Best Holdings Group Limited
Registered name: BEST HOLDINGS GROUP LIMITED
Best Holdings Group Limited made £25.5m revenue and a £84.4k loss in the year to 31 Dec 2023. read from filing text
Best Holdings Group Limited’s revenue grew 26% to £25.5m in the year to 31 Dec 2023, with a loss of £84.4k and 145 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 7 yrs · since 2019
- 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.
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 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £20.2m | £25.5m |
| Cost of sales | £6.3m | £8.2m |
| Gross profit | £13.9m | £17.3m |
| Operating profit | £7.3m | £9.3m |
| Profit before tax | £2.9m | £2.1m |
| Profit after tax | £2.3m | −£84.4k |
| Profit (best available) | £2.3m | −£84.4k |
| Employees (average) | 142 | 145 |
| Ratios | ||
| Profit margin | 11.5% | −0.3% |
| Gross margin | 68.7% | 67.9% |
| Revenue per employee | £142k | £176k |
| Profit per employee | £16.4k | −£582 |
| Growth (year on year) | ||
| Revenue growth | — | ▲25.9% |
| Profit growth | — | ▼103.6% |
| Headcount growth | — | ▲2.1% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £8.7m | £7.5m |
| Fixed assets | £12.8m | £12.8m |
| Current assets | £291k | £370k |
| Debtors | £0 | £0 |
| Deferred income | £286k | £365k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- −0.3%
- Profit ÷ revenue.
- Gross margin
- 67.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £176k
- Revenue ÷ average employees.
- Profit per employee
- −£582
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 50.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼14%
- Now £7.5m
- Cash at bank
- —
- Now —
- Headcount
- ▲2%
- Now 145
- Deferred income
- ▲28%
- Now £365k
- Fixed assets
- 0%
- Now £12.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Best Holdings (UK) LimitedRev. £4.4m · Profit −£17.4m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£84.4k), from the Companies House accounts bulk data published Sep 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.