RITZ HOTEL (LONDON) LIMITED(THE)
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-03 (in 2mo)
Last made up 2025-06-19
Watchouts
Cash
£11M
+10.4% vs 2023
Net assets
£228M
-1.3% vs 2023
Employees
428
-0.9% vs 2023
Profit before tax
-£3M
+70.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
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 | £36,045,000 | £42,933,000 | |
| Operating profit | -£8,675,000 | -£3,351,000 | |
| Profit before tax | -£10,027,000 | -£2,988,000 | |
| Net profit | -£10,027,000 | -£2,988,000 | |
| Cash | £10,220,000 | £11,286,000 | |
| Total assets less current liabilities | £231,414,000 | £228,426,000 | |
| Net assets | £231,414,000 | £228,426,000 | |
| Equity | £231,414,000 | £228,426,000 | |
| Average employees | 432 | 428 | |
| Wages | £16,434,000 | £17,920,000 |
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 | -24.1% | -7.8% | |
| Net margin | -27.8% | -7.0% | |
| Return on capital employed | -3.7% | -1.5% | |
| Gearing (liabilities / total assets) | 54.5% | 62.5% | |
| Current ratio | 0.89x | 0.68x | |
| Interest cover | -6.16x | — |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors confirm they have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial liabilities as they fall due for the foreseeable future including for a period of at least 12 months from the signing of these financial statements. This confirmation is made after reviewing the assumptions about the future trading performance, capital expenditure and confirmation by the Ultimate Beneficiary owner to provide financial support to the company.”
Group structure
- RITZ HOTEL (LONDON) LIMITED(THE) · parent
- Picnic 22 Limited 100%
Significant events
- “In 2023, Picnic Holdings Limited acquired The Ritz Hotel (London) Limited. A reorganisation in 2023 led to Green Park (No.1) Limited and Ritz Holdco Limited being struck off, and Thornham Hospitality Holdings Limited becoming the ultimate parent company. Post year end, the company became aware of insufficient distributable reserves to support a loan write-off and corrected it in 2025 via capital reduction.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GOWILI, Saleh | Director | 2023-01-12 | Mar 1976 | British |
| SHETTY, Jeevankumar Vittal | Director | 2023-01-12 | Aug 1978 | British |
| WHITESIDE, Janey | Director | 2026-03-18 | Jan 1972 | American |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARLOW, Brian Norman | Secretary | — | 1995-07-14 |
| PEATE, Roland Duncan | Secretary | 1995-07-15 | 1995-10-27 |
| BROOMFIELD SECRETARIAL SERVICES LIMITED | Corporate Secretary | 1995-10-27 | 2013-09-16 |
| AGHEVLI, Fardokht | Director | 2019-06-07 | 2020-01-24 |
| BARCLAY, Aidan Stuart | Director | 2020-01-24 | 2020-03-25 |
| BARCLAY, Aidan Stuart | Director | 1995-10-27 | 2019-06-07 |
| BARCLAY, Amanda Rica | Director | 2019-06-07 | 2020-01-24 |
| BARCLAY, Douglas Victor | Director | 1995-10-27 | 2006-08-01 |
| BARCLAY, Howard Myles | Director | 2020-01-24 | 2020-03-25 |
| BARCLAY, Howard Myles | Director | 2006-08-01 | 2019-06-07 |
| BARLOW, Brian Norman | Director | — | 1995-07-14 |
| BOXALL, Stephen Andrew | Director | 2009-10-01 | 2015-02-02 |
| DAY, Michael Patrick Bolger Eugene | Director | 1995-10-27 | 2012-03-20 |
| DELAFOSSE, Luc Pierre Louis | Director | 2001-07-05 | 2003-12-31 |
| EVANS, Anthony Gordon | Director | 1993-03-08 | 1995-07-14 |
| FAHY, Ciaran | Director | 2016-04-26 | 2019-03-14 |
| GAWLER, David | Director | 1995-07-15 | 1995-10-27 |
| HOLMES, Terence Roy | Director | — | 1994-05-24 |
| KENNEDY, John Francis | Director | 1991-11-21 | 1993-04-01 |
| KERR, Paul Jonathan | Director | 1991-11-01 | 1992-11-30 |
| LOVE, Andrew Michael | Director | 2004-03-10 | 2020-03-22 |
| MCDERMOTT, Dermot St John | Director | — | 1993-06-30 |
| MOWATT, Rigel Kent | Director | 1995-10-27 | 2018-01-22 |
| OBERLANDER, Daniel Samson | Director | — | 1991-10-01 |
| OLSEN, Hans Ebenedict | Director | 1993-06-03 | 1995-05-31 |
| PETERS, Philip Leslie | Director | 2020-01-24 | 2020-03-25 |
| PETERS, Philip Leslie | Director | 2006-08-01 | 2019-06-07 |
| POTTS, David John | Director | 2020-03-25 | 2023-01-12 |
| RICH, Negel Mervyn Sutherland | Director | 1995-07-15 | 1995-10-27 |
| ROBYNS, Felix Emiel Albert, Mr. | Director | 2020-03-25 | 2023-01-12 |
| SEAL, Michael | Director | 1995-10-27 | 2019-06-07 |
| SHEPARD, Giles Richard Carless | Director | 1997-12-31 | 2004-03-31 |
| WATKINS, James Arthur | Director | 1995-10-05 | 1995-10-27 |
| WILLIAMS, Brian Edward | Director | 1994-06-09 | 1995-10-27 |
| WINTER, Alan Richard | Director | 1995-10-05 | 1995-10-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ritz Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-01-31 | Ceased 2025-01-31 |
| Mr Abdulhadi Mana Al-Hajri | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-01-31 | Active |
| Mr Abdulhadi Mana Al-Hajri | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-01-12 | Ceased 2025-01-31 |
| Ritz Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-08-08 | Ceased 2023-01-12 |
Filing timeline
Last 20 of 252 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-30 RESOLUTIONS Resolution
- 2023-04-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-26 | AA | accounts | Accounts with accounts type group | |
| 2025-06-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-02-07 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-02-05 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-05 | AA | accounts | Accounts with accounts type group | |
| 2025-01-30 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-01-30 | CAP-SS | insolvency | Legacy | |
| 2025-01-30 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-04 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-04 | CH01 | officers | Change person director company with change date | |
| 2024-01-12 | AA | accounts | Accounts with accounts type group | |
| 2023-06-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-04-04 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2023-04-04 | SH20 | capital | Legacy | |
| 2023-04-04 | CAP-SS | insolvency | Legacy | |
| 2023-04-04 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 1
- 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
+19.1%
£36,045,000 £42,933,000
-
Cash
+10.4%
£10,220,000 £11,286,000
-
Net assets
-1.3%
£231,414,000 £228,426,000
-
Employees
-0.9%
432 428
-
Operating profit
+61.4%
-£8,675,000 -£3,351,000
-
Profit before tax
+70.2%
-£10,027,000 -£2,988,000
-
Wages
+9%
£16,434,000 £17,920,000
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