HHG NO2. Limited
Registered name: HHG NO2. LIMITED
Part of HHG NO11. Limited groupHHG NO2. Limited made £3.8m revenue and £717k profit in the year to 31 Oct 2025.
HHG NO2. Limited’s revenue grew 1% to £3.8m in the year to 31 Oct 2025, with £717k profit and 62 employees. The company is classified under “hotels and similar accommodation” and is based in Belfast; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 6 yrs · since 2020
- 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 | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £3.2m | £3.4m | £3.8m | £3.8m |
| Cost of sales | £448k | £488k | £513k | £554k |
| Gross profit | £2.8m | £2.9m | £3.3m | £3.3m |
| Operating profit | £806k | £792k | £1m | £891k |
| Profit before tax | £715k | £709k | £1.1m | £992k |
| Profit after tax | £556k | £525k | £768k | £717k |
| Profit (best available) | £556k | £525k | £768k | £717k |
| Staff costs | £859k | £953k | £1.1m | £1.1m |
| Employees (average) | 61 | 66 | 68 | 62 |
| Ratios | ||||
| Profit margin | 17.4% | 15.3% | 20.3% | 18.6% |
| Gross margin | 86% | 85.8% | 86.5% | 85.6% |
| Revenue per employee | £52.6k | £52k | £55.8k | £62k |
| Profit per employee | £9.1k | £7.9k | £11.3k | £11.6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲7.1% | ▲10.5% | ▲1.3% |
| Profit growth | — | ▼5.8% | ▲46.5% | ▼6.7% |
| Headcount growth | — | ▲8.2% | ▲3% | ▼8.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1m | £25.2k | £8.5k | £17.1k |
| Net assets | £1m | £3.6m | £4.4m | £3.6m |
| Fixed assets | £3.6m | £3.5m | £3.5m | £3.5m |
| Current assets | £1.2m | £864k | £1.7m | £962k |
| Debtors | £119k | £212k | £52.5k | £19.9k |
| Deferred income | £43.5k | £82.4k | £85.7k | £69.8k |
| Source | Accounts · bulk data Apr 2024 | Accounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 18.6%
- Profit ÷ revenue.
- Gross margin
- 85.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £62k
- Revenue ÷ average employees.
- Profit per employee
- £11.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 90.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.5%
- 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
- ▼18%
- Now £3.6m
- Cash at bank
- ▲100%
- Now £17.1k
- Headcount
- ▼9%
- Now 62
- Deferred income
- ▼19%
- Now £69.8k
- Fixed assets
- ▼1%
- Now £3.5m
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
- HHG NO11. Limitedultimate parent75–100%
- HHG NO.10 Limited75–100%
- HHG NO2. Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- HHG NO4. LimitedRev. £18.1m · Profit £3.6m
- HHG NO1. LimitedRev. £14.6m · Profit −£34.3k
- HHG NO3. LimitedRev. £11.2m · Profit £1.5m
- HHG NO6. LimitedRev. £5.1m · Profit £576k
- HHG NO.5 LimitedRev. £3.1m · Profit £178k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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- Spread Eagle Hotel (Midhurst) Limited(The)Littlehampton · Hotels and similar accommodation
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £717k), from the Companies House accounts bulk data published Mar 2026. 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.