Habodel SFR 1 Ltd
Registered name: HABODEL SFR 1 LTD
Part of Real Estate Venture Capital Investors LLP groupHabodel SFR 1 Ltd made £12.8m revenue and a £15.5bn loss in the year to 30 Apr 2023.
Habodel SFR 1 Ltd’s revenue grew 45% to £12.8m in the year to 30 Apr 2023, with a loss of £15.5bn and 0 employees. The company is classified under “activities of other holding companies” and is based in Doncaster; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Doncaster, Yorkshire and The Humber
- Age
- 10 yrs · since 2016
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £8.8m | £12.8m |
| Cost of sales | £2.4m | £3.6m |
| Gross profit | £6.4m | £9.2m |
| Operating profit | £23.1m | −£4.1m |
| Profit before tax | £14.8m | −£17.1m |
| Profit after tax | −£1bn | −£15.5bn |
| Profit (best available) | −£1bn | −£15.5bn |
| Staff costs | £3m | £3.6m |
| Employees (average) | 72 | 0 |
| Ratios | ||
| Profit margin | −11602% | −121404% |
| Gross margin | 72.9% | 72.1% |
| Revenue per employee | £122k | — |
| Profit per employee | −£14.1m | — |
| Cash conversion | 12.7% | — |
| Growth (year on year) | ||
| Revenue growth | — | ▲45.3% |
| Headcount growth | — | ▼100% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £309k | £293k |
| Net assets | £48.4m | £32.9m |
| Fixed assets | £93m | £35m |
| Current assets | £40.8m | £61.4m |
| Debtors | £44k | −£70k |
| Deferred income | £243k | £154k |
| Cash from operations | £2.9m | £3.2m |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 |
How the business works
- Profit margin
- −121404%
- Profit ÷ revenue.
- Gross margin
- 72.1%
- 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
- 274.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- −0.5%
- 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
- ▼32%
- Now £32.9m
- Cash at bank
- ▼5%
- Now £293k
- Headcount
- ▼100%
- Now 0
- Deferred income
- ▼37%
- Now £154k
- Fixed assets
- ▼62%
- Now £35m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Real Estate Venture Capital Investors LLPultimate parent75–100%
- Revcap Advisors Limited75–100%
- Revcap (Whiteberry) Limited50–75%
- Whiteberry Partners LLP75–100%
- Habodel Group LLP75–100%
- Habodel Capital Ltd75–100%
- Habodel SFR 1 Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Habodel 8 LimitedFigures not disclosed
- Habodel Holdings LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Apr 2023 (profit −£15.5bn), from the Companies House accounts bulk data published Jan 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.