How much does SP 128 Limited make?

SP 128 Limited reported revenue of £8.5m and a loss of £323 in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does SP 128 Limited have?

SP 128 Limited reported an average of 2 employees in the year to 31 Dec 2023.

Is SP 128 Limited profitable?

No — SP 128 Limited reported a loss of £323 in the year to 31 Dec 2023.

Company No. 07322160 · Incorporated 22 Jul 2010

SP 128 Limited

Registered name: SP 128 LIMITED

Part of Henley Homes Public Limited Company group

SP 128 Limited made £8.5m revenue and a £323 loss in the year to 31 Dec 2023.

SP 128 Limited’s revenue was £8.5m in the year to 31 Dec 2023, with a loss of £323 and 2 employees. The company is classified under “construction of domestic buildings” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41202Construction of domestic buildings

Status: Liquidation
Location: London, London
Age: 16 yrs · since 2010
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 company is Henley Homes Plc which was placed in administration in August 2023. The ultimate controlling party throughout this and the previous period were the directors of the pare”

Latest accounts · year to 31 Dec 2023

Key figures

Small team

Revenue

£8.5m

Growth —

Profit

−£323

Growth —

Profit margin

Employees

Change 0%

Profit / employee

−£162

Revenue/employee £4.3m

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	No P&L	Profit only	Full P&L
Profit & loss
Revenue (turnover)	—	—	£8.5m
Cost of sales	—	£2.2m	£8.5m
Gross profit	—	−£2.2m	—
Operating profit	—	−£2.2m	−£323
Profit before tax	—	−£2.2m	−£323
Profit after tax	—	−£2.2m	−£323
Profit (best available)	—	−£2.2m	−£323
Employees (average)	3	2	2
Ratios
Profit margin	—	—	0%
Revenue per employee	—	—	£4.3m
Profit per employee	—	−£1.1m	−£162
Growth (year on year)
Headcount growth	—	▼33.3%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	—	£5.6k	£626
Net assets	£17.2k	£2.2m	−£2.2m
Current assets	£11.1m	£8.7m	£2m
Debtors	—	£199k	£2m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £4.3m; Revenue ÷ average employees.
Profit per employee: −£162; 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: 23.7%; 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: ▼200%; Now −£2.2m
Cash at bank: ▼89%; Now £626
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Henley Homes Public Limited Companyultimate parent75–100%
SP 128 Limitedthis company

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

Sister companies (6)

CF 103 LimitedRev. — · Profit £25.4k
Dunalastair Hotel LimitedIn AdministrationFigures not disclosed
GVSR LimitedFigures not disclosed
Henley Homes RF LimitedRev. — · Profit −£585k
Osbourne Stewart LimitedRev. — · Profit £12.6k
Union Street Holdings LimitedLiquidationFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£323), 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.