{"name":"BURGH ISLAND LIMITED","company_number":"04219765","status":"Active","type":"Private Limited Company","incorporated":"2001-05-18","dissolved":null,"registered_office":"10 Canberra House Corbygate Business Park, Corby, Northamptonshire, England, NN17 5JG","postcode":"NN17 5JG","sic_codes":[{"code":55100,"description":"Hotels and similar accommodation"},{"code":56302,"description":"Public houses and bars"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Medium","year_end":"31 March","last_made_up_to":"2024-09-30","next_due":"2026-12-31"},"employees":{"count":76,"accounts_date":"2024-09-30"},"financials":[{"financial_date":"2024-09-30","turnover":6135596,"profit_loss":-22264,"net_assets":7761655,"cash":863824,"average_employees":76},{"financial_date":"2023-09-30","turnover":6136205,"profit_loss":373419,"net_assets":7691973,"cash":830118,"average_employees":74},{"financial_date":"2022-09-30","turnover":6138426,"net_assets":5509000,"cash":1179709},{"financial_date":"2021-09-30","turnover":3801787,"net_assets":4781581,"cash":966925},{"financial_date":"2020-09-30","turnover":3471190,"net_assets":6709793,"cash":1159180}],"officers":{"current":4,"resigned":7,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":4,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Burgh Island Limited operates a uniquely positioned heritage luxury hotel asset that commands genuine scarcity value and strong demand, evidenced by consistent £6.1m turnover and high occupancy. However, the dramatic collapse in pre-tax profit from £403,164 to £45,421 (an 89% decline) despite flat revenue reveals severe margin compression driven by rising overheads, higher finance costs following a bank refinancing, and substantial capital investment – producing a net margin of just 0.74% that falls well below the 8-15% industry norm for luxury boutique hotels. The strategic decision to retain and invest in the property rather than sell is sound for long-term asset value creation, but in the near term, the business must urgently address its cost structure and pricing strategy to restore margins to sustainable levels, particularly given the ongoing headwinds of hospitality sector inflation and elevated borrowing costs.","website":"http://www.burghisland.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/burgh-island","people":"https://www.companiesintheuk.co.uk/company/burgh-island/people","filing_history":"https://www.companiesintheuk.co.uk/company/burgh-island/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04219765","financials":"https://www.companiesintheuk.co.uk/company/burgh-island/financial","control":"https://www.companiesintheuk.co.uk/company/burgh-island/control","charges":"https://www.companiesintheuk.co.uk/company/burgh-island/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/burgh-island/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/burgh-island"}