Spa Seekers Ltd.
Registered name: SPA SEEKERS LTD.
Part of Exponent Private Equity (Holdings) LLP groupSpa 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 27 | 33 | 32 | 30 |
| Ratios | ||||
| Profit margin | 12.5% | 8.9% | 6.6% | 3.1% |
| Gross margin | 36.6% | 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 | — | — |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
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.
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
Group structure
Ownership chain
- Exponent Private Equity (Holdings) LLPultimate parent75–100%
- Exponent Private Equity GP (Second Member) Limited75–100%
- Exponent Private Equity Co-Investment GP LLP50–75%
- Excalibur Holdco Limited75–100%
- Excalibur Debtco Limited75–100%
- Excalibur Bidco Limited75–100%
- Wowcher Limited75–100%
- Spa Seekers Ltd.this company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Spabreaks.com LimitedRev. £7.2m · Profit £64.7k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Plastic Head Music Distribution LimitedWallingford · Other amusement and recreation activities n.e.c.
- Revenue
- £15.2m
- Profit
- £194k
- Staff
- 66
- Funstation LimitedNorthampton · Other amusement and recreation activities n.e.c.
- Revenue
- £15.7m
- Profit
- £2.1m
- Staff
- 236
- Croeso Pubs LtdCardiff · Other amusement and recreation activities n.e.c.
- Revenue
- £15.8m
- Profit
- £949k
- Staff
- —
- Vibration Group LimitedLondon · Other amusement and recreation activities n.e.c.
- Revenue
- £15.8m
- Profit
- £142k
- Staff
- 41
- Aok Events LimitedWigan · Other amusement and recreation activities n.e.c.
- Revenue
- £16.2m
- Profit
- £1.1m
- Staff
- 38
- Cook and Associates LimitedBromsgrove · Other amusement and recreation activities n.e.c.
- Revenue
- £16.4m
- Profit
- £475k
- Staff
- 27
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.