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Company No. 04457083 · Incorporated 7 Jun 2002

Bedspace Resource Limited

Registered name: BEDSPACE RESOURCE LIMITED

Part of Bedspace Group Limited group

Bedspace Resource Limited made £24.4m revenue and £685k profit in the year to 29 Jun 2025.

Bedspace Resource Limited’s revenue grew 16% to £24.4m in the year to 29 Jun 2025, with £685k profit and 352 employees. The company is classified under “other accommodation” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55900Other accommodation
Status
Active
Location
Manchester, North West
Age
24 yrs · since 2002
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.

Latest accounts · year to 29 Jun 2025

Key figures

Capital-light
Revenue
£24.4m
Growth ▲16.3%
Profit
£685k
Growth ▼19.3%
Profit margin
2.8%
Gross 19.3%
Employees
352
Change ▲13.2%
Profit / employee
£1.9k
Revenue/employee £69.4k
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 to29 Jun 202229 Jun 202329 Jun 202429 Jun 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£13.5m£16.9m£21m£24.4m
Cost of sales£10.9m£14.3m£16.8m£19.7m
Gross profit£2.6m£2.6m£4.2m£4.7m
Operating profit£617k£431k£1.1m£965k
Profit before tax£615k£432k£1.1m£948k
Profit after tax£551k£408k£849k£685k
Profit (best available)£551k£408k£849k£685k
Staff costs£6m£8.4m£10.2m£12.4m
Employees (average)195261311352
Ratios
Profit margin4.1%2.4%4%2.8%
Gross margin19.4%15.7%19.8%19.3%
Revenue per employee£69.1k£64.8k£67.6k£69.4k
Profit per employee£2.8k£1.6k£2.7k£1.9k
Growth (year on year)
Revenue growth—▲25.5%▲24.3%▲16.3%
Profit growth—▼26.1%▲108.3%▼19.3%
Headcount growth—▲33.9%▲19.2%▲13.2%
Balance sheet — indirect signals, not revenue
Cash at bank£370k£519k£163k£201k
Net assets£2.2m£1.7m£2.1m£2.8m
Fixed assets£539k£396k£529k£483k
Current assets£5.3m£5m£5.5m£4.9m
Debtors£2.2m£2.4m£3m£1.1m
Deferred income£37.4k£116k£96.6k£40.6k
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data Mar 2025FullAccounts · bulk data Mar 2026
Derived from the latest filing

How the business works

Profit margin
2.8%
Profit ÷ revenue.
Gross margin
19.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£69.4k
Revenue ÷ average employees.
Profit per employee
£1.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
4.5%
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
▲33%
Now £2.8m
Cash at bank
▲23%
Now £201k
Headcount
▲13%
Now 352
Deferred income
▼58%
Now £40.6k
Fixed assets
▼9%
Now £483k

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

  1. Bedspace Group Limitedultimate parent75–100%
  2. Bedspace Holdings Limited75–100%
  3. Bedspace Resource Limitedthis company

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

Subsidiaries (1)

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

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 29 Jun 2025 (profit £685k), from the Companies House accounts bulk data published Mar 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.