ESSENDI UK HOTELS 2 LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-14 (in 1mo)
Last made up 2025-05-31
Watchouts
None on the register
Cash
£4M
-93.7% vs 2023
Net assets
£169M
+6.2% vs 2023
Employees
1,028
-8.1% vs 2023
Profit before tax
£57M
+56.1% vs 2023
Name history
Renamed 5 times since incorporation — the current trading name was adopted 2025-04-30
- ESSENDI UK HOTELS 2 LIMITED 2025-04-30 → present
- ACCOR UK ECONOMY HOTELS LIMITED 1999-09-28 → 2025-04-30
- IBIS (U.K.) HOTELS LIMITED 1998-02-27 → 1999-09-28
- SPHERE (U.K.) LIMITED 1987-01-28 → 1998-02-27
- IBIS HOTELS LIMITED 1977-12-31 → 1987-01-28
- NOVOTEL OPERATIONS LIMITED 1976-02-18 → 1977-12-31
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 | £251,827,000 | £226,244,000 | |
| Operating profit | £40,208,000 | £53,068,000 | |
| Profit before tax | £36,226,000 | £56,561,000 | |
| Net profit | £28,132,000 | £49,848,000 | |
| Cash | £57,924,000 | £3,651,000 | |
| Total assets less current liabilities | £403,512,000 | £411,813,000 | |
| Net assets | £159,530,000 | £169,374,000 | |
| Equity | £159,530,000 | £169,374,000 | |
| Average employees | 1,119 | 1,028 | |
| Wages | £28,418,000 | £27,094,000 |
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 | 16.0% | 23.5% | |
| Net margin | 11.2% | 22.0% | |
| Return on capital employed | 10.0% | 12.9% | |
| Current ratio | 1.69x | 2.43x | |
| Interest cover | 3.48x | 4.73x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Constantin
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has received a commitment of financial support for at least the next 12 months from the date of approval of these financial statements from its ultimate parent Essendi S.A. The directors have determined, having made enquiries of Group management and considered the matters discussed above, that it is appropriate the prepare the accounts on the going concern basis.”
Group structure
- ESSENDI UK HOTELS 2 LIMITED · parent
- Al Birmingham Ltd 100%
- Al Hull Ltd 100%
- Al Aberdeen Ltd 100%
- Al Leeds Centre Ltd 100%
- Al Cardiff Hotel Ltd 100%
- Al Barking Ltd 100%
- Al Liverpool Docks Ltd 100%
- Al London Thurrock Ltd 100%
- Al Manchester Charles Ltd 100%
- Al Sheff Arena Ltd 100%
- Al London Heathrow Ltd 100%
- Eco 4 Ltd 100%
Significant events
- “On 8 May 2024, Essendi has completed a swap deal in which the company have sold 18 hotels business interests to a third party in exchange of the acquisition of 3 real estate of hotels already operated by Essendi.”
- “As part of this transaction, Essendi UK Hotels 2 Limited has disposed 8 business interests and transferred the business interests of Ibis Heathrow Airport to one of its subsidiaries, along with the acquired real estate.”
- “On 24 September 2024, the lease for Ibis Budget Beaconsfield expired. The Company did not renew the lease.”
- “On 18 December 2024, the company transferred the business interests of Ibis Budget Cardiff to one of its subsidiaries.”
- “On 28 April 2025, AccorInvest rebranded and changed its name to Essendi. As a result, Accor UK Economy Hotels Limited is newly named Essendi UK Hotels 2 Limited.”
