MACTAGGART HOTEL HOLDINGS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-18 (in 6mo)
Last made up 2025-11-04
Watchouts
None on the register
Cash
£7M
+9.7% vs 2023
Net assets
£66M
+11.4% vs 2023
Employees
223
-9.3% vs 2023
Profit before tax
£4M
+179.5% vs 2023
Name history
Renamed 1 time since incorporation
- MACTAGGART HOTEL HOLDINGS LIMITED 2017-09-26 → present
- NADLER HOLDINGS LIMITED 2015-09-03 → 2017-09-26
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £32,152,000 | £33,820,000 | |
| Operating profit | -£858,000 | £8,790,000 | |
| Profit before tax | -£4,927,000 | £3,919,000 | |
| Net profit | -£5,545,000 | £3,528,000 | |
| Cash | £6,802,000 | £7,465,000 | |
| Total assets less current liabilities | £131,793,000 | £139,601,000 | |
| Net assets | £59,356,000 | £66,131,000 | |
| Equity | £59,356,000 | £66,131,000 | |
| Average employees | 246 | 223 | |
| Wages | £7,164,000 | £7,525,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -2.7% | 26.0% | |
| Net margin | -17.2% | 10.4% | |
| Return on capital employed | -0.7% | 6.3% | |
| Gearing (liabilities / total assets) | 64.4% | 62.0% | |
| Current ratio | 0.70x | 0.72x | |
| Interest cover | -0.18x | 1.67x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- HaysMac LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the directors are confident that the Group will have sufficient funds to continue to meet its liabilities as they fall due for a period of 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Group structure
- MACTAGGART HOTEL HOLDINGS LIMITED · parent
- Base2Stay Developments Limited 96.48%
- Resident Hotels Limited 53.58%
- The Resident Covent Garden Holdings Limited 61.8%
- The Resident Covent Garden Limited 61.8%
- The Resident Farringdon Holdings Limited 100%
- The Resident Farringdon Limited 100%
- The Resident Kensington Holdings Limited 79.8%
- The Resident Kensington Limited 79.8%
- The Resident Liverpool LLP 71.3%
- The Resident Soho Holdings Limited 77.6%
- The Resident Soho Limited 77.6%
- Western Heritable Investment Company Limited 100%
- Sleeperz Hotels Limited 60.43%
- Sleeperz Limited 60.43%
- Sleeperz Cambridge Limited 60.43%
- Sleeperz Cardiff Limited 60.43%
- Sleeperz Dundee Limited 60.43%
- Sleeperz Glasgow Limited 60.43%
- Sleeperz Manchester Limited 60.43%
- Sleeperz Newcastle Limited 60.43%
- CityRoomz Edinburgh Limited 60.43%
Significant events
- “In September 2024 the Sleeperz subsidiaries entered into a long-term franchise agreement with another hotel group to rebrand the Sleeperz hotels. The process to rebrand should be completed during 2025.”
- “The intangible fixed asset relating to the Sleeperz brand has been fully impaired by £947k during the year, resulting in a net book value of £NIL as at 31 December 2024.”
- “Subsequent to the balance sheet date, the Group also agreed the disposal of its entire shareholding in The Resident Kensington Holdings Limited for total consideration of £14.5m. The transaction was exchanged on 12 June 2025 and shall complete on 30 September 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CANE, William John | Secretary | 2017-08-31 | — | — |
| CLARKE, Rupert James | Director | 2016-01-01 | Apr 1958 | British |
| FREUND, Hugh James | Director | 2016-01-01 | Feb 1945 | American |
| LAXTON, William Karl David | Director | 2017-05-16 | Jun 1983 | British |
| LEFKOWITZ, Michael | Director | 2023-01-31 | Mar 1964 | American |
| MACTAGGART, John Auld | Director | 2020-07-24 | Sep 1993 | British |
| MACTAGGART, John Auld, Sir | Director | 2018-03-12 | Jan 1951 | British |
| MACTAGGART, Philip Auld | Director | 2016-01-01 | Feb 1956 | British |
| MACTAGGART, Sholto Auld | Director | 2024-08-07 | Dec 1996 | British |
| PETO, Robert Henry Haldane | Director | 2016-01-01 | Sep 1950 | British |
| VAIL, Paul Dominic | Director | 2026-02-11 | Sep 1962 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MELLISH, Richard Paul | Secretary | 2015-09-03 | 2017-08-31 |
| ARMSTRONG, Peter Nelson | Director | 2016-01-01 | 2022-11-16 |
| MACTAGGART, John Auld, Sir | Director | 2015-09-03 | 2018-02-02 |
| MELLISH, Richard Paul | Director | 2015-09-03 | 2015-09-03 |
| NADLER, Robert Arthur | Director | 2015-09-03 | 2017-04-03 |
| ORNEBERG, John Harald | Director | 2019-02-06 | 2020-01-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Philip Auld Mactaggart | Individual | Shares 25–50% | 2016-04-06 | Ceased 2022-05-01 |
Filing timeline
Last 20 of 58 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-07 | AA | accounts | Accounts with accounts type group | |
| 2024-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-28 | AA | accounts | Accounts with accounts type group | |
| 2024-08-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-19 | AA | accounts | Accounts with accounts type group | |
| 2023-11-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-26 | CH01 | officers | Change person director company with change date | |
| 2023-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-09 | AA | accounts | Accounts with accounts type group | |
| 2022-12-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-05 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2022-11-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-05 | AA | accounts | Accounts with accounts type group | |
| 2021-09-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-01-13 | AA | accounts | Accounts with accounts type group | |
| 2020-09-22 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+5.2%
£32,152,000 £33,820,000
-
Cash
+9.7%
£6,802,000 £7,465,000
-
Net assets
+11.4%
£59,356,000 £66,131,000
-
Employees
-9.3%
246 223
-
Operating profit
+1,124.5%
-£858,000 £8,790,000
-
Profit before tax
+179.5%
-£4,927,000 £3,919,000
-
Wages
+5%
£7,164,000 £7,525,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers