HGCAPITAL LLP
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-04-07 (in 11mo)
Last made up 2026-03-24
Watchouts
None on the register
Cash
£97M
+54.7% vs 2024
Net assets
£83M
+125.3% vs 2024
Employees
278
-2.5% vs 2024
Profit before tax
—
Period ending 2025-03-31
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £171,817,000 | £226,604,000 | |
| Operating profit | £46,568,000 | £83,895,000 | |
| Profit before tax | — | — | |
| Net profit | £49,463,000 | £87,554,000 | |
| Cash | £62,375,000 | £96,525,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £36,824,000 | £82,961,000 | |
| Equity | £36,824,000 | £82,961,000 | |
| Average employees | 285 | 278 | |
| Wages | £89,506,000 | £103,057,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 27.1% | 37.0% | |
| Net margin | 28.8% | 38.6% | |
| Current ratio | 1.44x | 2.21x |
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
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements are prepared on a going concern basis, as the Members are satisfied that the LLP has the resources to continue in business for a period of at least 12 months from approval of the financial statements. The review showed the LLP has sufficient liquidity in place to support its business operations, including its commitments to Hg Funds, for the foreseeable future. Accordingly, the Members have a reasonable expectation the LLP has resources to continue as a going concern for an 12 month period from the date of approval of the financial statements.”
Group structure
- HGCAPITAL LLP · parent
- HgCapital Initial GP Limited 100%
- HgCapital Trustee Company Limited 100%
- Hg Renewable Power GP (Scotland) Limited 100%
- Hg Genesis (Lux) General Partner S.à r.l. 100%
- Hg Saturn (Lux) General Partner S.à r.l. 100%
- Hg Mercury (Lux) General Partner S.à r.l. 100%
- Hg Titan 2 (Lux) General Partner S.à r.l. 100%
- HgCapital 6 General Partner (Guernsey) Limited 100%
- HgCapital Mercury General Partner (Guernsey) Limited 100%
- Hg Saturn General Partner (Guernsey) Limited 100%
- Hg Saturn 2 General Partner (Guernsey) Limited 100%
- Hg Genesis 9 General Partner (Guernsey) Limited 100%
- Hg Mercury 3 General Partner (Guernsey) Limited 100%
- Hg Genesis C General Partner (Guernsey) Limited 100%
- Hg Saturn C General Partner (Guernsey) Limited 100%
- Hg Mercury C General Partner (Guernsey) Limited 100%
- Hg Genesis P&E General Partner (Guernsey) Limited 100%
- Hg Saturn P&E General Partner (Guernsey) Limited 100%
- Hg Mercury P&E General Partner (Guernsey) Limited 100%
- Hg Saturn 3 General Partner (Guernsey) Limited 100%
- Hg Genesis 10 General Partner (Guernsey) Limited 100%
- Hg Titan 1 General Partner (Guernsey) Limited 100%
- Hg Titan 1 P&E General Partner (Guernsey) Limited 100%
- Hg Mercury 4 General Partner (Guernsey) Limited 100%
- Hg Titan 2 General Partner (Guernsey) Limited 100%
- Hg Titan 2 P&E General Partner (Guernsey) Limited 100%
- Hg Genesis 8 Aggregator GP (Guernsey) Limited 100%
- Hg Genesis 10 Telesto General Partners (Guernsey) Limited 100%
- Hg Mercury 4 Telesto General Partners (Guernsey) Limited 100%
- Hg Saturn Aggregator GP (Guernsey) Limited 100%
- Hg Saturn 3 Telesto General Partners (Guernsey) Limited 100%
- Hg Titan 2 C General Partner (Guernsey) Limited 100%
Significant events
