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Hippo Digital Limited

09877239

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1ST FLOOR AIRESIDE HOUSE, LEEDS, LS1 4HT
Incorporated 18/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Adam Yorath Lewis

director · Since 18/11/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 11 other boards

Dr Michael Robert Watts

director · Since 04/02/2022

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 52

Also on 11 other boards

Persons with Significant Control

Project Cake Bidco Limited

75–100% shares
75–100% votes
Appoint directors

Princes House, 38 Jermyn Street, London, SW1Y 6DN

Reg: 13246317 · Companies House · Private Company Limited By Shares

Notified 30/03/2021

Former PSCs

Mr Adam Lewis

Ceased 30/03/2021

Mr Robert John Coop

Ceased 30/03/2021

Charges1 outstanding

Charge
outstanding

KROLL TRUSTEE SERVICES LIMITED AS SECURITY AGENT

Created 20/06/2025Registered 23/06/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 30/03/2023Registered 03/04/2023Satisfied 02/04/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC AS SECURITY AGENT FOR THE SECURED PARTIES

Created 18/03/2022Registered 24/03/2022Satisfied 02/04/2025
Charge
satisfied

GROWTH CAPITAL PARTNERS NOMINEES LIMITED AS LOAN NOTE SECURITY AGENT

Created 30/03/2021Registered 06/04/2021Satisfied 02/04/2025
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 29/10/2019Registered 31/10/2019Satisfied 23/02/2021

CompanyRankvs 2096+ SIC 62020 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.29× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

these financial statements, have no reason to believe that a material uncertainty exists that may cast doubt about the ability of the Company to continue as a going concern. The Directors have prepared forecasts that consider a period of more than 12 months from the signing of the financial statements which show that the Company will be able to continue to operate withi

Key FinancialsYear ending 31/03/2025

Turnover

£73.2M

Annual revenue

Net Worth

£35.0M

Balance sheet strength

Cash

£12.8M

Cash in the bank

Profit Before Tax

£9.3M

Bottom line earnings

Net Current Assets

£23.4M

Working capital

Current Assets

£41.6M

Current Liabilities

£18.1M

Fixed Assets

£23.6M

Debtors

£28.8M

Cost of Sales

£50.0M

Gross Profit

£23.3M

Admin Expenses

£12.6M

Operating Profit

£10.9M

Profit After Tax

£11.1M

418avg. employees+90

Tax at Year End(2024)

Corp tax£845k

People Costs

Wages & salaries£26.7M
NI contributions£3.3M

Balance Sheet

Intangible assets£20.1M
Assets less current liabilities£47.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20252.29+£11.1M
20241.43+£5.7M
20230.99+£7.4M
20222.56+£7.3M
20201.88+£1.7M
20192.26

Derived from filed accounts. Not audited figures.