How much does Helmet Integrated Systems Limited make?

Helmet Integrated Systems Limited reported revenue of £27.8m and £1.9m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Helmet Integrated Systems Limited have?

Helmet Integrated Systems Limited reported an average of 181 employees in the year to 31 Dec 2023.

Is Helmet Integrated Systems Limited profitable?

Yes — Helmet Integrated Systems Limited reported a profit of £1.9m in the year to 31 Dec 2023.

Company No. 02766754 · Incorporated 23 Nov 1992

Helmet Integrated Systems Limited

Registered name: HELMET INTEGRATED SYSTEMS LIMITED

Part of Gentex Europe Limited group

Helmet Integrated Systems Limited made £27.8m revenue and £1.9m profit in the year to 31 Dec 2023.

Helmet Integrated Systems Limited’s revenue grew 3% to £27.8m in the year to 31 Dec 2023, with £1.9m profit and 181 employees. The company is classified under “other manufacturing” and is based in Letchworth; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.

Status: Active
Location: Letchworth, East of England
Age: 33 yrs · since 1992
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 Dec 2023

Key figures

Revenue

£27.8m

Growth ▲2.9%

Profit

£1.9m

Growth ▼50.9%

Profit margin

6.7%

Gross 30%

Employees

181

Change 0%

Profit / employee

£10.2k

Revenue/employee £153k

Profitable streak

2yrs

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 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£27m	£27.8m
Cost of sales	£18.2m	£19.4m
Gross profit	£8.8m	£8.3m
Operating profit	£4.3m	£2.7m
Profit before tax	£4.3m	£2.2m
Profit after tax	£3.8m	£1.9m
Profit (best available)	£3.8m	£1.9m
Staff costs	£6.4m	£7.3m
Employees (average)	181	181
Ratios
Profit margin	14%	6.7%
Gross margin	32.7%	30%
Revenue per employee	£149k	£153k
Profit per employee	£20.8k	£10.2k
Growth (year on year)
Revenue growth	—	▲2.9%
Profit growth	—	▼50.9%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£518k
Net assets	£14.1m	£16m
Fixed assets	£3.2m	£3.1m
Current assets	£19.8m	£26.6m
Debtors	£4.6m	£6.5m
Deferred income	£1.1m	£1.1m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 6.7%; Profit ÷ revenue.
Gross margin: 30%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £153k; Revenue ÷ average employees.
Profit per employee: £10.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 11.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 23.6%; 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: ▲13%; Now £16m
Cash at bank: ▼59%; Now £518k
Headcount: 0%; Now 181
Deferred income: ▲8%; Now £1.1m
Fixed assets: ▼3%; Now £3.1m

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

Gentex Europe Limitedultimate parent75–100%
MID7 Limited75–100%
Helmet Integrated Systems Limitedthis company

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

Subsidiaries (1)

Red Moss Consulting Ltd.Figures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £1.9m), from the Companies House accounts bulk data published Sep 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.