HF LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-11 (in 1mo)
Last made up 2025-05-28
Watchouts
Cash
£6M
+725.2% highest in 3 filed years
Net assets
£12M
+102.6% vs 2023
Employees
826
+23.7% vs 2023
Profit before tax
£8M
+106.5% vs 2023
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 · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £51,516,609 | £68,870,994 | |
| Operating profit | — | £5,041,258 | £8,811,559 | |
| Profit before tax | — | £4,105,811 | £8,477,025 | |
| Net profit | — | £3,036,645 | £6,190,032 | |
| Cash | -£4,468,408 | £723,592 | £5,970,957 | |
| Total assets less current liabilities | — | £17,322,334 | £21,836,897 | |
| Net assets | — | £6,033,013 | £12,220,138 | |
| Equity | £2,892,886 | £6,033,013 | £12,220,138 | |
| Average employees | — | 668 | 826 | |
| Wages | — | £31,269,890 | £40,710,458 | |
| Directors' remuneration | — | £605,014 | £689,616 |
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 2024-12-31 vs 2023-12-31
-
Turnover
+33.7%
£51,516,609 £68,870,994
-
Cash
+725.2%
£723,592 £5,970,957
highest in 3 filed years
-
Net assets
+102.6%
£6,033,013 £12,220,138
-
Employees
+23.7%
668 826
-
Operating profit
+74.8%
£5,041,258 £8,811,559
-
Profit before tax
+106.5%
£4,105,811 £8,477,025
-
Wages
+30.2%
£31,269,890 £40,710,458
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 9.8% | 12.8% | |
| Net margin | — | 5.9% | 9.0% | |
| Return on capital employed | — | 29.1% | 40.4% | |
| Gearing (liabilities / total assets) | — | 84.2% | 76.5% | |
| Current ratio | — | 1.38x | 1.39x | |
| Interest cover | — | 3.98x | 7.62x |
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 2 times since incorporation
- HF LIMITED 2026-01-09 → present
- HORWICH FARRELLY LIMITED 2021-03-11 → 2026-01-09
- HORWICH FARRELLY 2021 LIMITED 2021-02-15 → 2021-03-11
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' 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
- HF LIMITED · parent
- Horwich Farrelly Northern Ireland LLP 100%
- Horwich Farrelly Scotland LLP 100%
- Horwich Farrelly ROI LLP 100%
- HF Nominee Limited 100%
- HF Assistance Limited 100%
- HighFive Powered by HF Limited 100%
- HF Limited 100%
- HF.LAW Ltd 100%
- Law by Design Limited 100%
- Investigations by Design Limited 100%
- HR Solutions by Design Limited 100%
- Doon Limited 100%
- Quigg Golden Ireland Limited 100%
- Quigg Golden NI Limited 100%
- Quigg Golden Limited 100%
Significant events
- “The Group expanded through acquisitions of the By Design Group of companies and Quigg Golden companies entering the employment, construction and procurement law sectors for the first time.”
- “In March 2025, the company was acquired by a group headed by HF Topco Limited. The ultimate controlling party became CBPE Capital Partners LLP by virtue of their shareholding of HF Topco Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCCARTHY, Patrick James | Secretary | 2021-03-09 | — | — |
| MCCANN, Ronan | Director | 2021-02-15 | Feb 1979 | Irish |
| MCCARTHY, Patrick James | Director | 2024-12-05 | Jul 1977 | British,Irish |
| O'ROARKE, John Brendan | Director | 2021-03-09 | Mar 1958 | British |
| YOUNG, Andrew James | Director | 2022-09-12 | Oct 1969 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| REYNARD, Thomas Paul | Director | 2021-03-09 | 2022-05-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hf Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-03-25 | Active |
| Mr Ronan Mccann | Individual | Shares 50–75%, Voting 75–100%, Appoints directors | 2021-02-15 | Ceased 2025-03-25 |
Filing timeline
Last 20 of 67 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-09 CERTNM Certificate change of name company
- 2025-07-01 MA Memorandum articles
- 2025-07-01 RESOLUTIONS Resolution
- 2025-04-15 MA Memorandum articles
- 2025-04-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-09 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-10-14 | AA | accounts | Accounts with accounts type group | |
| 2025-10-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-01 | MA | incorporation | Memorandum articles | |
| 2025-07-01 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-15 | MA | incorporation | Memorandum articles | |
| 2025-04-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-09 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-04-09 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-12-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-30 | SH06 | capital | Capital cancellation shares | |
| 2024-10-30 | SH06 | capital | Capital cancellation shares | |
| 2024-10-30 | SH03 | capital | Capital return purchase own shares | |
| 2024-10-30 | SH03 | capital | Capital return purchase own shares | |
| 2024-09-24 | SH01 | capital | Capital allotment shares | |
| 2024-07-02 | AA | accounts | Accounts with accounts type group | |
| 2024-06-20 | SH01 | capital | Capital allotment shares | |
| 2024-06-20 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 7
- 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.