Admiral Taverns Limited
Registered name: ADMIRAL TAVERNS LIMITED
Part of Legal & General Group PLC groupAdmiral Taverns Limited made £67.6m revenue and a £1.6m loss in the year to 1 Jun 2025.
Admiral Taverns Limited’s revenue grew 41% to £67.6m in the year to 1 Jun 2025, with a loss of £1.6m and 0 employees. The company is classified under “licensed restaurants” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 21 yrs · since 2005
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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: “Admiral Taverns Bidco Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 May 2023 | 26 May 2024 | 1 Jun 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £46.1m | £48m | £67.6m |
| Cost of sales | £17.9m | £18.5m | £27.1m |
| Gross profit | £28.2m | £29.6m | £40.5m |
| Operating profit | £5.9m | £331k | −£2.3m |
| Profit before tax | −£569k | £577k | −£2.2m |
| Profit after tax | −£1.8m | £272k | −£1.6m |
| Profit (best available) | −£1.8m | £272k | −£1.6m |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −4% | 0.6% | −2.3% |
| Gross margin | 61.1% | 61.6% | 59.9% |
| Growth (year on year) | |||
| Revenue growth | — | ▲4.2% | ▲40.8% |
| Profit growth | — | — | ▼674.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £45k | £88k | £290k |
| Net assets | £153m | £167m | £220m |
| Fixed assets | £187m | £204m | £339m |
| Current assets | £57.7m | £10.6m | £13.7m |
| Debtors | £1.3m | £1.2m | £2.2m |
| Deferred income | £4.9m | £4.7m | £6.1m |
| Source | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −2.3%
- Profit ÷ revenue.
- Gross margin
- 59.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 500.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.2%
- 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
- ▲32%
- Now £220m
- Cash at bank
- ▲230%
- Now £290k
- Headcount
- —
- Now 0
- Deferred income
- ▲30%
- Now £6.1m
- Fixed assets
- ▲66%
- Now £339m
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
- Legal & General Group PLCultimate parent75–100%
- PSSF Brady Holdco (UK) Limited75–100%
- Brady P&C Limited75–100%
- At Brady Holdings Limited75–100%
- At Brady Bidco Limited75–100%
- Admiral Taverns Bidco Limited75–100%
- Admiral Taverns Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (7)
- Admiral Taverns (Chester) LimitedRev. £62.7m · Profit £608k
- Admiral Taverns Piccadilly LimitedRev. £52.3m · Profit −£3.4m
- Admiral Taverns (Portfolio No 2) LimitedRev. £171k · Profit −£7k
- Admiral Taverns (Relax) LimitedRev. £132k · Profit −£31k
- Admiral Taverns (Harmony) LimitedRev. — · Profit £2.8m
- Admiral Taverns (Max) LimitedRev. — · Profit £112k
- Admiral Taverns Nevada Properties LimitedRev. — · Profit £0
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Searcy Tansley and Company LimitedReading · Licensed restaurants
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- J.M.C. Restaurants LimitedLisburn · Licensed restaurants
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- Profit
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- Staff
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- Permanently Unique Group LimitedManchester · Licensed restaurants
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 1 Jun 2025 (profit −£1.6m), from the Companies House accounts bulk data published Feb 2026. 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.