Hgpe ASG2 Assetco LLP
Registered name: HGPE ASG2 ASSETCO LLP
Hgpe ASG2 Assetco LLP made £1.1m revenue and a £15.6k loss in the year to 31 Dec 2024. read from filing text
Hgpe ASG2 Assetco LLP’s revenue fell 5% to £1.1m in the year to 31 Dec 2024, with a loss of £15.6k and 0 employees. The company is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 11 yrs · since 2014
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
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: “As at 31 December 2024, the immediate parent company was HGPE Steel Limited. Following a group restructuring post year end, the ultimate controlling party is Brookfield Corporation by virtue of its sh”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £1.3m | £1.2m | £1.1m |
| Operating profit | £1.3m | £1.2m | £1.1m |
| Profit after tax | −£65.9k | −£19.6k | −£15.6k |
| Profit (best available) | −£65.9k | −£19.6k | −£15.6k |
| Employees (average) | — | 2,022 | 0 |
| Ratios | |||
| Profit margin | −5.1% | −1.7% | −1.4% |
| Revenue per employee | — | £583 | — |
| Profit per employee | — | −£10 | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼8.4% | ▼4.9% |
| Headcount growth | — | — | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- −1.4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£15.6k), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.