ENNISMORE HOTEL MANAGEMENT UK LIMITED

1. ENNISMORE HOTEL MANAGEMENT UK LIMITED 2021-10-25 → present
2. MORGANS HOTEL GROUP U.K. MANAGEMENT LIMITED 2005-11-25 → 2021-10-25
3. ROYALTON U.K. MANAGEMENT LIMITED 2003-07-14 → 2005-11-25
4. I.S. U.K. MANAGEMENT LIMITED 1998-02-25 → 2003-07-14

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the reporting date, the Company had net current liabilities of £57,703,000 and loss for the year of £2,842,000. Directors concluded it is appropriate to present financial statements on a going concern basis, supported by a €50m credit facility from Accor Luxury and Lifestyle SAS and the strong financial standing of Accor S.A., the ultimate parent.”

Significant events

• “The Company experienced an 10% decrease in year on year revenues. The decrease in revenue was caused by several factors including the disposal of two hotel management agreements for Mondrian Shoreditch and Rixos Gulf. During the year, the owners of the Mondrian Shoreditch hotel terminated their contract with the Company, realising loss on disposal of £2.8m. The Company did not receive any proceeds and the carrying value of the hotel management agreement was £2.8m. During the year, the Company sold the hotel management agreement for the Rixos Gulf hotel to a group company realising a gain on disposal of £0.3m. The Company received proceeds of £4.6m for the sale of the agreement, which had a carrying value of £4.3m at the date of disposal.”

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

Filings

4

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

  -10.1%

  £12,665,000 → £11,383,000

• Cash

  +83.3%

  £6,000 → £11,000

• Net assets

  -36.3%

  £7,824,000 → £4,982,000

• Employees

  -75%

  4 → 1

• Operating profit

  +19.7%

  £3,848,000 → £4,606,000

• Profit before tax

  -120.5%

  £13,337,000 → -£2,728,000

• Wages

  -40.5%

  £711,000 → £423,000

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