VENICE SIMPLON-ORIENT-EXPRESS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-26 (in 5mo)
Last made up 2025-10-12
Watchouts
None on the register
Cash
£10K
-83.6% vs 2023
Net assets
-£804K
+88.7% vs 2023
Employees
100
+7.5% vs 2023
Profit before tax
£9M
+276.3% vs 2023
Name history
Renamed 3 times since incorporation
- VENICE SIMPLON-ORIENT-EXPRESS LIMITED 1989-06-07 → present
- ORIENT-EXPRESS HOTELS LIMITED 1989-02-17 → 1989-06-07
- VENICE SIMPLON-ORIENT-EXPRESS LIMITED 1981-12-31 → 1989-02-17
- LARKLIST LIMITED 1981-03-20 → 1981-12-31
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 | £49,954,000 | £56,139,000 | |
| Operating profit | £1,956,000 | £4,650,000 | |
| Profit before tax | £2,420,000 | £9,106,000 | |
| Net profit | £1,233,000 | £7,888,000 | |
| Cash | £61,000 | £10,000 | |
| Total assets less current liabilities | -£5,419,000 | £3,987,000 | |
| Net assets | -£7,084,000 | -£804,000 | |
| Equity | -£7,084,000 | -£804,000 | |
| Average employees | 93 | 100 | |
| Wages | £8,544,000 | £8,778,000 |
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 | 3.9% | 8.3% | |
| Net margin | 2.5% | 14.1% | |
| Return on capital employed | -36.1% | 116.6% | |
| Current ratio | 0.59x | 0.71x | |
| Interest cover | 3.28x | 7.78x |
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
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At 31 December 2024, the Company has a net current liability position of £54,294,000 (2023: £56,101,000). Net current liabilities include current liabilities and current assets due within one year. The Directors have also obtained a letter of support from the Company's ultimate parent, LVMH, confirming that it will continue to support the Company. Therefore, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and at least 12 months from the date of approval of the financial statements. Thus, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- VENICE SIMPLON-ORIENT-EXPRESS LIMITED · parent
- VSOE Deutschland, GmbH 100%
- VSOE Voyages SA 100%
- Croisieres Orex S.A.S, 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FRANKLIN, Gary Edward | Director | 2009-12-18 | Apr 1969 | British |
| HUNT, Abigail Jill | Director | 2015-03-23 | Aug 1974 | British |
| PAROCHE, Elise | Director | 2024-06-05 | Dec 1982 | French |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOYEN, Filip Joseph Marcel | Secretary | 2013-08-01 | 2015-03-31 |
| CALVERT, Philip Alan | Secretary | 2011-07-08 | 2013-08-01 |
| O'SULLIVAN, Daniel John | Secretary | — | 2003-04-01 |
| STRUTHERS, James Gavin | Secretary | 2003-04-01 | 2005-10-07 |
| WHITE, Paul Martin | Secretary | 2005-10-07 | 2011-07-08 |
| BATHER, Colin Maclean | Director | — | 1991-12-31 |
| BOYEN, Filip Joseph Marcel | Director | 2013-08-01 | 2015-03-31 |
| CALVERT, Philip Alan | Director | 2009-08-28 | 2013-08-01 |
| DELLEPIANE, Francesco | Director | 1999-12-08 | 2018-06-15 |
| FRANKLIN, Gary Edward | Director | 2009-12-18 | 2010-11-02 |
| GINELLA, Claudio | Director | 2011-03-17 | 2014-10-20 |
| JENNY, Hermann | Director | — | 1991-12-31 |
| KAVANAGH, Anthony | Director | 1996-09-01 | 2014-07-31 |
| LEVINE, Richard Matthew | Director | 2014-02-11 | 2014-02-11 |
| LEVINE, Richard Matthew | Director | 2014-02-11 | 2018-06-15 |
| O'GRADY, Martin | Director | 2013-08-01 | 2013-08-01 |
| O'GRADY, Martin | Director | 2011-07-08 | 2019-12-31 |
| O'SULLIVAN, Daniel John | Director | — | 2003-04-01 |
| PARROTT, Peter | Director | — | 2001-04-30 |
| ROBIN AMOUR, Veronique | Director | 2020-05-12 | 2024-06-05 |
| RUSCONI, Natale | Director | 1996-05-01 | 1996-09-01 |
| SALTER, Jonathan David | Director | 2007-07-31 | 2009-08-28 |
| SHERWOOD, James Blair | Director | — | 2007-03-05 |
| SHERWOOD, Simon Michael Cross | Director | 1996-03-18 | 2007-07-31 |
| STRUTHERS, James Gavin | Director | 2001-04-30 | 2005-10-07 |
| VARIAN, Nicholas Roger | Director | — | 2011-08-26 |
| WHITE, Paul Martin | Director | 2005-10-07 | 2011-07-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vsoe Holdings Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Active |
| Belmond Finance Services Limited | Corporate entity | Shares 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 219 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-08-13 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-25 | AA | accounts | Accounts with accounts type full | |
| 2024-06-24 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-01-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-11-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-14 | AA | accounts | Accounts with accounts type full | |
| 2022-10-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-28 | AA | accounts | Accounts with accounts type full | |
| 2021-10-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-06 | AA | accounts | Accounts with accounts type full | |
| 2021-10-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-12-22 | SH01 | capital | Capital allotment shares | |
| 2020-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-06 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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
+12.4%
£49,954,000 £56,139,000
-
Cash
-83.6%
£61,000 £10,000
-
Net assets
+88.7%
-£7,084,000 -£804,000
-
Employees
+7.5%
93 100
-
Operating profit
+137.7%
£1,956,000 £4,650,000
-
Profit before tax
+276.3%
£2,420,000 £9,106,000
-
Wages
+2.7%
£8,544,000 £8,778,000
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