How much does Wiq Hotel Corporation Limited make?

Wiq Hotel Corporation Limited reported revenue of £8.2m and £1.2m profit in the year to 30 Apr 2025, according to its accounts filed at Companies House.

How many employees does Wiq Hotel Corporation Limited have?

Wiq Hotel Corporation Limited reported an average of 0 employees in the year to 30 Apr 2025.

Is Wiq Hotel Corporation Limited profitable?

Yes — Wiq Hotel Corporation Limited reported a profit of £1.2m in the year to 30 Apr 2025.

Company No. 03433156 · Incorporated 8 Sep 1997

Wiq Hotel Corporation Limited

Registered name: WIQ HOTEL CORPORATION LIMITED

Part of Yianis Docklands Hotels 1 Limited group

Wiq Hotel Corporation Limited made £8.2m revenue and £1.2m profit in the year to 30 Apr 2025.

Wiq Hotel Corporation Limited’s revenue fell 1% to £8.2m in the year to 30 Apr 2025, with £1.2m profit and 0 employees. The company is classified under “development of building projects” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects

Status: Active
Location: London, London
Age: 29 yrs · since 1997
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 30 Apr 2025

Key figures

Small team

Revenue

£8.2m

Growth ▼0.5%

Profit

£1.2m

Growth ▼34.5%

Profit margin

15.2%

Gross 98.6%

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023	30 Apr 2024	30 Apr 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.4m	£7.4m	£8.2m	£8.2m
Cost of sales	£141k	£159k	£130k	£114k
Gross profit	£3.3m	£7.3m	£8.1m	£8m
Operating profit	−£266k	£1.6m	£1.8m	£2.1m
Profit before tax	−£266k	£1.6m	£1.8m	£1.3m
Profit after tax	−£266k	£1.6m	£1.9m	£1.2m
Profit (best available)	−£266k	£1.6m	£1.9m	£1.2m
Employees (average)	0	0	0	0
Ratios
Profit margin	−7.8%	21.3%	23%	15.2%
Gross margin	95.9%	97.9%	98.4%	98.6%
Growth (year on year)
Revenue growth	—	▲116.1%	▲10.6%	▼0.5%
Profit growth	—	—	▲19.8%	▼34.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£974k	£1.7m	£1.9m	£3.1m
Net assets	£59.8m	£61.7m	£53.9m	£55.5m
Fixed assets	£83.3m	£83.3m	£70.2m	£70.2m
Current assets	£1.9m	£2.5m	£2.8m	£35.9m
Debtors	£178k	£226k	£219k	£252k
Deferred income	£373k	£233k	£375k	£375k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 15.2%; Profit ÷ revenue.
Gross margin: 98.6%; 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: 859.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.1%; 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: ▲3%; Now £55.5m
Cash at bank: ▲64%; Now £3.1m
Headcount: —; Now 0
Deferred income: ▼0%; Now £375k
Fixed assets: 0%; Now £70.2m

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

Yianis Docklands Hotels 1 Limitedultimate parent75–100%
Yianis Docklands Hotels 2 Limited75–100%
Yianis Docklands Hotels Limited75–100%
Wiq Hotel Corporation Limitedthis company

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

Sister companies (1)

West India Quay (Eastern) LimitedRev. £16.3m · Profit £2.6m

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 30 Apr 2025 (profit £1.2m), from the Companies House accounts bulk data published Jan 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.