Nettleton Holdings Limited
Registered name: NETTLETON HOLDINGS LIMITED
Nettleton Holdings Limited made £18.1m revenue and a £68.5k loss in the year to 31 Mar 2025.
Nettleton Holdings Limited’s revenue grew 5% to £18.1m in the year to 31 Mar 2025, with a loss of £68.5k and 367 employees. The company is classified under “activities of head offices” and is based in Truro; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Truro, South West
- Age
- 24 yrs · since 2002
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £17.2m | £18.1m |
| Cost of sales | — | £11m | £12.1m |
| Gross profit | — | £6.2m | £5.9m |
| Operating profit | — | £1.5m | £265k |
| Profit before tax | — | £1.1m | −£210k |
| Profit after tax | £396 | £3.4m | −£68.5k |
| Profit (best available) | £396 | £3.4m | −£68.5k |
| Staff costs | — | £7.5m | £8.6m |
| Employees (average) | 330 | 334 | 367 |
| Ratios | |||
| Profit margin | — | 19.8% | −0.4% |
| Gross margin | — | 36% | 32.9% |
| Revenue per employee | — | £51.5k | £49.3k |
| Profit per employee | £1 | £10.2k | −£187 |
| Cash conversion | — | 186.4% | −428.4% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲5% |
| Profit growth | — | ▲858933% | ▼102% |
| Headcount growth | — | ▲1.2% | ▲9.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1m | £147k | £42.3k |
| Net assets | £161k | £3.4m | £3.2m |
| Fixed assets | £14.6m | £15.5m | £20.7m |
| Current assets | £1m | £3.4m | £3.3m |
| Debtors | £303k | £735k | £852k |
| Cash from operations | — | £2.8m | −£1.1m |
| Source | Accounts · bulk data Mar 2025 | Accounts · bulk data Mar 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −0.4%
- Profit ÷ revenue.
- Gross margin
- 32.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £49.3k
- Revenue ÷ average employees.
- Profit per employee
- −£187
- Profit ÷ average employees.
- Cash conversion
- −428.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 114.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.7%
- Money owed by customers. Low = customers pay quickly.
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
- ▼7%
- Now £3.2m
- Cash at bank
- ▼71%
- Now £42.3k
- Headcount
- ▲10%
- Now 367
- Deferred income
- —
- Now —
- Fixed assets
- ▲34%
- Now £20.7m
Group structure
Subsidiaries (7)
- Boringdon Hall Plympton LimitedRev. £8.3m · Profit −£43.9k
- The Bay Hotel (Newquay) LimitedRev. £5.3m · Profit £696k
- Net Hotel 4 LimitedRev. £0 · Profit −£89.8k
- Euro (Newquay) LimitedFigures not disclosed
- Gaia Skincare LimitedFigures not disclosed
- Nettleton Properties LimitedFigures not disclosed
- Philema Hospitality Management LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£68.5k), from the Companies House accounts bulk data published Feb 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.