Winchester Hotel and Spa Ltd
Registered name: WINCHESTER HOTEL AND SPA LTD
Part of New Gem Holdings Limited groupWinchester Hotel and Spa Ltd made £4.3m revenue and a £513k loss in the year to 31 Mar 2025. read from filing text
Winchester Hotel and Spa Ltd’s revenue grew 12% to £4.3m in the year to 31 Mar 2025, with a loss of £513k and 96 employees. The company is classified under “hotels and similar accommodation” and is based in Winchester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Winchester, South East
- Age
- 5 yrs · since 2021
- 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 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) | £2.8m | £3.3m | £3.8m | £4.3m |
| Cost of sales | £1.5m | £2.5m | £2.5m | £2.8m |
| Gross profit | £1.3m | £783k | £1.3m | £1.5m |
| Profit before tax | £239k | −£644k | −£524k | −£513k |
| Profit after tax | £547k | −£1.1m | −£381k | −£513k |
| Profit (best available) | £547k | −£1.1m | −£381k | −£513k |
| Staff costs | £1.1m | £1.8m | £1.6m | £1.8m |
| Employees (average) | 84 | 73 | 88 | 96 |
| Ratios | ||||
| Profit margin | 19.6% | −32.9% | −10% | −12% |
| Gross margin | 46.3% | 23.6% | 35% | 33.9% |
| Revenue per employee | £33.2k | £45.5k | £43.4k | £44.6k |
| Profit per employee | £6.5k | −£15k | −£4.3k | −£5.3k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲14.8% | ▲12.1% |
| Headcount growth | — | — | ▲20.5% | ▲9.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £115k | £243k | £281k | £119k |
| Net assets | £547k | −£548k | −£928k | −£1.4m |
| Fixed assets | £10.1m | £11.5m | £12m | £11.5m |
| Current assets | £1.2m | £1.2m | £1.1m | £1.6m |
| Debtors | £85.1k | £26.6k | £47k | £52.7k |
| Deferred income | £225k | £183k | £148k | £193k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −12%
- Profit ÷ revenue.
- Gross margin
- 33.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £44.6k
- Revenue ÷ average employees.
- Profit per employee
- −£5.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 268.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.2%
- 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
- —
- Now −£1.4m
- Cash at bank
- ▼58%
- Now £119k
- Headcount
- ▲9%
- Now 96
- Deferred income
- ▲30%
- Now £193k
- Fixed assets
- ▼5%
- Now £11.5m
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
- New Gem Holdings Limitedultimate parent75–100%
- Jastar Capital Limited75–100%
- Winchester Hotel and Spa Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Custom House City LimitedFigures not disclosed
- Empire Bankside LimitedFigures not disclosed
- Sherstar JV LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£513k), 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.