HSF London Ltd
Registered name: HSF LONDON LTD
HSF London Ltd made £30.9m revenue and £4.5m profit in the year to 31 Dec 2025.
HSF London Ltd’s revenue fell 1% to £30.9m in the year to 31 Dec 2025, with £4.5m profit and 89 employees. The company is classified under “hotels and similar accommodation” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- Type
- Private 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 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £31.2m | £30.9m |
| Cost of sales | — | — | £10.6m | £9.9m |
| Gross profit | — | — | £20.5m | £21m |
| Operating profit | — | — | £12m | £11m |
| Profit before tax | — | — | £7m | £6.6m |
| Profit after tax | — | — | £6.3m | £4.5m |
| Profit (best available) | — | — | £6.3m | £4.5m |
| Staff costs | — | — | £4.8m | £5m |
| Employees (average) | 1 | 44 | 86 | 89 |
| Ratios | ||||
| Profit margin | — | — | 20.1% | 14.7% |
| Gross margin | — | — | 65.9% | 68% |
| Revenue per employee | — | — | £362k | £348k |
| Profit per employee | — | — | £72.7k | £51.1k |
| Cash conversion | — | — | −114.9% | −130% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼0.7% |
| Profit growth | — | — | — | ▼27.3% |
| Headcount growth | — | ▲4300% | ▲95.5% | ▲3.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £329k | £834k | £579k | £2m |
| Net assets | £45.1m | £158m | £164m | £168m |
| Fixed assets | £256m | £267m | £264m | £290m |
| Current assets | £1.7m | £2m | £3.9m | £3.8m |
| Debtors | £0 | £1.1m | £1.3m | £1.1m |
| Cash from operations | — | — | −£13.8m | −£14.4m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jun 2026 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 14.7%
- Profit ÷ revenue.
- Gross margin
- 68%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £348k
- Revenue ÷ average employees.
- Profit per employee
- £51.1k
- Profit ÷ average employees.
- Cash conversion
- −130%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 936.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.6%
- 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
- ▲3%
- Now £168m
- Cash at bank
- ▲244%
- Now £2m
- Headcount
- ▲3%
- Now 89
- Deferred income
- —
- Now —
- Fixed assets
- ▲10%
- Now £290m
Group structure
Subsidiaries (1)
- Carolia Westminster Hotel LimitedFigures not disclosed
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 £4.5m), from the Companies House accounts bulk data published Jun 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.