Closegate (Durham No. 2) Limited
Registered name: CLOSEGATE (DURHAM NO. 2) LIMITED
Part of Inspire Holdings (Durham) Ltd groupClosegate (Durham No. 2) Limited made £1.1m revenue and a £361k loss in the year to 31 Dec 2025. read from filing text
Closegate (Durham No. 2) Limited’s revenue grew 12% to £1.1m in the year to 31 Dec 2025, with a loss of £361k and 0 employees. The company is classified under “activities of head offices” and is based in Leeds; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 22 yrs · since 2003
- 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. From the filing: “The company's immediate parent undertaking is Closegate Hotel Developments Limited, a company registered in England. The company's ultimate parent undertaking is Inspire Holdings (Durham) Limited, a c”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | — | — | — | £958k | £1.1m |
| Operating profit | — | — | — | £2.1m | −£366k |
| Profit before tax | — | — | — | £2.1m | −£366k |
| Profit after tax | — | — | — | £2.1m | −£361k |
| Profit (best available) | — | — | — | £2.1m | −£361k |
| Employees (average) | 4 | 4 | 31 | 0 | 0 |
| Ratios | |||||
| Profit margin | — | — | — | 217.8% | −33.6% |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | — | ▲12.2% |
| Profit growth | — | — | — | — | ▼117.3% |
| Headcount growth | — | 0% | ▲675% | ▼100% | — |
| Balance sheet — indirect signals, not revenue | |||||
| Net assets | £60k | £60k | £60k | £2.1m | £1.8m |
| Fixed assets | £60k | £60k | — | — | — |
| Current assets | £4.9m | £4.7m | £4.9m | £4.7m | — |
| Debtors | £4.9m | £4.7m | £4.9m | £4.7m | £5.7m |
| Deferred income | — | — | £0 | £211k | £77k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −33.6%
- Profit ÷ revenue.
- Gross margin
- —
- 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
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 530.4%
- 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
- ▼17%
- Now £1.8m
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- ▼64%
- Now £77k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Inspire Holdings (Durham) Ltdultimate parent75–100%
- Closegate Hotel Developments Limited75–100%
- Closegate (Durham No. 2) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Closegate Hotel Development (Durham) LimitedRev. £9.8m · Profit £1.8m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£361k), 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.