How much does Closegate Hotel Development (Durham) Limited make?

Closegate Hotel Development (Durham) Limited reported revenue of £9.8m and £1.8m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Closegate Hotel Development (Durham) Limited have?

Closegate Hotel Development (Durham) Limited reported an average of 107 employees in the year to 31 Dec 2025.

Is Closegate Hotel Development (Durham) Limited profitable?

Yes — Closegate Hotel Development (Durham) Limited reported a profit of £1.8m in the year to 31 Dec 2025.

Company No. 00205219 · Incorporated 9 Apr 1925

Closegate Hotel Development (Durham) Limited

Registered name: CLOSEGATE HOTEL DEVELOPMENT (DURHAM) LIMITED

Part of Inspire Holdings (Durham) Ltd group

Closegate Hotel Development (Durham) Limited made £9.8m revenue and £1.8m profit in the year to 31 Dec 2025. read from filing text

Closegate Hotel Development (Durham) Limited’s revenue grew 10% to £9.8m in the year to 31 Dec 2025, with £1.8m profit and 107 employees. The company is classified under “hotels and similar accommodation” and is based in Leeds; we hold 5 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation

Status: Active
Location: Leeds, Yorkshire and The Humber
Age: 101 yrs · since 1925
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. From the filing: “The company's immediate parent undertaking is Closegate (Durham No.2) Limited, a company registered in England. The company's ultimate parent undertaking is Inspire Holdings (Durham) Limited, a compan”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£9.8m

Growth ▲9.8%

Profit

£1.8m

Growth ▼3.6%

Profit margin

18%

Gross 66.2%

Employees

107

Change ▲69.8%

Profit / employee

£16.5k

Revenue/employee £91.8k

Profitable streak

2yrs

Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	No P&L	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	—	£8.9m	£9.8m
Cost of sales	—	—	—	£3m	£3.3m
Gross profit	—	—	—	£5.9m	£6.5m
Operating profit	—	—	—	£1.4m	£1.4m
Profit before tax	—	—	—	£1.4m	£1.4m
Profit after tax	—	—	—	£1.8m	£1.8m
Profit (best available)	—	—	—	£1.8m	£1.8m
Staff costs	—	—	—	£2.3m	£2.6m
Employees (average)	41	62	63	63	107
Ratios
Profit margin	—	—	—	20.5%	18%
Gross margin	—	—	—	66%	66.2%
Revenue per employee	—	—	—	£142k	£91.8k
Profit per employee	—	—	—	£29.1k	£16.5k
Growth (year on year)
Revenue growth	—	—	—	—	▲9.8%
Profit growth	—	—	—	—	▼3.6%
Headcount growth	—	▲51.2%	▲1.6%	0%	▲69.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£594k	£818k	£1.4m	£1.5m	£1.5m
Net assets	£6.9m	£6.8m	−£2.6m	−£756k	£1m
Fixed assets	£12.6m	£12.7m	£3.1m	£4.6m	£5.8m
Current assets	£1m	£1.1m	£1.7m	£2.2m	£4.3m
Debtors	£329k	£182k	£218k	£97.5k	£84.1k
Deferred income	—	—	—	£502k	£778k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 18%; Profit ÷ revenue.
Gross margin: 66.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £91.8k; Revenue ÷ average employees.
Profit per employee: £16.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 58.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.9%; 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: —; Now £1m
Cash at bank: ▲2%; Now £1.5m
Headcount: ▲70%; Now 107
Deferred income: ▲55%; Now £778k
Fixed assets: ▲26%; Now £5.8m

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

Inspire Holdings (Durham) Ltdultimate parent75–100%
Closegate Hotel Developments Limited75–100%
Closegate (Durham No. 2) Limited75–100%
Closegate Hotel Development (Durham) Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.8m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 11 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.