Leonardo Hotel Management (UK) Limited
Registered name: LEONARDO HOTEL MANAGEMENT (UK) LIMITED
Leonardo Hotel Management (UK) Limited made £345m revenue and £50.6m profit in the year to 31 Dec 2024.
Leonardo Hotel Management (UK) Limited’s revenue grew 3% to £345m in the year to 31 Dec 2024, with £50.6m profit and 3,350 employees. The company is classified under “hotels and similar accommodation”; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- West Midlands
- Age
- 29 yrs · since 1997
- 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: “Rovil Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £337m | £345m |
| Cost of sales | £289m | £303m |
| Gross profit | £47.9m | £42.8m |
| Operating profit | £71.8m | £129m |
| Profit before tax | −£3.8m | £50.1m |
| Profit after tax | −£3.9m | £50.6m |
| Profit (best available) | −£3.9m | £50.6m |
| Staff costs | £90m | £96.4m |
| Employees (average) | 3,421 | 3,350 |
| Ratios | ||
| Profit margin | −1.1% | 14.7% |
| Gross margin | 14.2% | 12.4% |
| Revenue per employee | £98.4k | £103k |
| Profit per employee | −£1.1k | £15.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▲2.6% |
| Headcount growth | — | ▼2.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.4m | £1.7m |
| Net assets | −£165m | −£114m |
| Fixed assets | £1.4bn | £1.5bn |
| Current assets | £125m | £133m |
| Debtors | £9.8m | £11m |
| Deferred income | £40.5m | £41.9m |
| Source | FullAccounts · bulk data Mar 2026 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 14.7%
- Profit ÷ revenue.
- Gross margin
- 12.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £103k
- Revenue ÷ average employees.
- Profit per employee
- £15.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 427.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 12.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.2%
- 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 −£114m
- Cash at bank
- ▲23%
- Now £1.7m
- Headcount
- ▼2%
- Now 3,350
- Deferred income
- ▲3%
- Now £41.9m
- Fixed assets
- ▲9%
- Now £1.5bn
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Rocco Forte Hotels LimitedLondon · Hotels and similar accommodation
- Revenue
- £345m
- Profit
- £17.6m
- Staff
- 2,619
- Fuller Smith & Turner PLCLondon · Hotels and similar accommodation
- Revenue
- £398m
- Profit
- £21.2m
- Staff
- 5,491
- Young & Co's Brewery PLCWandsworth · Hotels and similar accommodation
- Revenue
- £508m
- Profit
- £28.1m
- Staff
- 7,536
- Britannia Hotels LimitedHale · Hotels and similar accommodation
- Revenue
- £161m
- Profit
- £20.3m
- Staff
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- The Station Hotel (Newcastle) LimitedNewcastle Upon Tyne · Hotels and similar accommodation
- Revenue
- £140m
- Profit
- £6.6m
- Staff
- 2,066
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £50.6m), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Updated from Companies House on 11 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.