How much does Turtle Bay Hospitality Limited make?

Turtle Bay Hospitality Limited reported revenue of £84.3m and a loss of £8m in the year to 30 Mar 2025, according to its accounts filed at Companies House.

How many employees does Turtle Bay Hospitality Limited have?

Turtle Bay Hospitality Limited reported an average of 2,042 employees in the year to 30 Mar 2025.

Is Turtle Bay Hospitality Limited profitable?

No — Turtle Bay Hospitality Limited reported a loss of £8m in the year to 30 Mar 2025.

Company No. 07127647 · Incorporated 16 Jan 2010

Turtle Bay Hospitality Limited

Registered name: TURTLE BAY HOSPITALITY LIMITED

Turtle Bay Hospitality Limited made £84.3m revenue and a £8m loss in the year to 30 Mar 2025.

Turtle Bay Hospitality Limited’s revenue fell 10% to £84.3m in the year to 30 Mar 2025, with a loss of £8m and 2,042 employees. The company is classified under “licensed restaurants” and is based in Bristol; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56101Licensed restaurants

Status: Voluntary Arrangement
Location: Bristol, South West
Age: 16 yrs · since 2010
Type: Private Limited Company

Latest accounts · year to 30 Mar 2025

Key figures

Independent

Revenue

£84.3m

Growth ▼10%

Profit

−£8m

Growth ▼796.9%

Profit margin

−9.5%

Gross 38.2%

Employees

2,042

Change ▼4.9%

Profit / employee

−£3.9k

Revenue/employee £41.3k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2024	30 Mar 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£93.7m	£84.3m
Cost of sales	£54.5m	£52.1m
Gross profit	£39.2m	£32.2m
Operating profit	£2m	−£9.9m
Profit before tax	£1.9m	−£10.2m
Profit after tax	£1.2m	−£8m
Profit (best available)	£1.2m	−£8m
Employees (average)	2,147	2,042
Ratios
Profit margin	1.2%	−9.5%
Gross margin	41.8%	38.2%
Revenue per employee	£43.6k	£41.3k
Profit per employee	£536	−£3.9k
Growth (year on year)
Revenue growth	—	▼10%
Profit growth	—	▼796.9%
Headcount growth	—	▼4.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.4m	£2.1m
Net assets	£20.3m	£12.6m
Fixed assets	£35.7m	£29.1m
Current assets	£6.9m	£7.7m
Debtors	£0	£0
Deferred income	£5.8m	£5.1m
Source	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −9.5%; Profit ÷ revenue.
Gross margin: 38.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £41.3k; Revenue ÷ average employees.
Profit per employee: −£3.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 34.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▼38%; Now £12.6m
Cash at bank: ▼12%; Now £2.1m
Headcount: ▼5%; Now 2,042
Deferred income: ▼12%; Now £5.1m
Fixed assets: ▼18%; Now £29.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Mar 2025 (profit −£8m), 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.