Home Grown Hotels Limited
Registered name: HOME GROWN HOTELS LIMITED
Part of The Pig Hotel Holdco Limited groupHome Grown Hotels Limited made £50.6m revenue and a £9m loss in the year to 31 Dec 2024. read from filing text
Home Grown Hotels Limited’s revenue grew 2% to £50.6m in the year to 31 Dec 2024, with a loss of £9m and 995 employees. The company is classified under “hotels and similar accommodation” and is based in Lyndhurst; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Lyndhurst, South East
- 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: “The immediate parent company is The Pig Hotel Group Limited, which owns 100% of the share capital.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £51.4m | £49.9m | £50.6m |
| Cost of sales | £8.6m | £8.3m | £8.1m |
| Gross profit | £42.9m | £41.6m | £42.5m |
| Operating profit | £3.3m | £2.2m | £630k |
| Profit before tax | £2.5m | £2.3m | −£8.6m |
| Profit after tax | £1.3m | £2m | −£9m |
| Profit (best available) | £1.3m | £2m | −£9m |
| Staff costs | £24.3m | £23m | £23.5m |
| Employees (average) | 1,006 | 1,011 | 995 |
| Ratios | |||
| Profit margin | 2.5% | 4% | −17.7% |
| Gross margin | 83.4% | 83.4% | 84% |
| Revenue per employee | £51.1k | £49.3k | £50.9k |
| Profit per employee | £1.3k | £2k | −£9k |
| Growth (year on year) | |||
| Revenue growth | — | ▼3.1% | ▲1.5% |
| Profit growth | — | ▲56.5% | ▼546% |
| Headcount growth | — | ▲0.5% | ▼1.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £4.9m | £5.6m | £3.7m |
| Net assets | £74.6m | £76.7m | £62.6m |
| Fixed assets | £140m | £152m | £139m |
| Current assets | £9.2m | £13.8m | £36.1m |
| Debtors | £268k | £43.3k | £41.5k |
| Deferred income | £9.9m | £8m | £9.6m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −17.7%
- Profit ÷ revenue.
- Gross margin
- 84%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £50.9k
- Revenue ÷ average employees.
- Profit per employee
- −£9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 275.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 19.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▼18%
- Now £62.6m
- Cash at bank
- ▼33%
- Now £3.7m
- Headcount
- ▼2%
- Now 995
- Deferred income
- ▲21%
- Now £9.6m
- Fixed assets
- ▼8%
- Now £139m
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
- The Pig Hotel Holdco Limitedultimate parent75–100%
- The Pig Hotel Midco Limited75–100%
- The Pig Hotel Group Limited75–100%
- Home Grown Hotels Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Barnsley House Properties LimitedLiquidationFigures not disclosed
- HGH (Staff Houses) LimitedRev. — · Profit £68.5k
- The Tunbridge Wells Hotel LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Revenue
- £49.8m
- Profit
- £6.6m
- Staff
- 370
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- Profit
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- Hastings Hotels Group LimitedBelfast · Hotels and similar accommodation
- Revenue
- £55.8m
- Profit
- £7.8m
- Staff
- 916
- International Hoteliers (UK) LimitedLondon · Hotels and similar accommodation
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- £57.3m
- Profit
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- Staff
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- Trocadero (London) Hotel LimitedLondon · Hotels and similar accommodation
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- £42.3m
- Profit
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- Chester Race Company LimitedCheshire · Hotels and similar accommodation
- Revenue
- £42m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£9m), from the Companies House accounts bulk data published Sep 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.