HATCH ASSOCIATES LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. HATCH ASSOCIATES LIMITED 1990-03-30 → present
2. RIGPAD LIMITED 1989-09-22 → 1990-03-30

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Deloitte 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 were no liquidity issues noted under these scenarios (taking into account the disposals of Hatch Küttner and Brainnwave post year-end) and consequently directors do not see material uncertainties over going concern of the business over the next 12 months.”

Group structure

1. HATCH ASSOCIATES LIMITED · parent
   1. Hatch AB 100% · Sweden
   2. Hatch Associates Lesotho (Pty) Limited 100% · Lesotho
   3. Hatch Associates (Proprietary) Limited 100% · Botswana
   4. Hatch Saudi Arabia LLC 100% · Saudi Arabia
   5. Hatch Küttner GmbH 100% · Germany
   6. Hatch SP. Z O.O. 100% · Poland
   7. Hatch - FDINE Co Ltd 51% · China

Significant events

• “On October 1, 2024, the Group transferred all shares of its 100% German subsidiary, Hatch Küttner GmbH ("Hatch Küttner") to the Parent.”
• “In a further step to align with the Hatch Group's evolving digital strategy, the Group has also transferred to another Hatch Group's subsidiary all the intellectual property, software, and associated rights in Brainnwave Group Limited ("Brainnwave").”
• “Additionally, during the year the Group closed its Oman subsidiary, Hatch Partnership LLC.”
• “In February 2025, the Company sold the Brainnwave assets to Hatch Group to facilitate their further integration into Hatch Group's global digital strategy. The consideration for the transaction was £4.6 million, equivalent to the carrying value of the Brainnwave assets in the Group's accounts.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +99.1%

  £72,399,113 → £144,140,387

• Cash

  +31.3%

  £9,189,113 → £12,066,638

• Net assets

  -1,147.2%

  £872,092 → -£9,132,476

• Employees

  +6.7%

  104 → 111

• Operating profit

  -2,076.1%

  -£181,306 → -£3,945,472

• Profit before tax

  -1,183.6%

  £449,408 → -£4,869,606

• Wages

  +2%

  £7,775,120 → £7,928,677

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