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Company No. 01740869 · Incorporated 20 Jul 1983

The Parkway Hotel and Spa Limited

Registered name: THE PARKWAY HOTEL AND SPA LIMITED

Part of LQ Parkway Hotel & Spa Limited group

The Parkway Hotel and Spa Limited made £4m revenue and £296k profit in the year to 31 Dec 2024.

The Parkway Hotel and Spa Limited’s revenue fell 2% to £4m in the year to 31 Dec 2024, with £296k profit and 105 employees. The company is classified under “hotels and similar accommodation” and is based in Cwmbran; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation
Status
Active
Location
Cwmbran, Wales
Age
43 yrs · since 1983
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. From the filing: “Havana West Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue
£4m
Growth ▼2.1%
Profit
£296k
Growth ▼52.6%
Profit margin
7.4%
Gross 81.4%
Employees
105
Change 0%
Profit / employee
£2.8k
Revenue/employee £38.1k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£2.4m£3.8m£4.1m£4m
Cost of sales£420k£703k£731k£742k
Gross profit£2m£3.1m£3.4m£3.3m
Operating profit£429k£698k£623k£298k
Profit before tax£429k£698k£623k£298k
Profit after tax£356k£695k£624k£296k
Profit (best available)£356k£695k£624k£296k
Staff costs£1.2m£1.5m£1.6m£1.8m
Employees (average)83100105105
Ratios
Profit margin14.5%18.2%15.3%7.4%
Gross margin82.8%81.6%82.1%81.4%
Revenue per employee£29.5k£38.2k£38.9k£38.1k
Profit per employee£4.3k£6.9k£5.9k£2.8k
Growth (year on year)
Revenue growth—▲55.9%▲7%▼2.1%
Profit growth—▲95.4%▼10.2%▼52.6%
Headcount growth—▲20.5%▲5%0%
Balance sheet — indirect signals, not revenue
Cash at bank£68.6k£63.8k£167k£130k
Net assets£6.2m£6.9m£7.5m£7.8m
Fixed assets£4.7m£4.6m£4.5m£4.4m
Current assets£2.4m£3.2m£3.9m£4.3m
Debtors£29k£44.9k£6.6k£13.2k
Deferred income£287k£238k£248k£248k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Aug 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
7.4%
Profit ÷ revenue.
Gross margin
81.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£38.1k
Revenue ÷ average employees.
Profit per employee
£2.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
109.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
6.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.3%
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
▲4%
Now £7.8m
Cash at bank
▼22%
Now £130k
Headcount
0%
Now 105
Deferred income
▲0%
Now £248k
Fixed assets
▼2%
Now £4.4m

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. LQ Parkway Hotel & Spa Limitedultimate parent75–100%
  2. The Parkway Hotel and Spa Limitedthis company

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

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 31 Dec 2024 (profit £296k), from the Companies House accounts bulk data published Sep 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.