GHG Solutions Ltd
Registered name: GHG SOLUTIONS LTD
Part of Yfm Equity Partners Buyout II (GP) LLP groupGHG Solutions Ltd made £11.8m revenue and a £1.5m loss in the year to 31 Dec 2024. read from filing text
GHG Solutions Ltd’s revenue grew 4% to £11.8m in the year to 31 Dec 2024, with a loss of £1.5m and 171 employees. The company is classified under “risk and damage evaluation” and is based in Southampton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Southampton, South East
- Age
- 31 yrs · since 1995
- 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. From the filing: “The company's immediate parent is Rockhammer Holdco Limited, a company incorporated in England and Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £7.8m | £11.3m | £11.8m |
| Cost of sales | — | £3.9m | £5.6m | £7.2m |
| Gross profit | — | £3.9m | £5.8m | £4.6m |
| Operating profit | — | £820k | £162k | −£1.5m |
| Profit before tax | — | £820k | £159k | −£1.5m |
| Profit after tax | £1.5m | £711k | £41.9k | −£1.5m |
| Profit (best available) | £1.5m | £711k | £41.9k | −£1.5m |
| Staff costs | — | £5.4m | £7.6m | £9.3m |
| Employees (average) | 89 | 108 | 133 | 171 |
| Ratios | ||||
| Profit margin | — | 9.2% | 0.4% | −12.9% |
| Gross margin | — | 49.9% | 51% | 38.9% |
| Revenue per employee | — | £71.9k | £85.3k | £69.3k |
| Profit per employee | £17.3k | £6.6k | £315 | −£8.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲46.1% | ▲4.4% |
| Profit growth | — | ▼53.7% | ▼94.1% | ▼3732% |
| Headcount growth | — | ▲21.3% | ▲23.2% | ▲28.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £533k | £471k | £880k | £998k |
| Net assets | £3.5m | £4.3m | £4.3m | £2.8m |
| Fixed assets | £366k | £801k | £1.3m | £1.5m |
| Current assets | £4.4m | £6.8m | £8.7m | £7m |
| Debtors | £2.2m | £4.5m | £5.4m | £4.3m |
| Deferred income | — | £364k | £732k | £382k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −12.9%
- Profit ÷ revenue.
- Gross margin
- 38.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £69.3k
- Revenue ÷ average employees.
- Profit per employee
- −£8.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 36%
- Money owed by customers. Low = customers pay quickly.
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
- ▼35%
- Now £2.8m
- Cash at bank
- ▲13%
- Now £998k
- Headcount
- ▲29%
- Now 171
- Deferred income
- ▼48%
- Now £382k
- Fixed assets
- ▲18%
- Now £1.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Yfm Equity Partners Buyout II (GP) LLPultimate parent50–75%
- Rockhammer Holdco Limited75–100%
- GHG Solutions Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- GHG Risk Services LtdRev. — · Profit −£202k
- GHG Solutions Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.5m), from the Companies House accounts bulk data published Dec 2025. 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.