Admiral Taverns Piccadilly Limited
Registered name: ADMIRAL TAVERNS PICCADILLY LIMITED
Part of Legal & General Group PLC groupAdmiral Taverns Piccadilly Limited made £52.3m revenue and a £3.4m loss in the year to 1 Jun 2025.
Admiral Taverns Piccadilly Limited’s revenue grew 41% to £52.3m in the year to 1 Jun 2025, with a loss of £3.4m and 0 employees. The company is classified under “public houses and bars” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 15 yrs · since 2010
- 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) | £33.2m | £37m | £52.3m |
| Cost of sales | £13.4m | £15.2m | £22.9m |
| Gross profit | £19.8m | £21.7m | £29.5m |
| Operating profit | £1.7m | £141k | −£3.8m |
| Profit before tax | −£8.5m | £217k | −£3.7m |
| Profit after tax | −£8m | £104k | −£3.4m |
| Profit (best available) | −£8m | £104k | −£3.4m |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −24.1% | 0.3% | −6.5% |
| Gross margin | 59.6% | 58.8% | 56.3% |
| Growth (year on year) | |||
| Revenue growth | — | ▲11.2% | ▲41.5% |
| Profit growth | — | — | ▼3378% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £88k | £164k | £303k |
| Net assets | £10.8m | £24.5m | £48.4m |
| Fixed assets | £143m | £160m | £181m |
| Current assets | £10.7m | £9.4m | £9.9m |
| Debtors | £870k | £854k | £935k |
| Deferred income | £4.4m | £3.6m | £3.8m |
| Source | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −6.5%
- Profit ÷ revenue.
- Gross margin
- 56.3%
- 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
- 346.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.8%
- 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
- ▲97%
- Now £48.4m
- Cash at bank
- ▲85%
- Now £303k
- Headcount
- —
- Now 0
- Deferred income
- ▲5%
- Now £3.8m
- Fixed assets
- ▲13%
- Now £181m
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 Piccadilly Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Pub Partnership Acquisitions LimitedRev. £13.6m · Profit £922k
Sister companies (7)
- Admiral Taverns LimitedRev. £67.6m · Profit −£1.6m
- Admiral Taverns (Chester) LimitedRev. £62.7m · Profit £608k
- 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).
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Sources
Latest figures from FullAccounts for the year to 1 Jun 2025 (profit −£3.4m), 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.