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Company No. 03394219 · Incorporated 27 Jun 1997

H Plus Limited

Registered name: H PLUS LIMITED

H Plus Limited made £4.5m revenue and £780k profit in the year to 31 Mar 2025.

H Plus Limited’s revenue fell 34% to £4.5m in the year to 31 Mar 2025, with £780k profit and 0 employees. The company is classified under “wholesale of chemical products” and is based in Liverpool; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46750Wholesale of chemical products
Status
Active
Location
Liverpool, North West
Age
29 yrs · since 1997
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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 ultimate parent undertaking of this company is MKR Holdings Limited, a company incorporated in England and Wales. The smallest group in which the results of the company are consolidated is that he”

Latest accounts · year to 31 Mar 2025

Key figures

Small team
Revenue
£4.5m
Growth ▼34.1%
Profit
£780k
Growth ▼47.8%
Profit margin
17.5%
Gross 27.9%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£6.8m£10.3m£6.8m£4.5m
Cost of sales£5m£8.4m£4.5m£3.2m
Gross profit£1.7m£1.8m£2.2m£1.2m
Operating profit£1.4m£1.6m£2m£1m
Profit before tax£1.4m£1.6m£2m£1m
Profit after tax£1.2m£1.3m£1.5m£780k
Profit (best available)£1.2m£1.3m£1.5m£780k
Employees (average)1000
Ratios
Profit margin17.3%12.7%22.1%17.5%
Gross margin25.7%18%32.7%27.9%
Revenue per employee£6.8m———
Profit per employee£1.2m———
Growth (year on year)
Revenue growth—▲51.7%▼34.2%▼34.1%
Profit growth—▲11.2%▲15.2%▼47.8%
Headcount growth—▼100%——
Balance sheet — indirect signals, not revenue
Cash at bank£37k£28.9k£521k£357k
Net assets£1m£1.5m£1.2m£796k
Current assets£2.6m£2.3m£1.9m£1.5m
Debtors£1.2m£1.1m£864k£579k
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023FullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
17.5%
Profit ÷ revenue.
Gross margin
27.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
13%
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
▼32%
Now £796k
Cash at bank
▼32%
Now £357k
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Minority corporate shareholders

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

Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £780k), from the Companies House accounts bulk data published Oct 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.