How much does Samuel Solley (Hotels) Limited make?

Samuel Solley (Hotels) Limited reported revenue of £8.9m and £333k profit in the year to 30 Apr 2024, according to its accounts filed at Companies House.

How many employees does Samuel Solley (Hotels) Limited have?

Samuel Solley (Hotels) Limited reported an average of 220 employees in the year to 30 Apr 2024.

Is Samuel Solley (Hotels) Limited profitable?

Yes — Samuel Solley (Hotels) Limited reported a profit of £333k in the year to 30 Apr 2024.

Company No. SC048634 · Incorporated 28 Apr 1971

Samuel Solley (Hotels) Limited

Registered name: SAMUEL SOLLEY (HOTELS) LIMITED

Samuel Solley (Hotels) Limited made £8.9m revenue and £333k profit in the year to 30 Apr 2024.

Samuel Solley (Hotels) Limited’s revenue grew 11% to £8.9m in the year to 30 Apr 2024, with £333k profit and 220 employees. The company is classified under “hotels and similar accommodation” and is based in Glasgow; we hold 3 years of its filed accounts.

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

Status: Liquidation
Location: Glasgow, Scotland
Age: 55 yrs · since 1971
Type: Private Limited Company

Latest accounts · year to 30 Apr 2024

Key figures

IndependentOperating leverageCash flow filed

Revenue

£8.9m

Growth ▲11.4%

Profit

£333k

Growth ▲94.6%

Profit margin

3.7%

Gross 80.1%

Employees

220

Change ▲1.8%

Profit / employee

£1.5k

Revenue/employee £40.5k

Profitable streak

3yrs

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	30 Apr 2022	30 Apr 2023	30 Apr 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.6m	£8m	£8.9m
Cost of sales	£1.3m	£1.7m	£1.8m
Gross profit	£5.3m	£6.3m	£7.1m
Operating profit	£619k	£285k	£436k
Profit before tax	£612k	£296k	£504k
Profit after tax	£469k	£171k	£333k
Profit (best available)	£469k	£171k	£333k
Staff costs	£3.5m	£3.9m	£4.2m
Employees (average)	205	216	220
Ratios
Profit margin	7.1%	2.1%	3.7%
Gross margin	80%	79.2%	80.1%
Revenue per employee	£32.3k	£37k	£40.5k
Profit per employee	£2.3k	£793	£1.5k
Cash conversion	−207.9%	−215.9%	−150.7%
Growth (year on year)
Revenue growth	—	▲20.7%	▲11.4%
Profit growth	—	▼63.5%	▲94.6%
Headcount growth	—	▲5.4%	▲1.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.6m	£1.4m	£1.9m
Net assets	£5.6m	£5.7m	£5.9m
Fixed assets	£5.5m	£5.3m	£5.1m
Current assets	£2.1m	£1.8m	£2.4m
Debtors	£29.3k	£27.6k	£43.2k
Cash from operations	−£1.3m	−£616k	−£657k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 3.7%; Profit ÷ revenue.
Gross margin: 80.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £40.5k; Revenue ÷ average employees.
Profit per employee: £1.5k; Profit ÷ average employees.
Cash conversion: −150.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 57.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.5%; 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: ▲4%; Now £5.9m
Cash at bank: ▲36%; Now £1.9m
Headcount: ▲2%; Now 220
Deferred income: —; Now —
Fixed assets: ▼3%; Now £5.1m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2024 (profit £333k), from the Companies House accounts bulk data published Sep 2024. 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.