BELMOND MANAGEMENT LIMITED

1. BELMOND MANAGEMENT LIMITED 2015-05-18 → present
2. BELMOND HOTEL HOLDINGS (UK) LIMITED 2014-03-17 → 2015-05-18
3. ORIENT-EXPRESS HOTELS U.K. LIMITED 1996-12-13 → 2014-03-17
4. ORIENT-EXPRESS HOTELS LIMITED 1989-06-07 → 1996-12-13
5. VENICE SIMPLON-ORIENT-EXPRESS HOTELS LIMITED 1986-04-28 → 1989-06-07
6. SEACO HOTELS LIMITED 1984-03-23 → 1986-04-28
7. DISTINGUISHED HOTELS LIMITED 1983-04-25 → 1984-03-23
8. BATCHSHIRE LIMITED 1982-11-24 → 1983-04-25

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

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have 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

1. BELMOND MANAGEMENT LIMITED · parent
   1. Exclusive Destinations (Pty) Ltd 100% · South Africa · Tourist agent Safari Camp
   2. Horatio Properties Limited 100% · United Kingdom · Property investment
   3. Fraser's Helmsley Properties (Pty) Ltd 100% · South Africa · Property investment
   4. Mount Nelson Commercial Properties (Pty) Ltd 100% · South Africa · Property investment
   5. Mount Nelson Residential Properties (Pty) Ltd 100% · South Africa · Property investment
   6. Belmond (UK) Limited 100% · United Kingdom · Management services
   7. Belmond Limited 100% · United Kingdom · Dormant
   8. Reid's Hotel Madeira Limited 100% · United Kingdom · Dormant

Significant events

• “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.”
• “In 2024, we continued to drive sustainability as one of our key strategic priorities, strengthening our foundations and elevating our ambitions on sustainability.”
• “Our Green Energy mix moved from 27% in 2023 to 42% in 2024 with a reduction of Scope 1 and 2 emissions by 32% on a baseline of 2022.”
• “In 2024, we kicked of our partnership with Parley for the Oceans at our pilot hotel, Maroma, A Belmond Hotel Riveria Maya.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +14.8%

  £37,020,000 → £42,493,000

• Cash

  —

  Not reported

• Net assets

  -29.5%

  -£99,268,000 → -£128,546,000

• Employees

  -3.8%

  78 → 75

• Operating profit

  -19%

  -£20,229,000 → -£24,074,000

• Profit before tax

  -30%

  -£22,005,000 → -£28,607,000

• Wages

  +2.7%

  £6,077,000 → £6,241,000

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