HV Excavators Ltd
Registered name: HV EXCAVATORS LTD
Part of SNC Holdings (NW) Limited groupHV Excavators Ltd made £1.9m revenue and a £441k loss in the year to 31 Jan 2025.
HV Excavators Ltd’s revenue was £1.9m in the year to 31 Jan 2025, with a loss of £441k and 46 employees. The company is classified under “site preparation” and is based in Cirencester; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Cirencester, South West
- Age
- 3 yrs · since 2023
- 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: “SNC Holdings (NW) Limited, incorporated in England and Wales”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2024 | 31 Jan 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £6m | £1.9m |
| Cost of sales | £2.6m | £251k |
| Gross profit | £3.4m | £1.6m |
| Operating profit | −£1.8m | −£430k |
| Profit before tax | −£2.4m | −£602k |
| Profit after tax | −£2.4m | −£441k |
| Profit (best available) | −£2.4m | −£441k |
| Staff costs | £2.6m | £808k |
| Employees (average) | 47 | 46 |
| Ratios | ||
| Profit margin | −39.2% | −23.4% |
| Gross margin | 56.2% | 86.7% |
| Revenue per employee | £128k | £41k |
| Profit per employee | −£50.2k | −£9.6k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £301k | £328k |
| Net assets | £2.2m | £2m |
| Fixed assets | £10m | £9.3m |
| Current assets | £1.9m | £1.9m |
| Debtors | £1.1m | £1.2m |
| Deferred income | £105k | £113k |
| Source | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −23.4%
- Profit ÷ revenue.
- Gross margin
- 86.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £41k
- Revenue ÷ average employees.
- Profit per employee
- −£9.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 491.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 65.2%
- 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
- —
- Now £2m
- Cash at bank
- —
- Now £328k
- Headcount
- —
- Now 46
- Deferred income
- —
- Now £113k
- Fixed assets
- —
- Now £9.3m
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
- SNC Holdings (NW) Limitedultimate parent75–100%
- HV Excavators Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Galvac LimitedFigures not disclosed
- Pier (UK) LimitedFigures not disclosed
- S N C Plant Services LtdFigures not disclosed
- Safe Excavation LtdFigures not disclosed
- Suction Excavation Southwest LimitedFigures not disclosed
- Vacuum Excavation Southwest LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Jan 2025 (profit −£441k), from the Companies House accounts bulk data published Oct 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.