How much does Hitachi Zerocarbon Limited make?

Hitachi Zerocarbon Limited reported revenue of £1.9m and a loss of £4.8m in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Hitachi Zerocarbon Limited have?

Hitachi Zerocarbon Limited reported an average of 38 employees in the year to 31 Mar 2024.

Is Hitachi Zerocarbon Limited profitable?

No — Hitachi Zerocarbon Limited reported a loss of £4.8m in the year to 31 Mar 2024.

Company No. 15171275 · Incorporated 28 Sep 2023

Hitachi Zerocarbon Limited

Registered name: HITACHI ZEROCARBON LIMITED

Part of Hitachi Energy Holdings Ltd. group

Hitachi Zerocarbon Limited made £1.9m revenue and a £4.8m loss in the year to 31 Mar 2024.

Hitachi Zerocarbon Limited’s revenue was £1.9m in the year to 31 Mar 2024, with a loss of £4.8m and 38 employees. The company is classified under “engineering related scientific and technical consulting activities” and is based in London.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71122Engineering related scientific and technical consulting activities

Status: Active
Location: London, London
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.

Latest accounts · year to 31 Mar 2024

Key figures

Revenue

£1.9m

Growth —

Profit

−£4.8m

Growth —

Profit margin

−244.9%

Gross 94.3%

Employees

Change —

Profit / employee

−£126k

Revenue/employee £51.3k

Profitable streak

0yrs

Consecutive profitable years in our data

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

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2024
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£1.9m
Cost of sales	£112k
Gross profit	£1.8m
Operating profit	−£5.1m
Profit before tax	−£5.7m
Profit after tax	−£4.8m
Profit (best available)	−£4.8m
Employees (average)	38
Ratios
Profit margin	−244.9%
Gross margin	94.3%
Revenue per employee	£51.3k
Profit per employee	−£126k
Balance sheet — indirect signals, not revenue
Cash at bank	£6.6m
Net assets	£7.8m
Fixed assets	£4.7m
Current assets	£6.9m
Debtors	£119k
Deferred income	£187k
Source	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −244.9%; Profit ÷ revenue.
Gross margin: 94.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £51.3k; Revenue ÷ average employees.
Profit per employee: −£126k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 243.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 9.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.1%; 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: —; Now £7.8m
Cash at bank: —; Now £6.6m
Headcount: —; Now 38
Deferred income: —; Now £187k
Fixed assets: —; Now £4.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Hitachi Energy Holdings Ltd. (registered outside the UK register)ultimate parent75–100%
Hitachi Zerocarbon Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Hitachi Zerocarbon Battery Holding LimitedRev. £0 · Profit £25k

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£4.8m), from the Companies House accounts bulk data published Dec 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.