London Bridge Hotels Limited
Registered name: LONDON BRIDGE HOTELS LIMITED
Part of London Bridge Ivason Ltd groupLondon Bridge Hotels Limited made £8.3m revenue and £2.9m profit in the year to 31 Dec 2024.
London Bridge Hotels Limited’s revenue grew 14% to £8.3m in the year to 31 Dec 2024, with £2.9m profit and 73 employees. The company is classified under “hotels and similar accommodation”; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 30 yrs · since 1996
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £6.3m | £7.3m | £8.3m |
| Cost of sales | £2.8m | £3.2m | £1.9m |
| Gross profit | £3.6m | £5.7m | £6.4m |
| Operating profit | £2m | £1.8m | £6.3m |
| Profit before tax | £1.6m | £266k | £4.2m |
| Profit after tax | £1.5m | £182k | £2.9m |
| Profit (best available) | £1.5m | £182k | £2.9m |
| Staff costs | £1.9m | £2.1m | £2.5m |
| Employees (average) | 59 | 69 | 73 |
| Ratios | |||
| Profit margin | 23.9% | 2.5% | 35.2% |
| Gross margin | 56.1% | 77.5% | 76.8% |
| Revenue per employee | £107k | £106k | £114k |
| Profit per employee | £25.7k | £2.6k | £40.1k |
| Cash conversion | −137.1% | −79.7% | −8.7% |
| Growth (year on year) | |||
| Revenue growth | — | ▲15.3% | ▲13.9% |
| Profit growth | — | ▼88% | ▲1505% |
| Headcount growth | — | ▲17% | ▲5.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £895k | £259k | £343k |
| Net assets | £34.6m | £34.8m | £37.7m |
| Fixed assets | £75.6m | £76.4m | £81m |
| Current assets | £2.1m | £994k | £1.5m |
| Debtors | £198k | £205k | £384k |
| Deferred income | £886k | £909k | £857k |
| Cash from operations | −£2.7m | −£1.4m | −£547k |
| Source | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 35.2%
- Profit ÷ revenue.
- Gross margin
- 76.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £114k
- Revenue ÷ average employees.
- Profit per employee
- £40.1k
- Profit ÷ average employees.
- Cash conversion
- −8.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 972.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 10.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.6%
- 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
- ▲8%
- Now £37.7m
- Cash at bank
- ▲32%
- Now £343k
- Headcount
- ▲6%
- Now 73
- Deferred income
- ▼6%
- Now £857k
- Fixed assets
- ▲6%
- Now £81m
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
- London Bridge Ivason Ltdultimate parent75–100%
- London Bridge Hotels Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Ivason House LtdFigures 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 Dec 2024 (profit £2.9m), from the Companies House accounts bulk data published Nov 2025. 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.