How much does LH Project Limited make?

LH Project Limited reported revenue of £2m and £166k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does LH Project Limited have?

LH Project Limited reported an average of 0 employees in the year to 31 Dec 2024.

Is LH Project Limited profitable?

Yes — LH Project Limited reported a profit of £166k in the year to 31 Dec 2024.

Company No. SC193460 · Incorporated 15 Feb 1999

LH Project Limited

Registered name: LH PROJECT LIMITED

Part of Bifm Investments Limited group

LH Project Limited made £2m revenue and £166k profit in the year to 31 Dec 2024. read from filing text

LH Project Limited’s revenue grew 53% to £2m in the year to 31 Dec 2024, with £166k profit and 0 employees. The company is classified under “other business support service activities” and is based in Edinburgh; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active - Proposal to Strike off
Location: Edinburgh, Scotland
Age: 27 yrs · since 1999
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. 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: “The immediate parent undertaking is PFI Infrastructure Finance Limited.”

Latest accounts · year to 31 Dec 2024

Key figures

Small team

Revenue

£2m

Growth ▲53.4%

Profit

£166k

Growth ▼42.2%

Profit margin

8.1%

Gross 16.1%

Employees

Change —

Profit / employee

—

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
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)	£1.2m	£1.3m	£2m
Cost of sales	£382k	£769k	£1.7m
Gross profit	£784k	£565k	£329k
Operating profit	£669k	£435k	£190k
Profit before tax	£658k	£432k	£196k
Profit after tax	£494k	£287k	£166k
Profit (best available)	£494k	£287k	£166k
Employees (average)	—	0	0
Ratios
Profit margin	42.4%	21.5%	8.1%
Gross margin	67.3%	42.4%	16.1%
Growth (year on year)
Revenue growth	—	▲14.4%	▲53.4%
Profit growth	—	▼41.8%	▼42.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.8m	£1.6m	£616k
Net assets	£1.5m	£1.1m	£1.3m
Current assets	£3.1m	£2.5m	£1.7m
Debtors	£1.3m	£907k	£1.1m
Deferred income	£43.5k	£33.4k	£20.3k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Aug 2025

Derived from the latest filing

How the business works

Profit margin: 8.1%; Profit ÷ revenue.
Gross margin: 16.1%; 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: 1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 52.9%; 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: ▲14%; Now £1.3m
Cash at bank: ▼62%; Now £616k
Headcount: —; Now 0
Deferred income: ▼39%; Now £20.3k
Fixed assets: —; Now —

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

Bifm Investments Limitedultimate parent75–100%
Biif GP Limited75–100%
Biif Holdco Limited75–100%
Biif Issuerco Limited75–100%
Biif Parentco Limited75–100%
Biif Bidco Limited75–100%
I2 Holdco 2 Limited75–100%
I2 Holdco Limited75–100%
I2 Bidco Limited75–100%
Pfi Infrastructure Finance Limited75–100%
LH Project Limitedthis company

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

Sister companies (11)

Ke Project LimitedRev. £1.4m · Profit £246k
Abc Schools (Holdings) LimitedRev. — · Profit £0
CH Bolton (Holdings) LimitedRev. — · Profit £247k
Forfar Healthcare (Holdings) LimitedRev. — · Profit £578k
Lochgilphead Healthcare Services (Holdings) LimitedRev. — · Profit £674k
Newschools (Penweddig) Holdings LimitedFigures not disclosed
Pif Vulcans Lane LimitedFigures not disclosed
Pif West Cumbria LimitedFigures not disclosed
Salisbury Healthcare Facilities (Holdings) LimitedFigures not disclosed
Stobhill Healthcare Facilities (Holdings) LimitedRev. — · Profit £144k
Tiverton Healthcare Facilities (Holdings) LimitedRev. — · Profit £533k

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 Dec 2024 (profit £166k), from the Companies House accounts bulk data published Aug 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.