Wellington Hostel LimitedDissolved
Registered name: WELLINGTON HOSTEL LIMITED
Wellington Hostel Limited made £0 revenue and £93k profit in the year to 31 Mar 2024. read from filing text
Wellington Hostel Limited’s revenue fell 100% to £0 in the year to 31 Mar 2024, with £93k profit and 0 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 company is a wholly owned subsidiary of One Lansdowne Road Limited.”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
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&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £741k | £543k | £0 |
| Operating profit | £151k | −£43.7k | £93.5k |
| Profit before tax | £151k | −£43.9k | £93k |
| Profit after tax | £151k | −£43.9k | £93k |
| Profit (best available) | £151k | −£43.9k | £93k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | 20.4% | −8.1% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼26.8% | ▼100% |
| Profit growth | — | ▼129% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £7.9k | £1.7k | £10.7k |
| Net assets | −£51.8k | −£95.7k | −£2.7k |
| Current assets | £238k | £50.4k | £11.6k |
| Debtors | £7.3k | £45.4k | £0 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now −£2.7k
- Cash at bank
- ▲528%
- Now £10.7k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £93k), 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.