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Company No. 05441953 · Incorporated 3 May 2005

Spa Seekers Ltd.

Registered name: SPA SEEKERS LTD.

Part of Exponent Private Equity (Holdings) LLP group

Spa Seekers Ltd. made £14.6m revenue and £449k profit in the year to 31 Mar 2025.

Spa Seekers Ltd.’s revenue fell 4% to £14.6m in the year to 31 Mar 2025, with £449k profit and 30 employees. The company is classified under “other amusement and recreation activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 93290Other amusement and recreation activities n.e.c.
Status
Active
Location
London, London
Age
21 yrs · since 2005
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 31 Mar 2025

Key figures

Revenue
£14.6m
Growth ▼3.5%
Profit
£449k
Growth ▼54.9%
Profit margin
3.1%
Gross 25%
Employees
30
Change ▼6.3%
Profit / employee
£15k
Revenue/employee £487k
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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£11.1m£15m£15.1m£14.6m
Cost of sales£7m£10.4m£11.3m£11m
Gross profit£4.1m£4.6m£3.8m£3.7m
Operating profit£1.8m£1.7m£1.3m£462k
Profit before tax£1.7m£1.6m£1.3m£597k
Profit after tax£1.4m£1.3m£994k£449k
Profit (best available)£1.4m£1.3m£994k£449k
Staff costs£565k£732k£775k£818k
Employees (average)27333230
Ratios
Profit margin12.5%8.9%6.6%3.1%
Gross margin36.6%30.5%25.3%25%
Revenue per employee£410k£455k£473k£487k
Profit per employee£51.1k£40.6k£31.1k£15k
Cash conversion−169.3%−40%——
Growth (year on year)
Revenue growth—▲35.6%▲0.9%▼3.5%
Profit growth—▼3%▼25.7%▼54.9%
Headcount growth—▲22.2%▼3%▼6.3%
Balance sheet — indirect signals, not revenue
Cash at bank£2m£1.3m£1.3m£1.2m
Net assets£2.6m£3.6m£4.4m£4.6m
Fixed assets£2.7m£3.2m£3.7m£2.2m
Current assets£4.6m£4.1m£4.5m£6.2m
Debtors£239k£292k£257k£252k
Cash from operations−£3m−£670k——
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
3.1%
Profit ÷ revenue.
Gross margin
25%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£487k
Revenue ÷ average employees.
Profit per employee
£15k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
15.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
1.7%
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
▲4%
Now £4.6m
Cash at bank
▼7%
Now £1.2m
Headcount
▼6%
Now 30
Deferred income
—
Now —
Fixed assets
▼40%
Now £2.2m
Corporate ownership

Group structure

Ownership chain

  1. Exponent Private Equity (Holdings) LLPultimate parent75–100%
  2. Exponent Private Equity GP (Second Member) Limited75–100%
  3. Exponent Private Equity Co-Investment GP LLP50–75%
  4. Excalibur Holdco Limited75–100%
  5. Excalibur Debtco Limited75–100%
  6. Excalibur Bidco Limited75–100%
  7. Wowcher Limited75–100%
  8. Spa Seekers Ltd.this company

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

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £449k), from the Companies House accounts bulk data published Dec 2025. 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.