- “In response to expert fire safety advice regarding one of its hotel, the Ibis Wembley, the company management have taken the precautionary decision to temporarily close the hotel from 29th July 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NEUBERT, Alice Sophie Benedicte | Director | 2017-06-30 | Nov 1983 | French |
| VAN DER GRAAF, Martijn | Director | 2021-04-26 | Mar 1997 | Dutch |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARLIN, Jean-Pierre | Secretary | — | 1996-03-01 |
| DELIGNY, Herve Olivier Arnaud | Secretary | 2006-11-24 | 2007-10-22 |
| HURST, Leah Anna | Secretary | 2006-06-01 | 2006-11-24 |
| POIROT, Olivier | Secretary | 1997-10-31 | 2001-06-15 |
| PORCHERON, Claude Andre Georges Edmond | Secretary | 1996-07-01 | 1997-10-31 |
| ROUSSEAU, Christian Pascal Robert | Secretary | 2001-06-15 | 2006-06-01 |
| SCHMITT, Jean Jacques Maurice | Secretary | 2007-10-22 | 2016-01-08 |
| VERSTRAETE, Cécile Marie Marguerite | Secretary | 2017-06-30 | 2021-04-26 |
| WHITE, Roger Alfred | Secretary | 1996-03-01 | 1996-07-01 |
| WHITEHEAD, Adrian John | Secretary | 2016-02-22 | 2017-07-01 |
| CARLIN, Jean-Pierre | Director | — | 1996-03-01 |
| COINTET, Andre | Director | — | 1998-02-27 |
| DAGUZAN, Olivier Marie Pierre | Director | 2017-02-06 | 2021-04-26 |
| DE LA RONCIERE, Etienne Michel Ghislain Bourel | Director | 2017-06-30 | 2023-09-20 |
| DELIGNY, Herve Olivier Arnaud | Director | 2006-06-01 | 2016-08-31 |
| DESSORS, Jean Jacques Michel | Director | 2002-11-28 | 2011-12-31 |
| DUBAERE, Thomas Alexander Marie | Director | 2010-05-01 | 2017-07-01 |
| FLAXMAN, Michael John | Director | 1997-10-31 | 2006-06-01 |
| FLAXMAN, Michael John | Director | 1995-09-15 | 1996-07-01 |
| FONTAINE, Frederic Albert | Director | 2008-08-01 | 2009-10-01 |
| GIBERT, Celine Francoise Eloise | Director | 2023-09-20 | 2025-01-31 |
| GRIMALDI, Joseph | Director | 1995-08-30 | 2002-07-31 |
| GROS, Didier | Director | — | 2002-11-26 |
| GUILLEMOT, Christophe Marie Pierre | Director | 2004-01-01 | 2006-06-01 |
| HISLOP, Alexander Robertson | Director | 1999-04-21 | 2008-08-01 |
| LAMOUCHE, Karelle Marie Reine Jeanne | Director | 2016-08-01 | 2017-07-01 |
| LANGLAIS, Charlie Jacques Jean Claude | Director | 2002-11-28 | 2005-12-31 |
| LEATHER, Peter Barrie | Director | 1995-09-15 | 1997-10-31 |
| LUTTMANN, Jean Claude | Director | 1997-10-31 | 1998-10-01 |
| MILLER, William Boris Timothy | Director | — | 1992-09-07 |
| MOLINARI, Robert | Director | — | 1992-04-28 |
| POIROT, Olivier | Director | 1997-10-31 | 2001-06-15 |
| ROUSSEAU, Christian Pascal Robert | Director | 2001-06-15 | 2010-03-15 |
| SHEARD, Jonathan Russell | Director | 2012-01-01 | 2017-06-30 |
| VAN OOTEGHEM, Inge Josephine Leontine | Director | 2016-08-01 | 2017-03-23 |
| WHITE, Roger Alfred | Director | 1996-04-02 | 1997-10-31 |
| WITSCHI, Andre | Director | 1994-12-15 | 2003-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Aihi Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-12-30 | Active |
| Accor Uk Limited | Corporate entity | Shares 75–100% | 2016-06-30 | Ceased 2016-12-30 |
Filing timeline
Last 20 of 237 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-30 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-22 | AA | accounts | Accounts with accounts type full | |
| 2025-06-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-30 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-04-25 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-02-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-25 | CH01 | officers | Change person director company with change date | |
| 2024-09-16 | AA | accounts | Accounts with accounts type full | |
| 2024-07-15 | CH01 | officers | Change person director company with change date | |
| 2024-07-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-02 | AA | accounts | Accounts with accounts type full | |
| 2023-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-10 | AA | accounts | Accounts with accounts type full | |
| 2022-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-16 | AA | accounts | Accounts with accounts type full | |
| 2021-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-07 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- 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
-10.2%
£251,827,000 £226,244,000
-
Cash
-93.7%
£57,924,000 £3,651,000
-
Net assets
+6.2%
£159,530,000 £169,374,000
-
Employees
-8.1%
1,119 1,028
-
Operating profit
+32%
£40,208,000 £53,068,000
-
Profit before tax
+56.1%
£36,226,000 £56,561,000
-
Wages
-4.7%
£28,418,000 £27,094,000
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