How much does Michels & Taylor Op-Co E Limited make?

Michels & Taylor Op-Co E Limited reported revenue of £6.2m and £0 profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Michels & Taylor Op-Co E Limited have?

Michels & Taylor Op-Co E Limited reported an average of 65 employees in the year to 31 Mar 2025.

Is Michels & Taylor Op-Co E Limited profitable?

Michels & Taylor Op-Co E Limited reported break-even results (zero profit) in the year to 31 Mar 2025.

Company No. 13735091 · Incorporated 10 Nov 2021

Michels & Taylor Op-Co E Limited

Registered name: MICHELS & TAYLOR OP-CO E LIMITED

Part of European Real Estate Investment Hospitality Topco Limited group

Michels & Taylor Op-Co E Limited made £6.2m revenue and £0 profit in the year to 31 Mar 2025.

Michels & Taylor Op-Co E Limited’s revenue fell 8% to £6.2m in the year to 31 Mar 2025, with £0 profit and 65 employees. The company is classified under “hotels and similar accommodation” and is based in Hemel Hempstead; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation

Status: Active
Location: Hemel Hempstead, South East
Age: 4 yrs · since 2021
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: “Michels & Taylor Midco Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£6.2m

Growth ▼7.7%

Profit

£0

Growth —

Profit margin

Gross 85.7%

Employees

Change ▼16.7%

Profit / employee

£0

Revenue/employee £95.2k

Profitable streak

0yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£5.6m	£6.7m	£6.2m
Cost of sales	£948k	£824k	£882k
Gross profit	£4.6m	£5.9m	£5.3m
Operating profit	—	£1.1m	£1m
Profit after tax	£0	£0	£0
Profit (best available)	£0	£0	£0
Staff costs	£2.3m	£2.2m	£2.2m
Employees (average)	94	78	65
Ratios
Profit margin	0%	0%	0%
Gross margin	83%	87.7%	85.7%
Revenue per employee	£59.4k	£85.9k	£95.2k
Profit per employee	£0	£0	£0
Growth (year on year)
Revenue growth	—	—	▼7.7%
Headcount growth	—	—	▼16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£534k	£136k	£262k
Net assets	£100	£100	£100
Current assets	£1.5m	£530k	£1.5m
Debtors	£282k	£165k	£144k
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: 85.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £95.2k; Revenue ÷ average employees.
Profit per employee: £0; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.3%; 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: 0%; Now £100
Cash at bank: ▲92%; Now £262k
Headcount: ▼17%; Now 65
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

European Real Estate Investment Hospitality Topco Limitedultimate parent75–100%
European Real Estate Investment Hospitality Mezzco Limited75–100%
European Real Estate Investment Hospitality Holdco Limited75–100%
European Real Estate Investment Hospitality Senior Limited75–100%
Lethendy Elstree Limited75–100%
Michels & Taylor Op-Co E Limitedthis company

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

Sister companies (1)

Elstree Hotel Opco LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £0), from the Companies House accounts bulk data published Dec 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.