Buzzworks Inns Limited
Registered name: BUZZWORKS INNS LIMITED
Part of Alchemy Special Opportunities LLP groupBuzzworks Inns Limited made £10.3m revenue and a £751k loss in the year to 30 Apr 2023. read from filing text
Buzzworks Inns Limited’s revenue grew 19% to £10.3m in the year to 30 Apr 2023, with a loss of £751k and 222 employees. The company is classified under “hotels and similar accommodation” and is based in Kilmarnock; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Kilmarnock, Scotland
- Age
- 27 yrs · since 1999
- 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 | 1 May 2022 | 30 Apr 2023 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £8.6m | £10.3m |
| Cost of sales | £2.2m | £2.8m |
| Gross profit | £6.4m | £7.5m |
| Profit before tax | −£74k | −£796k |
| Profit after tax | £11.2k | −£751k |
| Profit (best available) | £11.2k | −£751k |
| Employees (average) | 186 | 222 |
| Ratios | ||
| Profit margin | 0.1% | −7.3% |
| Gross margin | 74.1% | 72.9% |
| Revenue per employee | £46.3k | £46.3k |
| Profit per employee | £60 | −£3.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▲19.4% |
| Profit growth | — | ▼6831% |
| Headcount growth | — | ▲19.4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £258k | £330k |
| Net assets | £2.3m | £1.7m |
| Fixed assets | £10.5m | £11.5m |
| Debtors | £1.6k | £0 |
| Deferred income | £194k | £715k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 |
How the business works
- Profit margin
- −7.3%
- Profit ÷ revenue.
- Gross margin
- 72.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £46.3k
- Revenue ÷ average employees.
- Profit per employee
- −£3.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 111.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼24%
- Now £1.7m
- Cash at bank
- ▲28%
- Now £330k
- Headcount
- ▲19%
- Now 222
- Deferred income
- ▲268%
- Now £715k
- Fixed assets
- ▲10%
- 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
- Alchemy Special Opportunities LLPultimate parent50–75%
- Volvic Topco Limited75–100%
- Volvic Midco 1 Limited75–100%
- Volvic Midco 2 Limited75–100%
- Volvic Bidco Limited75–100%
- Buzzworks Holdings Group Limited75–100%
- Buzzworks Holdings Limited75–100%
- Buzzworks Inns Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Buzzworks Hospitality LimitedRev. £18.6m · Profit £304k
From the Persons with Significant Control register (corporate controllers only).
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- Profit
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- Staff
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- Profit
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2023 (profit −£751k), from the Companies House accounts bulk data published Jan 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.