HID CORPORATION LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-19 (this month)
Last made up 2025-05-05
Watchouts
None on the register
Cash
£187K
Latest balance sheet
Net assets
£13M
-47.1% vs 2023
Employees
172
+4.9% highest in 4 filed years
Profit before tax
-£12M
-355.3% lowest in 4 filed years
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £91,936,539 | £110,641,867 | £112,831,627 | £101,231,852 | |
| Operating profit | — | — | — | £3,124,259 | £2,838,143 | £5,836,112 | £2,794,337 | |
| Profit before tax | — | — | — | £1,891,039 | £5,532,714 | £4,528,227 | -£11,561,374 | |
| Net profit | — | — | — | £1,921,719 | £6,567,330 | £4,900,153 | -£11,762,366 | |
| Cash | — | — | — | — | — | — | £186,905 | |
| Total assets less current liabilities | — | — | — | — | — | £110,751,587 | £58,903,113 | |
| Net assets | — | — | — | — | — | £24,974,633 | £13,212,267 | |
| Equity | £13,312,000 | £16,509,000 | £20,108,703 | £18,430,441 | £20,074,480 | £24,974,633 | £13,212,267 | |
| Average employees | — | — | — | 138 | 142 | 164 | 172 | |
| Wages | — | — | — | £25,259,015 | £26,648,144 | £15,020,407 | £16,399,677 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 3.4% | 2.6% | 5.2% | 2.8% | |
| Net margin | — | — | — | 2.1% | 5.9% | 4.3% | -11.6% | |
| Return on capital employed | — | — | — | — | — | 5.3% | 4.7% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 81.4% | 89.4% | |
| Current ratio | — | — | — | — | — | 1.41x | 1.03x | |
| Interest cover | — | — | — | 2.53x | 1.27x | 1.29x | 0.51x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Affinia (Chelmsford)
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are satisfied that they have a reasonable basis upon which to conclude that the Company is able to meet its liabilities as they fall due in the foreseeable future.”
Group structure
- HID CORPORATION LIMITED · parent
- HID CID Limited 100%
- Access Limited 100%
- Technology Solutions (UK) Limited 100%
Significant events
- “On 8 January 2025, HID Corporation Limited purchased the entire shareholding of Third Millennium Systems Ltd, Third Millennium, founded in 1996 and based in Wales, UK, is a provider of access control solutions and software to enterprise and government end-customers in the UK and Europe, with robust in-house technology expertise. This company will be part of HID’s Physical Access Control Solutions Business Area.”
- “On 31 January 2025, HID Corporation Limited disposed of its 100% shareholding of HID CID Limited (and its associated subsidiaries) to TOPPAN. This sale was part of a wider ASSA ABLOY divestiture of HID’s Citizen Identity business.”
- “On the 1st July 2025, a transfer of trade of agreement was reached with Omni-ID Limited, with the trade of Omni-ID Limited being transferred to HID Corporation Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FITZGERALD, Michael David, Mr. | Secretary | 2016-10-31 | — | — |
| HUDDART, Martin | Director | 2022-10-12 | Sep 1968 | American,British |
| LIDEFELT, Björn Einar | Director | 2020-01-17 | Apr 1981 | Swedish |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Andrew, Mr. | Secretary | 2010-04-26 | 2011-02-02 |
| DANDY, Alan James, Mr. | Secretary | 2015-02-28 | 2016-09-20 |
| GRAEME, Dorothy May | Nominee Secretary | 1998-05-22 | 1998-05-22 |
| HESS JR., Parke Hoffman | Secretary | 1999-08-19 | 2001-08-01 |
| ROKE, Timothy Charles | Secretary | 2003-03-01 | 2010-04-26 |
| SANTOS, Thomas Vincent | Secretary | 2001-08-01 | 2003-03-01 |
| SCHNÖBEL, Jürgen Wolfgang | Secretary | 2011-02-02 | 2015-02-28 |
| THOMAS, Holger, Mr. | Secretary | 2015-02-28 | 2016-05-14 |
| PALOMAR TECHNOLOGICAL COMPANIES (DELAWARE CORP) | Corporate Secretary | 1998-05-22 | 2003-03-01 |
| BALL, Anthony Michael | Director | 2007-05-01 | 2016-07-18 |
| CRUMLEY, Laura, Ms. | Director | 2016-09-20 | 2022-02-18 |
| GLASS, Rodney Christopher, Mr. | Director | 2016-09-20 | 2022-08-12 |
| GRAEME, Lesley Joyce | Nominee Director | 1998-05-22 | 1998-05-22 |
| GRILLO, Joseph James | Director | 1999-08-19 | 2007-04-19 |
| HALL, Spencer William | Director | 1999-08-19 | 2005-03-01 |
| HEBERT, Denis Raymond | Director | 2006-06-09 | 2015-09-02 |
| HESS JR., Parke Hoffman | Director | 1999-08-19 | 2001-08-01 |
| NALDRETT, Paul Francis | Director | 2009-01-01 | 2010-04-26 |
| RADSTAAK, Harm | Director | 2010-04-26 | 2021-09-20 |
| SANTOS, Thomas Vincent | Director | 2003-03-01 | 2006-06-09 |
| SULLIVAN, David Melton | Director | 2005-03-01 | 2007-04-30 |
| TRIBER, David Roger | Director | 2010-04-26 | 2012-12-31 |
| WIDING, Ronnie Stefan, Mr. | Director | 2016-09-20 | 2020-01-17 |
| HID GLOBAL CORPORATION (DELAWARE CORP) | Corporate Director | 1998-05-22 | 2016-09-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Assa Abloy Ab | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 139 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-02 | AA | accounts | Accounts with accounts type full | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | AA | accounts | Accounts with accounts type full | |
| 2024-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-21 | AA | accounts | Accounts with accounts type full | |
| 2023-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-18 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-30 | AA | accounts | Accounts with accounts type full | |
| 2022-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-24 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-28 | AA | accounts | Accounts with accounts type full | |
| 2021-09-21 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-13 | CH01 | officers | Change person director company with change date | |
| 2021-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-08 | AA | accounts | Accounts with accounts type full | |
| 2020-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-03-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-01-31 | AP01 | officers | Appoint person director company with name date | |
| 2020-01-31 | TM01 | officers | Termination director company with name termination 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-10.3%
£112,831,627 £101,231,852
-
Cash
—
Not reported
-
Net assets
-47.1%
£24,974,633 £13,212,267
-
Employees
+4.9%
164 172
highest in 4 filed years
-
Operating profit
-52.1%
£5,836,112 £2,794,337
lowest in 4 filed years
-
Profit before tax
-355.3%
£4,528,227 -£11,561,374
lowest in 4 filed years
-
Wages
+9.2%
£15,020,407 £16,399,677
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers