Bloc Hotel Operations Limited
Registered name: BLOC HOTEL OPERATIONS LIMITED
Part of Arora Holdings Limited groupBloc Hotel Operations Limited made £12.3m revenue and £2m profit in the year to 31 Mar 2024.
Bloc Hotel Operations Limited’s revenue grew 6% to £12.3m in the year to 31 Mar 2024, with £2m profit and 85 employees. The company is classified under “hotels and similar accommodation” and is based in London Heathrow Airport; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London Heathrow Airport, London
- Age
- 15 yrs · since 2010
- 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 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £2.8m | £11.6m | £12.3m |
| Cost of sales | £1.6m | £4.9m | £5.3m |
| Gross profit | £1.2m | £6.7m | £7.1m |
| Operating profit | −£451k | £2.2m | £2m |
| Profit before tax | −£451k | £2.2m | £2m |
| Profit after tax | −£288k | £1.9m | £2m |
| Profit (best available) | −£288k | £1.9m | £2m |
| Staff costs | £1m | £2.4m | £2.8m |
| Employees (average) | 48 | 78 | 85 |
| Ratios | |||
| Profit margin | −10.4% | 16% | 16.1% |
| Gross margin | 43% | 57.6% | 57.2% |
| Revenue per employee | £57.5k | £148k | £145k |
| Profit per employee | −£6k | £23.8k | £23.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲319.3% | ▲6.5% |
| Profit growth | — | — | ▲7.2% |
| Headcount growth | — | ▲62.5% | ▲9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £698k | £1.2m | £583k |
| Net assets | £6.2m | £8m | £10m |
| Fixed assets | £168k | £188k | £426k |
| Current assets | £9m | £12.5m | £15.4m |
| Debtors | £473 | £0 | £14.8m |
| Deferred income | £512k | £1.1m | £1.6m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 16.1%
- Profit ÷ revenue.
- Gross margin
- 57.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £145k
- Revenue ÷ average employees.
- Profit per employee
- £23.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 12.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 120.4%
- 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
- ▲25%
- Now £10m
- Cash at bank
- ▼50%
- Now £583k
- Headcount
- ▲9%
- Now 85
- Deferred income
- ▲45%
- Now £1.6m
- Fixed assets
- ▲127%
- Now £426k
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
- Arora Holdings Limitedultimate parent75–100%
- Arora Holdco Limited75–100%
- Arora Hotels Limited75–100%
- Bloc Hotel Group Limited75–100%
- Bloc Asset Co Limited75–100%
- Bloc Hotel Operations Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Bloc ST. Paul's Birmingham LimitedRev. £360k · Profit −£407k
- Bloc Gatwick LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £2m), 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.