How much does ST Michael's Falmouth Limited make?

ST Michael's Falmouth Limited reported revenue of £10.1m and a loss of £737k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does ST Michael's Falmouth Limited have?

ST Michael's Falmouth Limited reported an average of 2 employees in the year to 31 Mar 2025.

Is ST Michael's Falmouth Limited profitable?

No — ST Michael's Falmouth Limited reported a loss of £737k in the year to 31 Mar 2025.

Company No. 10479395 · Incorporated 15 Nov 2016

ST Michael's Falmouth Limited

Registered name: ST MICHAEL'S FALMOUTH LIMITED

Part of Carpenter Hotels Limited group

ST Michael's Falmouth Limited made £10.1m revenue and a £737k loss in the year to 31 Mar 2025. read from filing text

ST Michael's Falmouth Limited’s revenue grew 4% to £10.1m in the year to 31 Mar 2025, with a loss of £737k and 2 employees. The company is classified under “hotels and similar accommodation” and is based in Falmouth; we hold 4 years of its filed accounts.

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

Status: Active
Location: Falmouth, South West
Age: 9 yrs · since 2016
Type: Private Limited Company

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: “There is no one individual who is the ultimate controlling party.”

Latest accounts · year to 31 Mar 2025

Key figures

Small teamCash flow filed

Revenue

£10.1m

Growth ▲3.9%

Profit

−£737k

Growth —

Profit margin

−7.3%

Gross 46.9%

Employees

Change 0%

Profit / employee

−£369k

Revenue/employee £5.1m

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	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
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)	£8.6m	£9m	£9.8m	£10.1m
Cost of sales	£4.1m	£4.8m	£5m	£5.4m
Gross profit	£4.5m	£4.2m	£4.8m	£4.8m
Operating profit	£1.2m	£628k	£219k	−£21.4k
Profit before tax	£681k	£121k	−£474k	−£737k
Profit after tax	£681k	£121k	−£474k	−£737k
Profit (best available)	£681k	£121k	−£474k	−£737k
Staff costs	£0	£0	£0	£0
Employees (average)	2	2	2	2
Ratios
Profit margin	7.9%	1.4%	−4.9%	−7.3%
Gross margin	52.6%	47.1%	48.7%	46.9%
Revenue per employee	£4.3m	£4.5m	£4.9m	£5.1m
Profit per employee	£340k	£60.6k	−£237k	−£369k
Cash conversion	−173.1%	−38.4%	−436%	—
Growth (year on year)
Revenue growth	—	▲4.9%	▲8.4%	▲3.9%
Profit growth	—	▼82.2%	▼491.1%	—
Headcount growth	—	0%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£1.9m	£1m	£725k
Net assets	£5.4m	£4.8m	£3.9m	£4.1m
Fixed assets	£15.2m	£15.3m	£14.9m	£15.3m
Current assets	£3.7m	£2.4m	£1.5m	£1.5m
Debtors	£169k	£167k	£146k	£171k
Deferred income	£301k	£139k	£217k	£252k
Cash from operations	−£2.1m	−£241k	−£954k	−£592k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −7.3%; Profit ÷ revenue.
Gross margin: 46.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £5.1m; Revenue ÷ average employees.
Profit per employee: −£369k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 150.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.7%; 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: ▲3%; Now £4.1m
Cash at bank: ▼30%; Now £725k
Headcount: 0%; Now 2
Deferred income: ▲16%; Now £252k
Fixed assets: ▲3%; Now £15.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Carpenter Hotels Limitedultimate parent75–100%
ST Michael's Falmouth Limitedthis company

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

Subsidiaries (2)

ST Michael's Crew LimitedFigures not disclosed
Tresillian House 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 Mar 2025 (profit −£737k), from the Companies House accounts bulk data published Dec 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.