The HGV School Ltd
Registered name: THE HGV SCHOOL LTD
Part of Lifft Group Limited groupThe HGV School Ltd made £262k revenue and a £85.1k loss in the year to 30 Nov 2024.
The HGV School Ltd’s revenue was £262k in the year to 30 Nov 2024, with a loss of £85.1k and 3 employees. The company is classified under “driving school activities” and is based in Willenhall.
- Status
- Active
- Location
- Willenhall, West Midlands
- Age
- 2 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2024 |
|---|---|
| Disclosure | Full P&L |
| Profit & loss | |
| Revenue (turnover) | £262k |
| Cost of sales | £178k |
| Gross profit | £84k |
| Profit before tax | −£85.8k |
| Profit after tax | −£85.1k |
| Profit (best available) | −£85.1k |
| Employees (average) | 3 |
| Ratios | |
| Profit margin | −32.5% |
| Gross margin | 32.1% |
| Revenue per employee | £87.3k |
| Profit per employee | −£28.4k |
| Balance sheet — indirect signals, not revenue | |
| Cash at bank | £7.9k |
| Net assets | −£85k |
| Fixed assets | £26.3k |
| Current assets | £106k |
| Debtors | £27k |
| Deferred income | £2.1k |
| Source | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −32.5%
- Profit ÷ revenue.
- Gross margin
- 32.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £87.3k
- Revenue ÷ average employees.
- Profit per employee
- −£28.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.3%
- 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 −£85k
- Cash at bank
- —
- Now £7.9k
- Headcount
- —
- Now 3
- Deferred income
- —
- Now £2.1k
- Fixed assets
- —
- Now £26.3k
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
- Lifft Group Limitedultimate parent75–100%
- The HGV School Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (11)
- P J E Driver Training & Consultancy Services LimitedRev. £591k · Profit £33.6k
- Boston LGV Training LimitedRev. £520k · Profit £20.1k
- Chevron Training LtdRev. £477k · Profit −£9.6k
- Chevron Test Centre LimitedRev. £125k · Profit −£2.4k
- Peter Smythe Test Centre LimitedRev. £123k · Profit −£1.4k
- Boston Test Centre LimitedFigures not disclosed
- Green Pass Training LimitedFigures not disclosed
- Lifft LimitedFigures not disclosed
- Peter Smythe Transport Training LimitedFigures not disclosed
- Pje Test Centre LimitedFigures not disclosed
- Wallace School of Transport 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 30 Nov 2024 (profit −£85.1k), from the Companies House accounts bulk data published Nov 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.