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Company No. SC195242 · Incorporated 14 Apr 1999

Buzzworks Inns Limited

Registered name: BUZZWORKS INNS LIMITED

Part of Alchemy Special Opportunities LLP group

Buzzworks 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.

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

Latest accounts · year to 30 Apr 2023

Key figures

Revenue
£10.3m
Growth ▲19.4%
Profit
−£751k
Growth ▼6831%
Profit margin
−7.3%
Gross 72.9%
Employees
222
Change ▲19.4%
Profit / employee
−£3.4k
Revenue/employee £46.3k
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to1 May 202230 Apr 2023
DisclosureFull P&Lread from filing textFull 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)186222
Ratios
Profit margin0.1%−7.3%
Gross margin74.1%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
SourceFullAccounts · bulk data Jan 2024FullAccounts · bulk data Jan 2024
Derived from the latest filing

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.
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
▼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.

Corporate ownership

Group structure

Ownership chain

  1. Alchemy Special Opportunities LLPultimate parent50–75%
  2. Volvic Topco Limited75–100%
  3. Volvic Midco 1 Limited75–100%
  4. Volvic Midco 2 Limited75–100%
  5. Volvic Bidco Limited75–100%
  6. Buzzworks Holdings Group Limited75–100%
  7. Buzzworks Holdings Limited75–100%
  8. Buzzworks Inns Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.