How much does Waterloo Hotel Operator Limited make?

Waterloo Hotel Operator Limited reported revenue of £31.6m and £2.4m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Waterloo Hotel Operator Limited have?

Waterloo Hotel Operator Limited reported an average of 224 employees in the year to 31 Dec 2025.

Is Waterloo Hotel Operator Limited profitable?

Yes — Waterloo Hotel Operator Limited reported a profit of £2.4m in the year to 31 Dec 2025.

Company No. 09558390 · Incorporated 23 Apr 2015

Waterloo Hotel Operator Limited

Registered name: WATERLOO HOTEL OPERATOR LIMITED

Part of Pphe Hotel Group Limited group

Waterloo Hotel Operator Limited made £31.6m revenue and £2.4m profit in the year to 31 Dec 2025. read from filing text

Waterloo Hotel Operator Limited’s revenue fell 1% to £31.6m in the year to 31 Dec 2025, with £2.4m profit and 224 employees. The company is classified under “hotels and similar accommodation” and is based in London; we hold 3 years of its filed accounts.

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

Status: Active
Location: London, London
Age: 11 yrs · since 2015
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.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£31.6m

Growth ▼1%

Profit

£2.4m

Growth ▼4.1%

Profit margin

7.5%

Gross 43.9%

Employees

224

Change ▲1.8%

Profit / employee

£10.6k

Revenue/employee £141k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£31.5m	£32m	£31.6m
Cost of sales	£17.6m	£17.8m	£17.8m
Gross profit	£13.9m	£14.2m	£13.9m
Operating profit	£5.2m	£5.6m	£5.4m
Profit before tax	£2m	£2.5m	£2.4m
Profit (best available)	£2m	£2.5m	£2.4m
Staff costs	£4m	£6.4m	£6.8m
Employees (average)	147	220	224
Ratios
Profit margin	6.2%	7.8%	7.5%
Gross margin	44.2%	44.4%	43.9%
Revenue per employee	£214k	£145k	£141k
Profit per employee	£13.3k	£11.3k	£10.6k
Growth (year on year)
Revenue growth	—	▲1.5%	▼1%
Profit growth	—	▲26.5%	▼4.1%
Headcount growth	—	▲49.7%	▲1.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£3m	£3.8m
Net assets	−£12.7m	−£8.7m	−£7.1m
Fixed assets	£81.7m	£78.3m	£72.5m
Current assets	£3.1m	£4.2m	£7.1m
Debtors	£785k	£911k	£564k
Source	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 7.5%; Profit ÷ revenue.
Gross margin: 43.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £141k; Revenue ÷ average employees.
Profit per employee: £10.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 229.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.8%; 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 −£7.1m
Cash at bank: ▲30%; Now £3.8m
Headcount: ▲2%; Now 224
Deferred income: —; Now —
Fixed assets: ▼7%; Now £72.5m

Corporate ownership

Group structure

Ownership chain

Pphe Hotel Group Limited (registered outside the UK register)ultimate parent75–100%
Pphe Holdings Limited75–100%
Park Plaza Hotels (UK) Limited75–100%
Waterloo Hotel Operator Limitedthis company

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

Sister companies (11)

Victoria Park Plaza Operator LimitedRev. £24m · Profit £3.6m
Park Plaza Hotels (UK) Services LimitedRev. £17.1m · Profit £1.3m
Sherlock Holmes Park Plaza LimitedRev. £11m · Profit £1.3m
Park Royal Hotel Operator LimitedRev. £8.8m · Profit −£258k
Leeds Hotel Operator LimitedRev. £6m · Profit −£630k
Nottingham Hotel Operator LimitedRev. £5.4m · Profit −£246k
Sherlock Holmes Hotel Shop LimitedRev. £121k · Profit −£360k
Marlbray LimitedRev. £0 · Profit £13.7m
Pphe Headco LimitedRev. £0 · Profit £21.6m
Signature Top LimitedRev. £0 · Profit £10.4m
Signature Top II LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.4m), from the Companies House accounts bulk data published Jul 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.