 2014-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Michael David Gahan | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 60 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-19 | AA | accounts | Accounts with accounts type group | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-20 | AA | accounts | Accounts with accounts type group | |
| 2024-12-12 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-12 | CH01 | officers | Change person director company with change date | |
| 2024-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-14 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2024-04-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-02-13 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2024-02-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-08 | AA | accounts | Accounts with accounts type group | |
| 2023-10-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-10-12 | AA | accounts | Accounts with accounts type group | |
| 2022-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-19 | AA | accounts | Accounts with accounts type group | |
| 2021-10-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-05 | AA | accounts | Accounts with accounts type group | |
| 2020-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.