How much does New Place Hotel Company Limited make?

New Place Hotel Company Limited reported revenue of £4m and a loss of £692k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does New Place Hotel Company Limited have?

New Place Hotel Company Limited reported an average of 89 employees in the year to 31 Mar 2025.

Is New Place Hotel Company Limited profitable?

No — New Place Hotel Company Limited reported a loss of £692k in the year to 31 Mar 2025.

Company No. 10579963 · Incorporated 24 Jan 2017

New Place Hotel Company Limited

Registered name: NEW PLACE HOTEL COMPANY LIMITED

Part of New Place Property Company Limited group

New Place Hotel Company Limited made £4m revenue and a £692k loss in the year to 31 Mar 2025.

New Place Hotel Company Limited’s revenue fell 8% to £4m in the year to 31 Mar 2025, with a loss of £692k and 89 employees. The company is classified under “hotels and similar accommodation” and is based in Southampton; we hold 4 years of its filed accounts.

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

Status: Active
Location: Southampton, South East
Age: 9 yrs · since 2017
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 Mar 2025

Key figures

Revenue

£4m

Growth ▼7.6%

Profit

−£692k

Growth —

Profit margin

−17.1%

Gross 41.8%

Employees

Change ▲2.3%

Profit / employee

−£7.8k

Revenue/employee £45.4k

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	5 Apr 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.9m	£4.5m	£4.4m	£4m
Cost of sales	£2m	£2.3m	£2.3m	£2.4m
Gross profit	£1.9m	£2.2m	£2.1m	£1.7m
Operating profit	−£41.4k	−£97.4k	—	—
Profit before tax	−£117k	−£97.4k	−£165k	−£692k
Profit after tax	−£117k	−£97.4k	−£298k	−£692k
Profit (best available)	−£117k	−£97.4k	−£298k	−£692k
Employees (average)	75	88	87	89
Ratios
Profit margin	−3%	−2.2%	−6.8%	−17.1%
Gross margin	49.7%	48.8%	48.1%	41.8%
Revenue per employee	£52.3k	£50.6k	£50.3k	£45.4k
Profit per employee	−£1.6k	−£1.1k	−£3.4k	−£7.8k
Growth (year on year)
Revenue growth	—	▲13.4%	▼1.8%	▼7.6%
Headcount growth	—	▲17.3%	▼1.1%	▲2.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£753k	£362k	£141k	£76.7k
Net assets	−£6.3m	−£6.4m	−£6.7m	−£7.4m
Fixed assets	£35.5k	£417k	£553k	£585k
Current assets	£2.3m	£2.1m	£1.7m	£1.8m
Debtors	£68.9k	£60.8k	£118k	£95.1k
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: −17.1%; Profit ÷ revenue.
Gross margin: 41.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £45.4k; Revenue ÷ average employees.
Profit per employee: −£7.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 14.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.4%; 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 −£7.4m
Cash at bank: ▼46%; Now £76.7k
Headcount: ▲2%; Now 89
Deferred income: —; Now —
Fixed assets: ▲6%; Now £585k

Corporate ownership

Group structure

Ownership chain

New Place Property Company Limitedultimate parent75–100%
New Place Hotel Company 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 Mar 2025 (profit −£692k), from the Companies House accounts bulk data published Mar 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.