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Company No. SC640525 · Incorporated 3 Sep 2019

NO.26 the Sea Limited

Registered name: NO.26 THE SEA LIMITED

Part of Sloan Wells Holdings Limited group

NO.26 the Sea Limited made £541k revenue and £58.3k profit in the year to 31 Mar 2026.

NO.26 the Sea Limited’s revenue fell 3% to £541k in the year to 31 Mar 2026, with £58.3k profit and 7 employees. The company is classified under “hotels and similar accommodation” and is based in Oban; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation
Status
Active
Location
Oban, Scotland
Age
7 yrs · since 2019
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: “Anchos Restaurants Ltd”

Latest accounts · year to 31 Mar 2026

Key figures

Small teamCapital-light
Revenue
£541k
Growth ▼3.2%
Profit
£58.3k
Growth ▼60.1%
Profit margin
10.8%
Gross 86.7%
Employees
7
Change 0%
Profit / employee
£8.3k
Revenue/employee £77.3k
Profitable streak
2yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Sep 202231 Mar 202431 Mar 202531 Mar 2026
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£404k£535k£559k£541k
Cost of sales£70.9k£97.9k£77.5k£71.8k
Gross profit£333k£437k£481k£469k
Operating profit——£158k£80.2k
Profit before tax−£8.6k−£96.6k£155k£78.5k
Profit after tax−£8.6k−£97k£146k£58.3k
Profit (best available)−£8.6k−£97k£146k£58.3k
Employees (average)7777
Ratios
Profit margin−2.1%−18.1%26.1%10.8%
Gross margin82.5%81.7%86.1%86.7%
Revenue per employee£57.7k£76.4k£79.8k£77.3k
Profit per employee−£1.2k−£13.9k£20.8k£8.3k
Growth (year on year)
Revenue growth———▼3.2%
Profit growth———▼60.1%
Headcount growth———0%
Balance sheet — indirect signals, not revenue
Cash at bank£180k£14.5k£117k£27.5k
Net assets£80.8k−£16.1k£96.6k£124k
Fixed assets—£14.9k£11.9k£9.5k
Current assets£197k£39.4k£154k£155k
Debtors£250£1.9k£1.9k£1.9k
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data Aug 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
10.8%
Profit ÷ revenue.
Gross margin
86.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£77.3k
Revenue ÷ average employees.
Profit per employee
£8.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.4%
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
▲28%
Now £124k
Cash at bank
▼76%
Now £27.5k
Headcount
0%
Now 7
Deferred income
—
Now —
Fixed assets
▼20%
Now £9.5k
Corporate ownership

Group structure

Ownership chain

  1. Sloan Wells Holdings Limitedultimate parent75–100%
  2. Ancho's Restaurants Limited75–100%
  3. NO.26 the Sea Limitedthis company

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

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £58.3k), 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.