How much does H2 Catering Ltd make?

H2 Catering Ltd reported revenue of £886k and £224k profit in the year to 30 Jun 2023, according to its accounts filed at Companies House.

How many employees does H2 Catering Ltd have?

H2 Catering Ltd reported an average of 5 employees in the year to 30 Jun 2023.

Is H2 Catering Ltd profitable?

Yes — H2 Catering Ltd reported a profit of £224k in the year to 30 Jun 2023.

Company No. 12047038 · Incorporated 12 Jun 2019

H2 Catering Ltd

Registered name: H2 CATERING LTD

H2 Catering Ltd made £886k revenue and £224k profit in the year to 30 Jun 2023.

H2 Catering Ltd’s revenue grew 27% to £886k in the year to 30 Jun 2023, with £224k profit and 5 employees. The company is classified under “wholesale of fruit and vegetables” and is based in Cardiff; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46310Wholesale of fruit and vegetables SIC 46341Wholesale of fruit and vegetable juices, mineral water and soft drinks SIC 56103Take-away food shops and mobile food stands SIC 56290Other food services

Status: Active - Proposal to Strike off
Location: Cardiff, Wales
Age: 7 yrs · since 2019
Type: Private Limited Company

Latest accounts · year to 30 Jun 2023

Key figures

IndependentSmall teamCapital-lightYoung and profitableOperating leverage

Revenue

£886k

Growth ▲26.5%

Profit

£224k

Growth ▲51.5%

Profit margin

25.3%

Gross 47.5%

Employees

Change ▲25%

Profit / employee

£44.7k

Revenue/employee £177k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2020	30 Jun 2021	30 Jun 2022	30 Jun 2023
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£197k	£235k	£700k	£886k
Cost of sales	£63.1k	£89.3k	£409k	£465k
Gross profit	£134k	£146k	£291k	£421k
Operating profit	—	£64.2k	£184k	£284k
Profit before tax	£41.1k	£64.2k	£183k	£282k
Profit after tax	£40.5k	£51.1k	£148k	£224k
Profit (best available)	£40.5k	£51.1k	£148k	£224k
Employees (average)	3	4	4	5
Ratios
Profit margin	20.5%	21.8%	21.1%	25.3%
Gross margin	68%	62%	41.6%	47.5%
Revenue per employee	£65.8k	£58.7k	£175k	£177k
Profit per employee	£13.5k	£12.8k	£36.9k	£44.7k
Growth (year on year)
Revenue growth	—	▲19%	▲198%	▲26.5%
Profit growth	—	▲26.2%	▲189.1%	▲51.5%
Headcount growth	—	▲33.3%	0%	▲25%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2k	£111k	£141k	£144k
Net assets	£40.6k	£76.2k	£143k	£162k
Fixed assets	£41.4k	£36.8k	£32.2k	£27.6k
Current assets	£17k	£134k	£239k	£285k
Debtors	£12.8k	£18.8k	£33.8k	£68.5k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: 25.3%; Profit ÷ revenue.
Gross margin: 47.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £177k; Revenue ÷ average employees.
Profit per employee: £44.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.7%; 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: ▲13%; Now £162k
Cash at bank: ▲2%; Now £144k
Headcount: ▲25%; Now 5
Deferred income: —; Now —
Fixed assets: ▼14%; Now £27.6k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2023 (profit £224k), from the Companies House accounts bulk data published Aug 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.