Lethendy Bolton Limited
Registered name: LETHENDY BOLTON LIMITED
Part of European Real Estate Investment Hospitality Topco Limited groupLethendy Bolton Limited made £3.9m revenue and a £1.8m loss in the year to 31 Dec 2024. read from filing text
Lethendy Bolton Limited’s revenue grew 3% to £3.9m in the year to 31 Dec 2024, with a loss of £1.8m and 2 employees. The company is classified under “hotels and similar accommodation” and is based in Aberdeen; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Aberdeen, Scotland
- Age
- 8 yrs · since 2018
- 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: “During the period and at the year end, the parent company is Lethendy Estates Limited. This is the largest group of undertakings for which group accounts are drawn up. The trustees of the MF Trust (a ”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £1.9m | £2.6m | £3.8m | £3.9m |
| Cost of sales | £191k | £358k | £245k | £204k |
| Gross profit | £1.7m | £2.3m | £3.6m | £3.7m |
| Operating profit | £1.1m | −£863k | −£480k | −£1.2m |
| Profit before tax | −£1.5m | −£1.2m | −£990k | −£1.8m |
| Profit after tax | −£1.5m | −£1.2m | −£990k | −£1.8m |
| Profit (best available) | −£1.5m | −£1.2m | −£990k | −£1.8m |
| Staff costs | £834k | £1.1m | £1.4m | £1.5m |
| Employees (average) | 58 | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | −76.2% | −45.9% | −25.9% | −45.6% |
| Gross margin | 90.1% | 86.3% | 93.6% | 94.8% |
| Revenue per employee | £33.2k | £1.3m | £1.9m | £2m |
| Profit per employee | −£25.3k | −£601k | −£495k | −£893k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲36.2% | ▲45.6% | ▲2.5% |
| Headcount growth | — | ▼96.5% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £455k | £0 | £175k | £0 |
| Net assets | −£3m | −£4.3m | −£5.2m | −£7m |
| Fixed assets | £8.8m | £9m | £8.2m | £6.5m |
| Current assets | £730k | £166k | £323k | £175k |
| Debtors | £35k | £49k | £45k | £28k |
| Deferred income | £311k | £149k | £164k | £142k |
| Source | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2024 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −45.6%
- Profit ÷ revenue.
- Gross margin
- 94.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2m
- Revenue ÷ average employees.
- Profit per employee
- −£893k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 167.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.7%
- 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
- —
- Now −£7m
- Cash at bank
- ▼100%
- Now £0
- Headcount
- 0%
- Now 2
- Deferred income
- ▼13%
- Now £142k
- Fixed assets
- ▼20%
- Now £6.5m
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
- 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 Bolton Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Michels & Taylor Op-Co B LimitedRev. £3.8m · Profit £0
- Bolton Hotel Opco LimitedFigures not disclosed
Sister companies (6)
- Lethendy Elstree LimitedRev. £6.2m · Profit −£1.8m
- Bolton Hotel Propco LimitedFigures not disclosed
- Elstree Hotel Propco LimitedFigures not disclosed
- Lethendy Stoke-on-Trent LimitedRev. — · Profit −£428k
- Silverstone Hotel Propco LimitedFigures not disclosed
- Stoke-on-Trent Hotel Propco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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- Profit
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- HHG NO2. LimitedBelfast · Hotels and similar accommodation
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- Profit
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- Dart Marina Hotel LimitedSouthampton · Hotels and similar accommodation
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- Profit
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- Callow Hall LimitedStamford · Hotels and similar accommodation
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- The Parkway Hotel and Spa LimitedCwmbran · Hotels and similar accommodation
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.8m), from the Companies House accounts bulk data published Sep 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.