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Company No. 10847965 · Incorporated 3 Jul 2017

HFL Build Limited

Registered name: HFL BUILD LIMITED

Part of The Mayor And Burgesses Of The London Borough Of Lambeth group

HFL Build Limited made £14.5m revenue and a £300k loss in the year to 31 Mar 2025.

HFL Build Limited’s revenue grew 1264% to £14.5m in the year to 31 Mar 2025, with a loss of £300k and 4 employees. The company is classified under “development of building projects” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects
Status
Active
Location
London, London
Age
9 yrs · since 2017
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.

Latest accounts · year to 31 Mar 2025

Key figures

Small team
Revenue
£14.5m
Growth ▲1264%
Profit
−£300k
Growth —
Profit margin
−2.1%
Gross 20.9%
Employees
4
Change 0%
Profit / employee
−£74.9k
Revenue/employee £3.6m
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 to31 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£9.4m£1.1m£14.5m
Cost of sales£22.1m£8.1m£11.5m
Gross profit−£12.6m−£7.1m£3m
Operating profit−£14.7m−£8.5m£2.6m
Profit before tax−£16.2m−£10.8m−£300k
Profit after tax−£16.2m−£10.8m−£300k
Profit (best available)−£16.2m−£10.8m−£300k
Employees (average)944
Ratios
Profit margin−171.8%−1015%−2.1%
Gross margin−133.8%−664.9%20.9%
Revenue per employee£1m£266k£3.6m
Profit per employee−£1.8m−£2.7m−£74.9k
Growth (year on year)
Revenue growth—▼88.7%▲1264%
Headcount growth—▼55.6%0%
Balance sheet — indirect signals, not revenue
Cash at bank£741k£213k£3m
Net assets−£33.6m−£44.4m−£44.7m
Fixed assets£331k£58.9k—
Current assets£15m£24m£25.7m
Debtors£892k£434£434
Deferred income£2.2m£6.5m£7.8m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
−2.1%
Profit ÷ revenue.
Gross margin
20.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£3.6m
Revenue ÷ average employees.
Profit per employee
−£74.9k
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
53.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
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 −£44.7m
Cash at bank
▲1322%
Now £3m
Headcount
0%
Now 4
Deferred income
▲20%
Now £7.8m
Fixed assets
—
Now —

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

  1. The Mayor And Burgesses Of The London Borough Of Lambeth (registered outside the UK register)ultimate parent75–100%
  2. HFL Group Limited75–100%
  3. HFL Build Limitedthis company

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

Sister companies (2)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£300k), from the Companies House accounts bulk data published Nov 2025. 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.