Titanic Spa Limited
Registered name: TITANIC SPA LIMITED
Titanic Spa Limited made £5.8m revenue and £456k profit in the year to 31 Dec 2022.
Titanic Spa Limited’s revenue grew 71% to £5.8m in the year to 31 Dec 2022, with £456k profit and 124 employees. The company is classified under “hotels and similar accommodation” and is based in Southampton; we hold 2 years of its filed accounts.
- Status
- In Administration
- Location
- Southampton, South East
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £3.4m | £5.8m |
| Cost of sales | £904k | £1.3m |
| Gross profit | £2.5m | £4.5m |
| Operating profit | £397k | £938k |
| Profit before tax | −£59.4k | £211k |
| Profit after tax | £245k | £456k |
| Profit (best available) | £245k | £456k |
| Staff costs | £1.6m | £2.2m |
| Employees (average) | — | 124 |
| Ratios | ||
| Profit margin | 7.2% | 7.8% |
| Gross margin | 73.5% | 77.1% |
| Revenue per employee | — | £47k |
| Profit per employee | — | £3.7k |
| Cash conversion | 194.8% | 113.7% |
| Growth (year on year) | ||
| Revenue growth | — | ▲70.5% |
| Profit growth | — | ▲85.9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £37.5k | £49.7k |
| Net assets | £1.2m | £1.7m |
| Fixed assets | £6m | £5.8m |
| Current assets | £1.6m | £1.5m |
| Debtors | £139k | £127k |
| Deferred income | £8.9k | £28k |
| Cash from operations | £773k | £1.1m |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 |
How the business works
- Profit margin
- 7.8%
- Profit ÷ revenue.
- Gross margin
- 77.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £47k
- Revenue ÷ average employees.
- Profit per employee
- £3.7k
- Profit ÷ average employees.
- Cash conversion
- 113.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 99.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.2%
- 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
- ▲37%
- Now £1.7m
- Cash at bank
- ▲32%
- Now £49.7k
- Headcount
- —
- Now 124
- Deferred income
- ▲215%
- Now £28k
- Fixed assets
- ▼4%
- Now £5.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Dover Marina Hotel LimitedDover · Hotels and similar accommodation
- Revenue
- £5.8m
- Profit
- £281k
- Staff
- 78
- The Nare Hotel Company LimitedCornwall · Hotels and similar accommodation
- Revenue
- £5.8m
- Profit
- £126k
- Staff
- 101
- Gosforth Park Hotels LimitedNewcastle Upon Tyne · Hotels and similar accommodation
- Revenue
- £5.7m
- Profit
- £866k
- Staff
- 102
- Ufford Park LimitedOswestry · Hotels and similar accommodation
- Revenue
- £5.7m
- Profit
- £300k
- Staff
- 104
- Tewkesbury Park LimitedTewkesbury · Hotels and similar accommodation
- Revenue
- £5.7m
- Profit
- £294k
- Staff
- 111
- Twelve Ness Walk LimitedAberdeen · Hotels and similar accommodation
- Revenue
- £5.7m
- Profit
- £924k
- Staff
- 75
Sources
Latest figures from accounts for the year to 31 Dec 2022 (profit £456k), from the Companies House accounts bulk data published Aug 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.