How much does Asett Homes Ltd make?

Asett Homes Ltd reported revenue of £81k and £18.2k profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Asett Homes Ltd have?

Asett Homes Ltd reported an average of 4 employees in the year to 31 Mar 2026.

Is Asett Homes Ltd profitable?

Yes — Asett Homes Ltd reported a profit of £18.2k in the year to 31 Mar 2026.

Company No. 09278078 · Incorporated 23 Oct 2014

Asett Homes Ltd

Registered name: ASETT HOMES LTD

Part of Badger Building (E.anglia) Limited group

Asett Homes Ltd made £81k revenue and £18.2k profit in the year to 31 Mar 2026.

Asett Homes Ltd’s revenue fell 81% to £81k in the year to 31 Mar 2026, with £18.2k profit and 4 employees. The company is classified under “renting and operating of housing association real estate” and is based in Lowestoft; we hold 2 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68201Renting and operating of Housing Association real estate

Status: Active
Location: Lowestoft, East of England
Age: 11 yrs · since 2014
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.

Latest accounts · year to 31 Mar 2026

Key figures

Small team

Revenue

£81k

Growth ▼81.1%

Profit

£18.2k

Growth ▼86.6%

Profit margin

22.5%

Gross 95.9%

Employees

Change 0%

Profit / employee

£4.6k

Revenue/employee £20.2k

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 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£429k	£81k
Cost of sales	−£167k	−£3.3k
Gross profit	£262k	£77.7k
Operating profit	£203k	£39.5k
Profit before tax	£191k	£29.1k
Profit after tax	£136k	£18.2k
Profit (best available)	£136k	£18.2k
Employees (average)	4	4
Ratios
Profit margin	31.7%	22.5%
Gross margin	61.1%	95.9%
Revenue per employee	£107k	£20.2k
Profit per employee	£34.1k	£4.6k
Growth (year on year)
Revenue growth	—	▼81.1%
Profit growth	—	▼86.6%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Oct 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 22.5%; Profit ÷ revenue.
Gross margin: 95.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £20.2k; Revenue ÷ average employees.
Profit per employee: £4.6k; 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.

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: —; Now —
Cash at bank: —; Now —
Headcount: 0%; Now 4
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Badger Building (E.anglia) Limitedultimate parent75–100%
Asett Homes Ltdthis 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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2026 (profit £18.2k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 14 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.