HB TOPCO LIMITED
Get an alert when HB TOPCO LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£4.8M
-25.3% vs 2023
Net assets
-£21M
-35.6% vs 2023
Employees
171
+4.9% vs 2023
Profit before tax
-£4.9M
-48.3% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £25,312,105 | £23,712,130 | -6.3% | |
| Operating profit | -£402,347 | -£2,150,667 | -434.5% | |
| Profit before tax | -£3,336,690 | -£4,947,432 | -48.3% | |
| Net profit | -£4,242,745 | -£5,641,814 | -33% | |
| Cash | £6,426,253 | £4,800,143 | -25.3% | |
| Total assets less current liabilities | £15,646,208 | £7,021,774 | -55.1% | |
| Net assets | -£15,521,492 | -£21,048,582 | -35.6% | |
| Equity | -£15,521,492 | -£21,048,582 | -35.6% | |
| Average employees | 163 | 171 | +4.9% | |
| Wages | £6,996,131 | £7,234,467 | +3.4% | |
| Directors' remuneration | £755,754 | £604,009 | -20.1% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -1.6% | -9.1% | |
| Net margin | -16.8% | -23.8% | |
| Return on capital employed | -2.6% | -30.6% | |
| Gearing (liabilities / total assets) | 149.4% | 188.7% | |
| Current ratio | 0.62x | 0.52x | |
| Interest cover | -0.13x | -0.74x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group made a loss during the year and has net current liabilities and net liabilities at the year end. However, shareholders have confirmed they will provide necessary financial support for the Group and Company to trade for at least a year. Directors continue to adopt the going concern basis.”
Group structure
- HB TOPCO LIMITED · parent
- HB Bidco Limited 100%
- Great British Botanical Limited 100%
- Hartley Botanic Limited 100%
- Hartley Botanic Inc 100%
Significant events
- “The economic headwinds of 2023 continued into 2024, as customers' confidence and desire to spend remain to be impacted. Despite these continued headwinds, the Group managed all challenges it faced and ultimately delivered another strong year of trading.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARRY, Tom | Director | 2021-05-14 | Dec 1961 | British |
| BOBRICK, Neal | Director | 2021-05-14 | Apr 1961 | American |
| CHANDLER, Karl Haydon | Director | 2025-09-25 | May 1976 | British |
| STOREY, Mark Henry | Director | 2021-03-18 | Oct 1961 | British |
| TOOGOOD, Martin | Director | 2021-05-14 | Dec 1946 | English |
| WILSON, Neil Richard | Director | 2021-03-18 | May 1982 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, Christopher Mark | Director | 2021-05-14 | 2022-09-22 |
| MAHMOOD, Tariq | Director | 2022-09-22 | 2025-03-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Alcuin Gp V Llp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-03-18 | Active |
Filing timeline
Last 20 of 32 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type group | |
| 2025-03-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-18 | AA | accounts | Accounts with accounts type group | |
| 2024-03-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-26 | CH01 | officers | Change person director company with change date | |
| 2023-10-05 | AA | accounts | Accounts with accounts type group | |
| 2023-03-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-26 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-26 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-16 | AA | accounts | Accounts with accounts type group | |
| 2022-04-12 | SH10 | capital | Capital variation of rights attached to shares | |
| 2022-04-12 | SH08 | capital | Capital name of class of shares | |
| 2022-03-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-12-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-07-27 | SH01 | capital | Capital allotment shares | |
| 2021-07-12 | CH01 | officers | Change person director company with change date | |
| 2021-07-12 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- 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.