NO.26 the Sea Limited
Registered name: NO.26 THE SEA LIMITED
Part of Sloan Wells Holdings Limited groupNO.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.
- 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”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 7 | 7 | 7 | 7 |
| Ratios | ||||
| Profit margin | −2.1% | −18.1% | 26.1% | 10.8% |
| Gross margin | 82.5% | 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 |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Sep 2026 |
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.
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
Group structure
Ownership chain
- Sloan Wells Holdings Limitedultimate parent75–100%
- Ancho's Restaurants Limited75–100%
- NO.26 the Sea Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Anchos Property 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 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.