Whelan Hotelco Limited
Registered name: WHELAN HOTELCO LIMITED
Whelan Hotelco Limited made £5.1m revenue and £601k profit in the year to 31 May 2024.
Whelan Hotelco Limited’s revenue grew 11% to £5.1m in the year to 31 May 2024, with £601k profit and 99 employees. The company is classified under “hotels and similar accommodation” and is based in Wigan; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wigan, North West
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £3.8m | £4.6m | £5.1m |
| Cost of sales | £618k | £756k | £755k |
| Gross profit | £3.2m | £3.8m | £4.4m |
| Operating profit | £660k | £911k | £1.1m |
| Profit before tax | £660k | £831k | £832k |
| Profit after tax | £522k | £642k | £601k |
| Profit (best available) | £522k | £642k | £601k |
| Staff costs | £1.5m | £1.9m | £2m |
| Employees (average) | 84 | 96 | 99 |
| Ratios | |||
| Profit margin | 13.7% | 14% | 11.8% |
| Gross margin | 83.8% | 83.5% | 85.2% |
| Revenue per employee | £45.3k | £47.9k | £51.7k |
| Profit per employee | £6.2k | £6.7k | £6.1k |
| Cash conversion | −194.4% | −149.8% | −141.5% |
| Growth (year on year) | |||
| Revenue growth | — | ▲20.7% | ▲11.3% |
| Profit growth | — | ▲22.9% | ▼6.3% |
| Headcount growth | — | ▲14.3% | ▲3.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.2m | £851k | £497k |
| Net assets | £8.9m | £9.5m | £10.1m |
| Fixed assets | £9.7m | £9.9m | £9.9m |
| Current assets | £1.4m | £4.6m | £4.3m |
| Debtors | £126k | £102k | £56.6k |
| Deferred income | £170k | £182k | £208k |
| Cash from operations | −£1.3m | −£1.4m | −£1.5m |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 11.8%
- Profit ÷ revenue.
- Gross margin
- 85.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £51.7k
- Revenue ÷ average employees.
- Profit per employee
- £6.1k
- Profit ÷ average employees.
- Cash conversion
- −141.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 194%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.1%
- 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
- ▲6%
- Now £10.1m
- Cash at bank
- ▼42%
- Now £497k
- Headcount
- ▲3%
- Now 99
- Deferred income
- ▲14%
- Now £208k
- Fixed assets
- ▲0%
- Now £9.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 May 2024 (profit £601k), from the Companies House accounts bulk data published Dec 2024. 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.