HSP (Europe) Ltd
Registered name: HSP (EUROPE) LTD
HSP (Europe) Ltd made £6.7m revenue and £533k profit in the year to 31 Oct 2024.
HSP (Europe) Ltd’s revenue grew 201% to £6.7m in the year to 31 Oct 2024, with £533k profit and 2 employees. The company is classified under “wholesale of wood, construction materials and sanitary equipment” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- London, London
- Age
- 4 yrs · since 2022
- 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 Oct 2023 | 31 Oct 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.2m | £6.7m |
| Cost of sales | £2.2m | £5.9m |
| Gross profit | £71.1k | £761k |
| Operating profit | £32.8k | £534k |
| Profit before tax | £32.8k | £534k |
| Profit after tax | £26.6k | £533k |
| Profit (best available) | £26.6k | £533k |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | 1.2% | 8% |
| Gross margin | 3.2% | 11.3% |
| Revenue per employee | £1.1m | £3.4m |
| Profit per employee | £13.3k | £267k |
| Growth (year on year) | ||
| Revenue growth | — | ▲200.6% |
| Profit growth | — | ▲1905% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.3k | £103k |
| Net assets | £27.6k | £561k |
| Fixed assets | — | £532k |
| Current assets | £314k | £205k |
| Debtors | £310k | £101k |
| Deferred income | £1.1k | — |
| Source | FilletedAccounts · bulk data May 2024 | FullAccounts · bulk data Apr 2025 |
How the business works
- Profit margin
- 8%
- Profit ÷ revenue.
- Gross margin
- 11.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.4m
- Revenue ÷ average employees.
- Profit per employee
- £267k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.5%
- 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
- ▲1932%
- Now £561k
- Cash at bank
- ▲7878%
- Now £103k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £532k
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £533k), from the Companies House accounts bulk data published Apr 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.