Covent Garden Hotel (Freehold) Ltd
Registered name: COVENT GARDEN HOTEL (FREEHOLD) LTD
Part of Firmdale Holdings Ltd groupCovent Garden Hotel (Freehold) Ltd made £2.1m revenue and a £1.2m loss in the year to 31 Jan 2026.
Covent Garden Hotel (Freehold) Ltd’s revenue fell 1% to £2.1m in the year to 31 Jan 2026, with a loss of £1.2m and 3 employees. The company is classified under “hotels and similar accommodation” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 | 31 Jan 2026 |
|---|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | — | £1.9m | £2.2m | £2.1m |
| Operating profit | — | — | −£10.3m | £2.2m | £2m |
| Profit before tax | — | — | −£13.8m | −£706k | −£1.2m |
| Profit after tax | — | — | −£13.8m | −£706k | −£1.2m |
| Profit (best available) | — | — | −£13.8m | −£706k | −£1.2m |
| Employees (average) | 1 | 1 | 1 | 3 | 3 |
| Ratios | |||||
| Profit margin | — | — | −738.4% | −32.7% | −55.9% |
| Revenue per employee | — | — | £1.9m | £720k | £715k |
| Profit per employee | — | — | −£13.8m | −£235k | −£400k |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | ▲15.2% | ▼0.7% |
| Headcount growth | — | 0% | 0% | ▲200% | 0% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | — | £0 | £54k | £29.9k | £16.3k |
| Net assets | £100 | −£50k | −£13.9m | −£14.6m | −£15.8m |
| Current assets | — | £5.4m | £1.8m | £1.9m | £2.1m |
| Debtors | £100 | £5.4m | £1.8m | £1.9m | £2m |
| Deferred income | — | £50.1k | £1m | £586k | £593k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | Accounts · bulk data Aug 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- −55.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £715k
- Revenue ÷ average employees.
- Profit per employee
- −£400k
- 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
- 27.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 95%
- 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 −£15.8m
- Cash at bank
- ▼45%
- Now £16.3k
- Headcount
- 0%
- Now 3
- Deferred income
- ▲1%
- Now £593k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Firmdale Holdings Ltd (registered outside the UK register)ultimate parent75–100%
- Covent Garden Hotel (Freehold) Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Covent Garden Hotel (Leasehold) LtdRev. £15.4m · Profit −£656k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Jan 2026 (profit −£1.2m), from the Companies House accounts bulk data published Aug 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.