MACDONALD HOTELS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. MACDONALD HOTELS LIMITED 2004-05-26 → present
2. MACDONALD HOTELS PLC 2004-02-10 → 2004-05-26
3. SKYE LEISURE VENTURES PLC 2003-04-08 → 2004-02-10

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Group or the Company or to cease their operations, and as they have concluded that the Group and the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over their ability to continue as a going concern for at least a year from the date of approval of the financial statements”

Group structure

1. MACDONALD HOTELS LIMITED · parent
   1. Macdonald Hotels Investments Limited 100%
   2. Intra Inns Limited 100%
   3. Ledge 563 Limited 100%
   4. Callers-Linden Holdings Limited 100%
   5. Macdonald Aviemore Highland Resort Limited 100%
   6. Macdonald Alveston Limited 100%
   7. Macdonald Bear Limited 100%
   8. Macdonald Berystede Limited 100%
   9. Macdonald Blossoms Limited 100%
   10. Macdonald Botley Park Limited 100%
   11. Macdonald Compleat Angler Limited 100%
   12. Macdonald Crutherland Limited 100%
   13. Macdonald Frimley Hall Limited 100%
   14. Macdonald Houstoun House Limited 100%
   15. Macdonald Leeming House Limited 100%
   16. Macdonald Tickled Trout Limited 100%
   17. Macdonald Kilhey Court Limited 100%
   18. Hill Valley Hotel, Golf and Country Club Limited 100%
   19. Cardrona Hotel, Golf & Country Club Limited 50%
   20. Macdonald Hotels (Management) Limited 100%
   21. Bobsleigh Inn Limited 100%
   22. Egerton House Developments Limited 100%
   23. Macdonald Resorts Limited 100%
   24. Macdonald Resorts (La Ermita) Limited 100%
   25. Leila Playa No 4 Limited 100%
   26. Macdonald Dona Lola No 1 Limited 100%
   27. Portal Hotel, Golf and Country Club Limited 50%
   28. Sco Hotels Co Limited 50%
   29. Lymm (Villafont) Limited 50%
   30. New Care (Egerton) Holdings Limited 50%
   31. Craxton Wood Developments Limited 100%
   32. Kilhey Court Hotels Limited 100%
   33. Waterloo Holdings Limited 100%
   34. Macdonald Travel Club Limited 100%
   35. Macdonald Loch Rannoch Limited 100%
   36. Pittodrie Group Limited 100%
   37. MDH 123 Limited 100%
   38. Macdonald Forest Hills (Aberfoyle) Limited 100%
   39. Macdonald Hotels Aviemore Development Limited 100%
   40. Macdonald Hotels Management Services Limited 100%
   41. Cardrona Partnership Limited 100%
   42. Macdonald Portland Limited 100%
   43. Timeshare Options Limited 100%
   44. Macdonald Resort Ownership Limited 100%
   45. Macdonald Hotels (Solberge) Limited 100%
   46. Aviemore Leisure Management Limited 100%
   47. Beginmajor Limited 100%
   48. Countrytown Hotels Limited 100%
   49. Inchyra Grange Hotel Limited 100%
   50. Inchyra Services Limited 100%
   51. Macdonald Inchyra Grange Limited 100%
   52. Leisure Resorts Management Limited 100%
   53. Macdonald Golf Limited 100%
   54. Macdonald Hotel and Resorts Limited 100%
   55. MH Apartments Limited 100%
   56. Thainstone House Hotel Limited 100%
   57. Macdonald Windsor Limited 100%
   58. Macdonald Burlington Limited 100%
   59. Botley Park Golf Club Limited 100%
   60. Acova Limited 100%
   61. Macdonald Hotels Equity Trustee Company Limited 100%
   62. Macdonald Hotels MTIP Trustee Company Limited 100%
   63. Macdonald Whiteside Limited 100%
   64. Macdonald Lochanhully Limited 100%
   65. Macdonald Plas Talgarth Limited 100%
   66. Winterhaven Properties Limited 100%
   67. Resorts Hospitality Services SL 100%
   68. Macdonald Resorts Spain SA 100%
   69. Macdonald Hotels Developments Limited 100%
   70. Macdonald Resorts (Vale D'Oliveiras) Limited 100%

Significant events

• “The financial results for the period are skewed significantly by non-recurring exceptional legal costs relating to a High Court action raised by Macdonald Hotels Limited vs Bank of Scotland Plc, where the judge ruled in favour of Bank of Scotland Plc.”
• “The Group obtained a £17m bridging loan in February 2025 to support the cash position following the cost award from the High Court in January 2025.”
• “This bridging loan was repaid in full in September 2025 following the sale of our Macdonald Elmers Court Hotel & Resort for £22m, which realised a profit on sale of £18.5m.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -1.3%

  £128,880,000 → £127,229,000

• Cash

  -61.4%

  £23,346,000 → £9,017,000

• Net assets

  -16.2%

  £148,201,000 → £124,132,000

• Employees

  -9.5%

  2,709 → 2,452

• Operating profit

  -7.3%

  £3,480,000 → £3,227,000

• Profit before tax

  -214.8%

  £1,153,000 → -£1,324,000

• Wages

  +3.1%

  £46,588,000 → £48,054,000

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