Has-Vent Limited
Registered name: HAS-VENT LIMITED
Part of Lindab International Ab groupHas-Vent Limited made £15.8m revenue and £1.2m profit in the year to 31 Dec 2025. read from filing text
Has-Vent Limited’s revenue fell 11% to £15.8m in the year to 31 Dec 2025, with £1.2m profit and 100 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Wolverhampton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Wolverhampton, West Midlands
- Age
- 8 yrs · since 2018
- 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: “100% of the issued share capital is owned by HAS-Vent Group Limited, a limited company”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £17.6m | £15.8m |
| Cost of sales | £10.2m | £9.2m |
| Gross profit | £7.4m | £6.6m |
| Operating profit | £1.6m | £1.2m |
| Profit before tax | £1.7m | £1.6m |
| Profit after tax | £1.3m | £1.2m |
| Profit (best available) | £1.3m | £1.2m |
| Staff costs | £3.9m | £3.9m |
| Employees (average) | 105 | 100 |
| Ratios | ||
| Profit margin | 7.4% | 7.9% |
| Gross margin | 42.2% | 42% |
| Revenue per employee | £168k | £158k |
| Profit per employee | £12.4k | £12.4k |
| Cash conversion | −156.3% | −138.3% |
| Growth (year on year) | ||
| Revenue growth | — | ▼10.6% |
| Profit growth | — | ▼4.7% |
| Headcount growth | — | ▼4.8% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £3.7m | £5m |
| Net assets | £6.2m | £7.5m |
| Fixed assets | £1.3m | £956k |
| Current assets | £9.1m | £10.1m |
| Debtors | £3.3m | £3.1m |
| Deferred income | £601k | £518k |
| Cash from operations | −£2.5m | −£1.7m |
| Source | FullAccounts · bulk data Sep 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 7.9%
- Profit ÷ revenue.
- Gross margin
- 42%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £158k
- Revenue ÷ average employees.
- Profit per employee
- £12.4k
- Profit ÷ average employees.
- Cash conversion
- −138.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.8%
- 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
- ▲20%
- Now £7.5m
- Cash at bank
- ▲36%
- Now £5m
- Headcount
- ▼5%
- Now 100
- Deferred income
- ▼14%
- Now £518k
- Fixed assets
- ▼24%
- Now £956k
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
- Lindab International Ab (registered outside the UK register)ultimate parent75–100%
- Lindab Limited75–100%
- Has-Vent Holdings Limited75–100%
- Has-Vent Group Limited75–100%
- Has-Vent 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).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.2m), from the Companies House accounts bulk data published Sep 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.