How much does HGV Training Services Limited make?

HGV Training Services Limited reported revenue of £17m and a loss of £187k in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does HGV Training Services Limited have?

HGV Training Services Limited reported an average of 54 employees in the year to 30 Sep 2025.

Is HGV Training Services Limited profitable?

No — HGV Training Services Limited reported a loss of £187k in the year to 30 Sep 2025.

Company No. 09820295 · Incorporated 12 Oct 2015

HGV Training Services Limited

Registered name: HGV TRAINING SERVICES LIMITED

Part of Insite Training Services Ltd group

HGV Training Services Limited made £17m revenue and a £187k loss in the year to 30 Sep 2025.

HGV Training Services Limited’s revenue was £17m in the year to 30 Sep 2025, with a loss of £187k and 54 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 11 yrs · since 2015
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 30 Sep 2025

Key figures

Capital-lightCash flow filed

Revenue

£17m

Growth —

Profit

−£187k

Growth —

Profit margin

−1.1%

Gross 56.7%

Employees

Change —

Profit / employee

−£3.5k

Revenue/employee £315k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	30 Sep 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£11.4m	£17m
Cost of sales	—	—	£6.8m	£7.4m
Gross profit	—	—	£4.6m	£9.7m
Operating profit	—	—	£881k	−£180k
Profit before tax	—	—	£868k	−£187k
Profit after tax	—	—	£622k	−£187k
Profit (best available)	—	—	£622k	−£187k
Staff costs	—	—	£2.7m	£4.8m
Employees (average)	30	30	43	54
Ratios
Profit margin	—	—	5.4%	−1.1%
Gross margin	—	—	40.1%	56.7%
Revenue per employee	—	—	£266k	£315k
Profit per employee	—	—	£14.5k	−£3.5k
Cash conversion	—	—	244.9%	—
Growth (year on year)
Headcount growth	—	0%	▲43.3%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£480k	£94.1k	£2m	£2.9m
Net assets	£594k	£908k	£1.3m	£428k
Fixed assets	£189k	£130k	£32.7k	£127k
Current assets	£2.3m	£4.3m	£6.3m	£5m
Debtors	£990k	£2.4m	£1.5m	£1.1m
Deferred income	£536k	£1.7m	£3.4m	£4.2m
Cash from operations	—	—	£2.2m	£1.6m
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: −1.1%; Profit ÷ revenue.
Gross margin: 56.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £315k; Revenue ÷ average employees.
Profit per employee: −£3.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 24.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.5%; 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 £428k
Cash at bank: —; Now £2.9m
Headcount: —; Now 54
Deferred income: —; Now £4.2m
Fixed assets: —; Now £127k

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

Insite Training Services Ltdultimate parent75–100%
HGV Training Services Limitedthis company

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

Subsidiaries (1)

Specialised Training Services LimitedLiquidationFigures not disclosed

Sister companies (1)

HGVT LimitedFigures 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 30 Sep 2025 (profit −£187k), from the Companies House accounts bulk data published Jul 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.