How much does Northcote Hotel Limited make?

Northcote Hotel Limited reported revenue of £5.9m and a loss of £93k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Northcote Hotel Limited have?

Northcote Hotel Limited reported an average of 103 employees in the year to 31 Dec 2024.

Is Northcote Hotel Limited profitable?

No — Northcote Hotel Limited reported a loss of £93k in the year to 31 Dec 2024.

Company No. 02002462 · Incorporated 20 Mar 1986

Northcote Hotel Limited

Registered name: NORTHCOTE HOTEL LIMITED

Northcote Hotel Limited made £5.9m revenue and a £93k loss in the year to 31 Dec 2024. read from filing text

Northcote Hotel Limited’s revenue fell 4% to £5.9m in the year to 31 Dec 2024, with a loss of £93k and 103 employees. The company is classified under “hotels and similar accommodation” and is based in Blackburn; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation SIC 56101Licensed restaurants

Status: Active
Location: Blackburn, North West
Age: 40 yrs · since 1986
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 ultimate controlling party of the group is the WARM Foundation which is registered in”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£5.9m

Growth ▼4.4%

Profit

−£93k

Growth —

Profit margin

−1.6%

Gross 2.3%

Employees

103

Change ▼5.5%

Profit / employee

−£903

Revenue/employee £57.4k

Profitable streak

0yrs

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)	£5.9m	£6.2m	£5.9m
Cost of sales	£5.6m	£6.2m	£5.8m
Gross profit	£290k	£21.4k	£139k
Operating profit	£261k	£82.3k	£176k
Profit before tax	£216k	−£171k	−£93k
Profit after tax	£111k	−£154k	−£93k
Profit (best available)	£111k	−£154k	−£93k
Staff costs	£2.8m	£3.1m	£3m
Employees (average)	93	109	103
Ratios
Profit margin	1.9%	−2.5%	−1.6%
Gross margin	4.9%	0.4%	2.3%
Revenue per employee	£63.1k	£56.7k	£57.4k
Profit per employee	£1.2k	−£1.4k	−£903
Growth (year on year)
Revenue growth	—	▲5.3%	▼4.4%
Profit growth	—	▼239.2%	—
Headcount growth	—	▲17.2%	▼5.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£553k	£151k	£288k
Net assets	£4.5m	£4.3m	£4.2m
Fixed assets	£5.7m	£5.6m	£5.7m
Current assets	£4.5m	£4.2m	£3.8m
Debtors	£195k	£241k	£195k
Deferred income	£1.4m	£1.2m	£1.1m
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Apr 2025

Derived from the latest filing

How the business works

Profit margin: −1.6%; Profit ÷ revenue.
Gross margin: 2.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £57.4k; Revenue ÷ average employees.
Profit per employee: −£903; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 95.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 18.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.3%; 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: ▼2%; Now £4.2m
Cash at bank: ▲91%; Now £288k
Headcount: ▼6%; Now 103
Deferred income: ▼11%; Now £1.1m
Fixed assets: ▲1%; Now £5.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal 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 −£93k), from the Companies House accounts bulk data published Apr 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.