Michels & Taylor Op-Co S Limited
Registered name: MICHELS & TAYLOR OP-CO S LIMITED
Part of European Real Estate Investment Hospitality Topco Limited groupMichels & Taylor Op-Co S Limited made £8m revenue and £1 profit in the year to 31 Mar 2025.
Michels & Taylor Op-Co S Limited’s revenue fell 6% to £8m in the year to 31 Mar 2025, with £1 profit and 105 employees. The company is classified under “hotels and similar accommodation” and is based in Hemel Hempstead; we hold 3 years of its filed accounts.
- 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”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £7.2m | £8.5m | £8m |
| Cost of sales | — | £3.6m | £1.4m |
| Gross profit | — | £4.9m | £6.6m |
| Operating profit | — | £456k | £936k |
| Profit before tax | — | — | £1 |
| Profit after tax | £0 | £0 | £1 |
| Profit (best available) | £0 | £0 | £1 |
| Staff costs | £2.4m | £2.2m | — |
| Employees (average) | 117 | 113 | 105 |
| Ratios | |||
| Profit margin | 0% | 0% | 0% |
| Gross margin | — | 57.7% | 82.2% |
| Revenue per employee | £61.8k | £75k | £76.1k |
| Profit per employee | £0 | £0 | £0 |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼5.6% |
| Headcount growth | — | — | ▼7.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £511k | £168k | £300k |
| Net assets | £100 | £100 | £101 |
| Current assets | £996k | £1.1m | £1.3m |
| Debtors | £202k | £321k | £112k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 82.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £76.1k
- 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
- 1.4%
- 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
- ▲1%
- Now £101
- Cash at bank
- ▲78%
- Now £300k
- Headcount
- ▼7%
- Now 105
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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 Stoke-on-Trent Limited75–100%
- Michels & Taylor Op-Co S Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Stoke-on-Trent Hotel Opco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1), 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.