How much does HBS Group Southern Ltd make?

HBS Group Southern Ltd reported revenue of £15.5m and a loss of £1.2m in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does HBS Group Southern Ltd have?

HBS Group Southern Ltd reported an average of 75 employees in the year to 31 Mar 2023.

Is HBS Group Southern Ltd profitable?

No — HBS Group Southern Ltd reported a loss of £1.2m in the year to 31 Mar 2023.

Company No. 02104036 · Incorporated 26 Feb 1987

HBS Group Southern Ltd

Registered name: HBS GROUP SOUTHERN LTD

Part of HBS Group Holdings Limited group

HBS Group Southern Ltd made £15.5m revenue and a £1.2m loss in the year to 31 Mar 2023.

HBS Group Southern Ltd’s revenue fell 6% to £15.5m in the year to 31 Mar 2023, with a loss of £1.2m and 75 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Eastleigh; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation

Status: In Administration
Location: Eastleigh, South East
Age: 39 yrs · since 1987
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2023

Key figures

Capital-lightBoring industry

Revenue

£15.5m

Growth ▼5.6%

Profit

−£1.2m

Growth —

Profit margin

−7.9%

Gross 10.7%

Employees

Change ▼3.9%

Profit / employee

−£16.4k

Revenue/employee £207k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.4m	£15.5m
Cost of sales	£14.1m	£13.8m
Gross profit	£2.3m	£1.7m
Operating profit	−£941k	−£1m
Profit before tax	−£996k	−£1.1m
Profit after tax	−£240k	−£1.2m
Profit (best available)	−£240k	−£1.2m
Staff costs	£2.9m	£2.6m
Employees (average)	78	75
Ratios
Profit margin	−1.5%	−7.9%
Gross margin	14%	10.7%
Revenue per employee	£211k	£207k
Profit per employee	−£3.1k	−£16.4k
Growth (year on year)
Revenue growth	—	▼5.6%
Headcount growth	—	▼3.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£203k	£723
Net assets	£5.4m	£4.1m
Fixed assets	£1m	£1.2m
Current assets	£9m	£7.6m
Debtors	£4.5m	£4.5m
Deferred income	£406k	£172k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: −7.9%; Profit ÷ revenue.
Gross margin: 10.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £207k; Revenue ÷ average employees.
Profit per employee: −£16.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 28.8%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼23%; Now £4.1m
Cash at bank: ▼100%; Now £723
Headcount: ▼4%; Now 75
Deferred income: ▼58%; Now £172k
Fixed assets: ▲14%; Now £1.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

HBS Group Holdings Limitedultimate parent75–100%
HBS Group Southern Ltdthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£1.2m), from the Companies House accounts bulk data published Mar 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.