Michels Ventures 2 Limited
Active10798692HospitalityIncorporated 1 Jun 2017 · London
principal activity of the company during the period was the ownership of RSM Leisure Limited, which in turn owns two hotels through its subsidiaries (The Lea Marston Hotel and Leisure Complex and The Abbey Hotel Golf and Country Club). The consolidated group financial statements include the RSM Leisure Limited group.
Revenue
£11.5m
▼ -0.3% vs prior ~12m period
Profit after tax
-£347k
Margin 9.2%
Employees
258
– 0.0% vs prior ~12m period
Net assets
-£3.4m
Total assets £16.2m
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
Dec 2019
£10.7m
Dec 2020
£4.4m▼ -59.1%
Dec 2021
£7.7m▲ +75.9%
Dec 2022
£10.7m▲ +38.8%
Dec 2023
£11.5m▲ +7.9%
Dec 2024
£11.5m▼ -0.3%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £11.5m | ▼ -0.3% | -£3k | 258 | -£3.4m |
| 31 Dec 2023 | £11.5m | ▲ +7.9% | -£258k | 258 | -£3.0m |
| 31 Dec 2022 | £10.7m | ▲ +38.8% | -£292k | 252 | -£2.7m |
| 31 Dec 2021 | £7.7m | ▲ +75.9% | -£868k | 207 | -£2.6m |
| 31 Dec 2020 | £4.4m | ▼ -59.1% | -£1.6m | 150 | -£1.7m |
| 31 Dec 2019 | £10.7m | — | £30k | — | -£239k |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £11.5m
- Gross profit
- £10.3m
- Operating profit
- £1.1m
- Profit before tax
- -£3k
- Profit after tax
- -£347k
Balance sheet
- Total assets
- £16.2m
- Cash
- £877k
- Total liabilities
- £19.6m
- Net assets
- -£3.4m
- Revenue per employee
- £44k
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