How much does Sof-10 Him Assetco Limited make?

Sof-10 Him Assetco Limited reported revenue of £11.8m and £403k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Sof-10 Him Assetco Limited have?

Sof-10 Him Assetco Limited reported an average of 98 employees in the year to 31 Dec 2024.

Is Sof-10 Him Assetco Limited profitable?

Yes — Sof-10 Him Assetco Limited reported a profit of £403k in the year to 31 Dec 2024.

Company No. 08463984 · Incorporated 27 Mar 2013

Sof-10 Him Assetco Limited

Registered name: SOF-10 HIM ASSETCO LIMITED

Part of Hmi Investment S.A. group

Sof-10 Him Assetco Limited made £11.8m revenue and £403k profit in the year to 31 Dec 2024.

Sof-10 Him Assetco Limited’s revenue fell 20% to £11.8m in the year to 31 Dec 2024, with £403k profit and 98 employees. The company is classified under “development of building projects” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects SIC 55100Hotels and similar accommodation

Status: Active
Location: London, London
Age: 13 yrs · since 2013
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 is a wholly owned subsidiary undertaking of HI Manchester Investment Limited. The smallest group of undertakings for which consolidated accounts are drawn up is headed by HI Manchester Inv”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£11.8m

Growth ▼20.3%

Profit

£403k

Growth ▼77.7%

Profit margin

3.4%

Gross 82.4%

Employees

Change ▲1%

Profit / employee

£4.1k

Revenue/employee £120k

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 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£14.8m	£11.8m
Cost of sales	£3m	£2.1m
Gross profit	£11.8m	£9.7m
Operating profit	£799k	−£645k
Profit before tax	£1.9m	£533k
Profit after tax	£1.8m	£403k
Profit (best available)	£1.8m	£403k
Staff costs	£2.1m	£2.2m
Employees (average)	97	98
Ratios
Profit margin	12.2%	3.4%
Gross margin	79.5%	82.4%
Revenue per employee	£152k	£120k
Profit per employee	£18.6k	£4.1k
Growth (year on year)
Revenue growth	—	▼20.3%
Profit growth	—	▼77.7%
Headcount growth	—	▲1%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.2m	£2.6m
Net assets	£58m	£58.4m
Fixed assets	£359k	£578k
Current assets	£80.8m	£81.3m
Debtors	£538k	£230k
Deferred income	£2m	£1.5m
Source	FullAccounts · bulk data Mar 2026	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 3.4%; Profit ÷ revenue.
Gross margin: 82.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £120k; Revenue ÷ average employees.
Profit per employee: £4.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 12.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.9%; 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: ▲1%; Now £58.4m
Cash at bank: ▼18%; Now £2.6m
Headcount: ▲1%; Now 98
Deferred income: ▼25%; Now £1.5m
Fixed assets: ▲61%; Now £578k

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

Hmi Investment S.A. (registered outside the UK register)ultimate parent75–100%
Hi Manchester Investment Ltd75–100%
Sof-10 Him Assetco Limitedthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £403k), from the Companies House accounts bulk data published Mar 2026. 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.