How much does Lethendy Bolton Limited make?

Lethendy Bolton Limited reported revenue of £3.9m and a loss of £1.8m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Lethendy Bolton Limited have?

Lethendy Bolton Limited reported an average of 2 employees in the year to 31 Dec 2024.

Is Lethendy Bolton Limited profitable?

No — Lethendy Bolton Limited reported a loss of £1.8m in the year to 31 Dec 2024.

Company No. SC596630 · Incorporated 9 May 2018

Lethendy Bolton Limited

Registered name: LETHENDY BOLTON LIMITED

Part of European Real Estate Investment Hospitality Topco Limited group

Lethendy Bolton Limited made £3.9m revenue and a £1.8m loss in the year to 31 Dec 2024. read from filing text

Lethendy Bolton Limited’s revenue grew 3% to £3.9m in the year to 31 Dec 2024, with a loss of £1.8m and 2 employees. The company is classified under “hotels and similar accommodation” and is based in Aberdeen; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation

Status: Active
Location: Aberdeen, Scotland
Age: 8 yrs · since 2018
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: “During the period and at the year end, the parent company is Lethendy Estates Limited. This is the largest group of undertakings for which group accounts are drawn up. The trustees of the MF Trust (a ”

Latest accounts · year to 31 Dec 2024

Key figures

Small team

Revenue

£3.9m

Growth ▲2.5%

Profit

−£1.8m

Growth —

Profit margin

−45.6%

Gross 94.8%

Employees

Change 0%

Profit / employee

−£893k

Revenue/employee £2m

Profitable streak

0yrs

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 to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£1.9m	£2.6m	£3.8m	£3.9m
Cost of sales	£191k	£358k	£245k	£204k
Gross profit	£1.7m	£2.3m	£3.6m	£3.7m
Operating profit	£1.1m	−£863k	−£480k	−£1.2m
Profit before tax	−£1.5m	−£1.2m	−£990k	−£1.8m
Profit after tax	−£1.5m	−£1.2m	−£990k	−£1.8m
Profit (best available)	−£1.5m	−£1.2m	−£990k	−£1.8m
Staff costs	£834k	£1.1m	£1.4m	£1.5m
Employees (average)	58	2	2	2
Ratios
Profit margin	−76.2%	−45.9%	−25.9%	−45.6%
Gross margin	90.1%	86.3%	93.6%	94.8%
Revenue per employee	£33.2k	£1.3m	£1.9m	£2m
Profit per employee	−£25.3k	−£601k	−£495k	−£893k
Growth (year on year)
Revenue growth	—	▲36.2%	▲45.6%	▲2.5%
Headcount growth	—	▼96.5%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£455k	£0	£175k	£0
Net assets	−£3m	−£4.3m	−£5.2m	−£7m
Fixed assets	£8.8m	£9m	£8.2m	£6.5m
Current assets	£730k	£166k	£323k	£175k
Debtors	£35k	£49k	£45k	£28k
Deferred income	£311k	£149k	£164k	£142k
Source	Accounts · bulk data Nov 2024	Accounts · bulk data Nov 2024	Accounts · bulk data Nov 2024	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −45.6%; Profit ÷ revenue.
Gross margin: 94.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2m; Revenue ÷ average employees.
Profit per employee: −£893k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 167.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.7%; 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: —; Now −£7m
Cash at bank: ▼100%; Now £0
Headcount: 0%; Now 2
Deferred income: ▼13%; Now £142k
Fixed assets: ▼20%; Now £6.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

European Real Estate Investment Hospitality Topco Limitedultimate parent75–100%
European Real Estate Investment Hospitality Mezzco Limited75–100%
European Real Estate Investment Hospitality Holdco Limited75–100%
European Real Estate Investment Hospitality Senior Limited75–100%
Lethendy Bolton Limitedthis company

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

Subsidiaries (2)

Michels & Taylor Op-Co B LimitedRev. £3.8m · Profit £0
Bolton Hotel Opco LimitedFigures not disclosed

Sister companies (6)

Lethendy Elstree LimitedRev. £6.2m · Profit −£1.8m
Bolton Hotel Propco LimitedFigures not disclosed
Elstree Hotel Propco LimitedFigures not disclosed
Lethendy Stoke-on-Trent LimitedRev. — · Profit −£428k
Silverstone Hotel Propco LimitedFigures not disclosed
Stoke-on-Trent Hotel Propco LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.8m), 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.