- “At 31 March 2025, the LLP had investment purchases of £755,000 (2024: £648,000) that had been authorised and contractually committed but not yet drawn. The Members did not identify any significant events that occurred subsequent to the year-end that would require disclosure or adjustment to the accounts.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
12 active · 50 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BATCHELOR, Steven James | Llp Designated Member | 2017-04-01 | Nov 1977 | — |
| BROCKMAN, Matthew Edward | Llp Designated Member | 2010-12-13 | Dec 1970 | — |
| HUMPHRIES, Nicholas James, Mr. | Llp Designated Member | 2003-10-01 | Dec 1967 | — |
| BOYES, Jonathan Philip | Llp Member | 2017-04-01 | May 1977 | — |
| BRIAN, Jean-Baptiste Vincent Roger Robert | Llp Member | 2019-04-01 | May 1978 | — |
| BRIENS, Sebastien Marie Julien | Llp Member | 2016-04-01 | May 1973 | — |
| ISSOTT, David Ian | Llp Member | 2017-04-01 | Mar 1977 | — |
| JORDAN, Nicholas David Lloyd | Llp Member | 2018-04-01 | Sep 1977 | — |
| LAND, Andrew Ronald | Llp Member | 2014-08-01 | May 1972 | — |
| VON SIMSON, Justin Tobias John | Llp Member | 2007-05-01 | Sep 1974 | — |
| GROUP HOLDCO 1 LIMITED | Corporate Llp Member | 2022-10-31 | — | — |
| SECOND MEMBER (UK) LIMITED | Corporate Llp Member | 2022-10-31 | — | — |
Show 50 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLOCK, Martin John | Llp Designated Member | 2003-10-01 | 2018-04-01 |
| BOUGH, Stephen Michael | Llp Designated Member | 2002-03-26 | 2018-04-01 |
| ARMITAGE, Ian | Llp Member | 2002-04-01 | 2014-03-13 |
| BATCHELOR, Steven James | Llp Member | 2007-05-01 | 2014-03-31 |
| BAYLEY, Trevor Keith | Llp Member | 2002-04-01 | 2012-05-22 |
| BOYES, Jonathan Philip | Llp Member | 2008-12-01 | 2014-03-31 |
| DE LASZLO, Robert | Llp Member | 2008-12-01 | 2014-03-31 |
| DIBDEN, Lindsay George | Llp Member | 2002-04-01 | 2012-05-22 |
| DONALDSON, Craig Michael | Llp Member | 2002-04-01 | 2017-04-01 |
| DONNER, Richard Philip Webber | Llp Member | 2007-05-01 | 2020-12-31 |
| DREES, Joachim Gerhard | Llp Member | 2010-03-23 | 2012-07-31 |
| GODDARD, Roy | Llp Member | 2002-04-01 | 2010-04-23 |
| GOOD, Amanda Fulmor | Llp Member | 2016-04-01 | 2020-10-02 |
| HANSEN, Mads Peter | Llp Member | 2019-01-07 | 2021-02-25 |
| HANSEN, Mads Peter | Llp Member | 2019-01-07 | 2023-04-17 |
| HARRING, Carl Michael Steve, Mr. | Llp Member | 2010-07-01 | 2012-03-31 |
| HARTMANN, Karsten | Llp Member | 2007-05-01 | 2010-02-19 |
| HENDRICKS, Neil | Llp Member | 2007-05-01 | 2014-03-31 |
| HEWETSON, Benjamin Antony Patrick | Llp Member | 2002-04-01 | 2007-11-21 |
| JACOB, Frances Carol | Llp Member | 2002-03-26 | 2018-04-01 |
| KING, Alexander Leslie John | Llp Member | 2007-05-01 | 2014-10-14 |
| LAING, Alastair Robert | Llp Member | 2008-12-01 | 2010-11-25 |
| LAND, Andrew Ronald | Llp Member | 2011-11-01 | 2014-03-31 |
| LE HURAY, Martin Guy | Llp Member | 2019-02-27 | 2021-02-25 |
| LEONG, Justin Garry | Llp Member | 2011-08-15 | 2012-11-21 |
| LICHT, Leonard Samuel | Llp Member | 2002-04-01 | 2009-03-30 |
| LINCOLN, Robin Lewis | Llp Member | 2007-05-01 | 2009-07-27 |
| LUCKOCK, Nicholas Charles | Llp Member | 2016-10-03 | 2022-03-31 |
| MARRIOTT-SIMS, Dawn | Llp Member | 2019-04-01 | 2025-03-31 |
| MARTIN, Nicholas Rupert Zelenka | Llp Member | 2002-04-01 | 2006-05-26 |
