The hospitality group behind some of the region’s top hotels has seen revenue grow after making multi-million pound leisure investments – with more set to come.
Revenue growth and new facilities
Ramside Estates operates Ramside Hall Hotel and Golf Club, Hardwick Hall, Bowburn Hall, The Fed and bars in Newcastle and Sedgefield, including The WonderBar and Colonel Porters in Newcastle city centre. Recent years has seen the company draw in guests with new additions across its portfolio.
New features include additional treehouses within the grounds of Ramside Hall, the creation of a second golf course, and a busy calendar of music festivals and conference events at its sister venue Hardwick Hall. Now the business has published its accounts for the year ended November 2025, highlighting a raft of leisure additions.
Revenues rose to £37.4m – up by £300,000 on the previous year – while gross profit stood at £30.64m, up from £30.27m. Operating profit dropped from £2.44m to £1.88m, and pre-tax profit fell to £2.05m from £2.6m, a figure the firm said was primarily driven by higher golf course costs associated with new drainage and maintenance works.
The Pin leisure facility and future plans
The directors noted how the latest additions include the new leisure facility at Ramside Golf Club called The Pin, which it said “represents a strategic diversification of the group’s leisure offering”. The Pin includes a six-lane bowling alley, electronic pub games, a sports bar serving food, a new golf shop and function room.
It also boasts a 43-bay, two-floor Toptracer driving range – which includes a private VIP room – a new golf academy with a short-game practice area and a coaching centre.
Director John Adamson said in the accounts: “This development had a total construction cost of £9.3m. Simultaneously, the company is undertaking a £1.5m upgrade of the Cathedral golf course, aimed at enhancing its quality and long-term appeal.”
To support the golf development, a new £2m loan facility was secured during the year, bringing total borrowings for the project to £4m. Elsewhere in the accounts, Mr Adamson noted that while wage inflation impacted profits by approximately £1m, “proactive management reviews of both cost and revenue areas enabled the company to maintain overall profitability”.
He added: “The company delivered a healthy financial performance during the year, with revenues increasing to £37.4m, representing an increase of £0.3m compared with the previous year. This growth was primarily driven by improvements in room rates and food and beverage income.
“Continued investment across the estate has remained a core strategic focus, ensuring the business meets evolving customer expectations and maintains competitiveness within the hospitality sector. The directors remain confident in the business’ long-term prospects. The completion of the Golf Entertainment Centre and Cathedral course upgrades will enhance the company’s leisure offering, supporting customer acquisition and retention.
“In addition, plans are progressing for further strategic investment at Hardwick Hall Hotel, which is expected to form a major part of the company’s next phase of expansion.”
