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Company No. 14655732 · Incorporated 10 Feb 2023

Homes by Honey (Siteco 2) Limited

Registered name: HOMES BY HONEY (SITECO 2) LIMITED

Part of Alchemy Special Opportunities LLP group

Homes by Honey (Siteco 2) Limited made £11.9m revenue and £258k profit in the year to 31 Dec 2025.

Homes by Honey (Siteco 2) Limited’s revenue grew 471% to £11.9m in the year to 31 Dec 2025, with £258k profit and 2 employees. The company is classified under “construction of domestic buildings” and is based in Sheffield; we hold 3 years of its filed accounts.

Full profit & loss filedSection F · ConstructionSIC 41202Construction of domestic buildings
Status
Active
Location
Sheffield, Yorkshire and The Humber
Age
3 yrs · since 2023
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.

Latest accounts · year to 31 Dec 2025

Key figures

Small teamYoung and profitable
Revenue
£11.9m
Growth ▲471.4%
Profit
£258k
Growth —
Profit margin
2.2%
Gross 20%
Employees
2
Change 0%
Profit / employee
£129k
Revenue/employee £6m
Profitable streak
1yr
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 to31 Dec 202331 Dec 202431 Dec 2025
DisclosureProfit & lossProfit & lossProfit & loss
Profit & loss
Revenue (turnover)£0£2.1m£11.9m
Cost of sales£0−£1.6m−£9.6m
Gross profit£0£502k£2.4m
Operating profit−£121k−£1.6m£1.2m
Profit before tax−£272k−£2.4m£258k
Profit after tax−£272k−£2.4m£258k
Profit (best available)−£272k−£2.4m£258k
Employees (average)—22
Ratios
Profit margin—−116%2.2%
Gross margin—24%20%
Revenue per employee—£1m£6m
Profit per employee—−£1.2m£129k
Growth (year on year)
Revenue growth——▲471.4%
Headcount growth——0%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Apr 2025Accounts · bulk data Apr 2025Accounts · bulk data Apr 2026
Derived from the latest filing

How the business works

Profit margin
2.2%
Profit ÷ revenue.
Gross margin
20%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£6m
Revenue ÷ average employees.
Profit per employee
£129k
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.
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 —
Cash at bank
—
Now —
Headcount
0%
Now 2
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Alchemy Special Opportunities LLPultimate parent75–100%
  2. Homes by Honey (Group) Limited75–100%
  3. Ahh Midco 2 Limited75–100%
  4. Homes by Honey (Siteco 2) Limitedthis company

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

Sister companies (12)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 Dec 2025 (profit £258k), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026