| MATHEWS, Richard James | Llp Member | 2002-04-01 | 2012-05-22 |
| MOORE, Ian Robert | Llp Member | 2009-06-01 | 2012-05-22 |
| MURLEY, Thomas Scott | Llp Member | 2007-05-01 | 2014-03-31 |
| PERARNAUD, Jean | Llp Member | 2010-07-01 | 2013-03-31 |
| RIDLEY SMITH, Jill Sealey | Llp Member | 2007-05-01 | 2009-02-13 |
| ROMBERG, Kai | Llp Member | 2007-05-01 | 2019-05-31 |
| ROURKE, Matthew Joseph, Mr. | Llp Member | 2009-12-01 | 2019-03-31 |
| SAVAGE, Emma Jane | Llp Member | 2007-05-01 | 2014-03-31 |
| SCHERER, Franz, Dr | Llp Member | 2006-10-09 | 2010-04-23 |
| SCHWALBER, Philipp Theodor | Llp Member | 2007-05-01 | 2014-03-31 |
| SHARMAN, Jeremy William | Llp Member | 2002-04-01 | 2006-03-31 |
| STONE, Lisa Jane | Llp Member | 2002-03-26 | 2018-04-01 |
| THOMASSEN, Jens Martin Kildehoj | Llp Member | 2010-07-01 | 2012-11-01 |
| TINKER, Emma | Llp Member | 2007-05-01 | 2014-03-31 |
| TURNER, Nicholas Timothy | Llp Member | 2002-04-01 | 2015-12-31 |
| VAN HEYSTE, Vincent | Llp Member | 2012-07-16 | 2014-03-06 |
| VAN ONSELEN, Jean Pierre | Llp Member | 2007-05-01 | 2014-03-31 |
| VONIER, Dominik | Llp Member | 2008-12-01 | 2010-03-22 |
| DOGMER4 LIMITED | Corporate Llp Member | 2007-02-20 | 2022-10-31 |
| WINDMILL LP | Corporate Llp Member | 2007-05-01 | 2008-09-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Group Holdco 1 Limited | Corporate entity | significant-influence-or-control-limited-liability-partnership | 2022-10-31 | Active |
Filing timeline
Last 20 of 278 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-20 | AA | accounts | Accounts with accounts type full | |
| 2025-12-15 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-03-24 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-27 | AA | accounts | Accounts with accounts type full | |
| 2024-04-02 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-16 | AA | accounts | Accounts with accounts type full | |
| 2023-04-19 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2023-03-27 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-12 | AA | accounts | Accounts with accounts type group | |
| 2022-11-04 | LLPSC02 | persons-with-significant-control | Notification of a person with significant control limited liability partnership | |
| 2022-11-04 | LLPSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement limited liability partnership | |
| 2022-11-03 | LLAP02 | officers | Appoint corporate member limited liability partnership with appointment date | |
| 2022-11-03 | LLAP02 | officers | Appoint corporate member limited liability partnership with appointment date | |
| 2022-11-03 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2022-04-08 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-01 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2021-12-30 | AA | accounts | Accounts with accounts type group | |
| 2021-04-06 | AA | accounts | Accounts with accounts type group | |
| 2021-03-29 | LLCS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+31.9%
£171,817,000 £226,604,000
-
Cash
+54.7%
£62,375,000 £96,525,000
-
Net assets
+125.3%
£36,824,000 £82,961,000
-
Employees
-2.5%
285 278
-
Operating profit
+80.2%
£46,568,000 £83,895,000
-
Wages
+15.1%
£89,506,000 £103,057,000
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