How much does The Nare Hotel Company Limited make?

The Nare Hotel Company Limited reported revenue of £5.8m and £126k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does The Nare Hotel Company Limited have?

The Nare Hotel Company Limited reported an average of 101 employees in the year to 31 Dec 2025.

Is The Nare Hotel Company Limited profitable?

Yes — The Nare Hotel Company Limited reported a profit of £126k in the year to 31 Dec 2025.

Company No. 02323722 · Incorporated 1 Dec 1988

The Nare Hotel Company Limited

Registered name: THE NARE HOTEL COMPANY LIMITED

Part of Cordash Limited group

The Nare Hotel Company Limited made £5.8m revenue and £126k profit in the year to 31 Dec 2025.

The Nare Hotel Company Limited’s revenue was £5.8m in the year to 31 Dec 2025, with £126k profit and 101 employees. The company is classified under “hotels and similar accommodation” and is based in Cornwall; we hold 4 years of its filed accounts.

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

Status: Active
Location: Cornwall, South West
Age: 37 yrs · since 1988
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: “Cordash Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£5.8m

Growth ▲0.5%

Profit

£126k

Growth ▼56.7%

Profit margin

2.2%

Gross 85.8%

Employees

101

Change ▲2%

Profit / employee

£1.3k

Revenue/employee £57.2k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.8m	£5.7m	£5.7m	£5.8m
Cost of sales	£797k	£743k	£722k	£820k
Gross profit	£6m	£5m	£5m	£5m
Operating profit	£1.5m	£774k	£691k	£441k
Profit before tax	£1.4m	£570k	£390k	£169k
Profit after tax	£1.1m	£435k	£292k	£126k
Profit (best available)	£1.1m	£435k	£292k	£126k
Staff costs	£2.5m	£2.3m	£2.4m	£2.5m
Employees (average)	99	101	99	101
Ratios
Profit margin	16.3%	7.6%	5.1%	2.2%
Gross margin	88.3%	87%	87.5%	85.8%
Revenue per employee	£68.8k	£56.5k	£58.1k	£57.2k
Profit per employee	£11.2k	£4.3k	£3k	£1.3k
Growth (year on year)
Revenue growth	—	▼16.2%	▲0.7%	▲0.5%
Profit growth	—	▼60.8%	▼32.9%	▼56.7%
Headcount growth	—	▲2%	▼2%	▲2%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£368k	£1.1m	£1m
Net assets	£14.5m	£14.7m	£14.8m	£14.7m
Fixed assets	£18.3m	£20.2m	£20.6m	£20.4m
Current assets	£9.9m	£7.5m	£8.2m	£8.1m
Debtors	£33.7k	£39.9k	£47.5k	£63.5k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 2.2%; Profit ÷ revenue.
Gross margin: 85.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £57.2k; Revenue ÷ average employees.
Profit per employee: £1.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 352.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.1%; 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: ▼0%; Now £14.7m
Cash at bank: ▼9%; Now £1m
Headcount: ▲2%; Now 101
Deferred income: —; Now —
Fixed assets: ▼1%; Now £20.4m

Corporate ownership

Group structure

Ownership chain

Cordash Limitedultimate parent75–100%
The Nare Hotel Company 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

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £126k), from the Companies House accounts bulk data published Sep 2026. 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.