FHH NO.1 Limited
Registered name: FHH NO.1 LIMITED
Part of Engie Energy Management Sa groupFHH NO.1 Limited made £0 revenue and £9.1m profit in the year to 31 Dec 2024.
FHH NO.1 Limited’s revenue was £0 in the year to 31 Dec 2024, with £9.1m profit. The company is classified under “activities of head offices” and is based in Gwynedd; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Gwynedd
- Age
- 22 yrs · since 2003
- Type
- Private Limited Company
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £0 | £0 |
| Operating profit | £0 | £0 |
| Profit before tax | £117m | £9.1m |
| Profit after tax | £117m | £9.1m |
| Profit (best available) | £117m | £9.1m |
| Employees (average) | — | — |
| Ratios | ||
| Profit margin | — | — |
| Growth (year on year) | ||
| Profit growth | — | ▼92.3% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- 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
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Engie Energy Management Sa (registered outside the UK register)ultimate parent75–100%
- IP Karugamo Holdings (UK) Limited75–100%
- FHH NO.1 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- First Hydro Holdings CompanyFigures not disclosed
Sister companies (9)
- Capel Grange Solar Energy LimitedFigures not disclosed
- Engie Renewables Holding UK LimitedFigures not disclosed
- Engie Supply Holding UK LimitedFigures not disclosed
- Engie UK Markets LimitedFigures not disclosed
- Engie UK Wind Services LimitedFigures not disclosed
- Hayabusa Holdings LimitedFigures not disclosed
- International Power Fuel Company LimitedFigures not disclosed
- Ipm Energy LimitedFigures not disclosed
- Rugeley Power LimitedFigures not disclosed
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £9.1m), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.
Updated from Companies House on 20 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.