NO.17 the Promenade Limited
Registered name: NO.17 THE PROMENADE LIMITED
Part of Sloan Wells Holdings Limited groupNO.17 the Promenade Limited made £1.4m revenue and £169k profit in the year to 31 Mar 2026.
NO.17 the Promenade Limited’s revenue grew 4% to £1.4m in the year to 31 Mar 2026, with £169k profit and 7 employees. The company is classified under “hotels and similar accommodation” and is based in Oban; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Oban, Scotland
- Age
- 5 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: “Sloan Wells Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £25.6k | £909k | £788k | £1.3m | £1.4m |
| Cost of sales | £4.5k | £184k | £176k | £241k | £242k |
| Gross profit | £21.1k | £725k | £612k | £1.1m | £1.1m |
| Operating profit | — | — | — | £376k | £231k |
| Profit before tax | −£189k | £92.5k | −£36.6k | £376k | £231k |
| Profit after tax | −£189k | £92.5k | −£36.6k | £316k | £169k |
| Profit (best available) | −£189k | £92.5k | −£36.6k | £316k | £169k |
| Employees (average) | 7 | 7 | 7 | 7 | 7 |
| Ratios | |||||
| Profit margin | −736.8% | 10.2% | −4.7% | 23.8% | 12.2% |
| Gross margin | 82.4% | 79.7% | 77.6% | 81.9% | 82.5% |
| Revenue per employee | £3.7k | £130k | £113k | £190k | £198k |
| Profit per employee | −£27k | £13.2k | −£5.2k | £45.2k | £24.2k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲3447% | — | — | ▲4.2% |
| Profit growth | — | — | — | — | ▼46.5% |
| Headcount growth | — | 0% | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £14.1k | £249k | £136k | £439k | £304k |
| Net assets | −£189k | −£96.3k | −£133k | £183k | £353k |
| Fixed assets | £721k | £613k | £521k | £459k | £390k |
| Current assets | £109k | £249k | £136k | £439k | — |
| Debtors | £95k | £85 | £181 | — | — |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 12.2%
- Profit ÷ revenue.
- Gross margin
- 82.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £198k
- Revenue ÷ average employees.
- Profit per employee
- £24.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 28.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲92%
- Now £353k
- Cash at bank
- ▼31%
- Now £304k
- Headcount
- 0%
- Now 7
- Deferred income
- —
- Now —
- Fixed assets
- ▼15%
- Now £390k
Group structure
Ownership chain
- Sloan Wells Holdings Limitedultimate parent75–100%
- NO.17 the Promenade Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Ancho's Restaurants LimitedRev. £2.1m · Profit £289k
- The Fishouse (Oban) LimitedRev. £1.3m · Profit £33.9k
- Lochavullin Commercial LimitedRev. £27k · Profit £20.8k
- PV Properties Oban LimitedRev. £3k · Profit −£11.6k
- Altavona House LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- City London Hotel LimitedLondon · Hotels and similar accommodation
- Revenue
- £1.3m
- Profit
- £156k
- Staff
- 9
- Oxford Thames LimitedChester · Hotels and similar accommodation
- Revenue
- £1.5m
- Profit
- £1.4m
- Staff
- 0
- Devoncourt Hotels LimitedExmouth · Hotels and similar accommodation
- Revenue
- £1.5m
- Profit
- £117k
- Staff
- 36
- FS London Management LimitedLondon · Hotels and similar accommodation
- Revenue
- £1.3m
- Profit
- £129k
- Staff
- 3
- Berkeley Adam LimitedNewport · Hotels and similar accommodation
- Revenue
- £1.6m
- Profit
- £606k
- Staff
- 0
- Holland House Hotels (Cardiff No 2) LimitedLondon · Hotels and similar accommodation
- Revenue
- £1.6m
- Profit
- £470k
- Staff
- 0
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £169k), from the Companies House accounts bulk data published Aug 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.