How much does HH Waterloo Opco Limited make?

HH Waterloo Opco Limited reported revenue of £25.6m and a loss of £6.2m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does HH Waterloo Opco Limited have?

HH Waterloo Opco Limited reported an average of 88 employees in the year to 31 Dec 2024.

Is HH Waterloo Opco Limited profitable?

No — HH Waterloo Opco Limited reported a loss of £6.2m in the year to 31 Dec 2024.

Company No. 07537688 · Incorporated 22 Feb 2011

HH Waterloo Opco Limited

Registered name: HH WATERLOO OPCO LIMITED

Part of Hh Waterloo Holdco Limited group

HH Waterloo Opco Limited made £25.6m revenue and a £6.2m loss in the year to 31 Dec 2024. read from filing text

HH Waterloo Opco Limited’s revenue was £25.6m in the year to 31 Dec 2024, with a loss of £6.2m and 88 employees. The company is classified under “hotels and similar accommodation” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation

Status: Active
Location: London, London
Age: 15 yrs · since 2011
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. From the filing: “At the year end and during the post year end period, the immediate parent company was HH Waterloo Holdco Limited by virtue of its 100% shareholding.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed

Revenue

£25.6m

Growth —

Profit

−£6.2m

Growth —

Profit margin

−24.1%

Gross 62.2%

Employees

Change —

Profit / employee

−£70.2k

Revenue/employee £291k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2021	30 Sep 2022	30 Sep 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£4.2m	£12.4m	£17.7m	£25.6m
Cost of sales	£3.2m	£4.4m	£7.3m	£9.7m
Gross profit	£915k	£8m	£10.4m	£15.9m
Operating profit	−£5.3m	−£442k	−£203k	−£5.6m
Profit before tax	−£5m	−£442k	−£175k	−£5.6m
Profit after tax	−£4.6m	−£442k	−£175k	−£6.2m
Profit (best available)	−£4.6m	−£442k	−£175k	−£6.2m
Staff costs	£1.8m	—	—	—
Employees (average)	71	60	66	88
Ratios
Profit margin	−110.8%	−3.5%	−1%	−24.1%
Gross margin	22%	64.3%	58.8%	62.2%
Revenue per employee	£58.6k	£207k	£268k	£291k
Profit per employee	−£65k	−£7.4k	−£2.7k	−£70.2k
Growth (year on year)
Revenue growth	—	—	▲42%	—
Headcount growth	—	—	▲10%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£127k	£4m	£5m	£1.1m
Net assets	£2.3m	£1.9m	£1.7m	−£4.5m
Fixed assets	£0	£69k	£76k	£151k
Current assets	£11.4m	£22.6m	£24.4m	£17.9m
Debtors	£195k	£176k	£209k	£304k
Deferred income	£975k	£332k	£886k	—
Cash from operations	—	—	−£1.1m	£3.8m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data May 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: −24.1%; Profit ÷ revenue.
Gross margin: 62.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £291k; Revenue ÷ average employees.
Profit per employee: −£70.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.2%; 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: —; Now −£4.5m
Cash at bank: —; Now £1.1m
Headcount: —; Now 88
Deferred income: —; Now —
Fixed assets: —; Now £151k

Corporate ownership

Group structure

Ownership chain

Hh Waterloo Holdco Limited (registered outside the UK register)ultimate parent75–100%
HH Waterloo Opco Limitedthis company

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

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£6.2m), from the Companies House accounts bulk data published Aug 2026. 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.