UK Companies House feature
JOURNEY HOSPITALITY LIMITED
Cash
£304K
-15.6% vs 2023
Net assets
-£11M
-237.5% vs 2023
Employees
136
+36% vs 2023
Profit before tax
-£9M
-49.5% vs 2023
Profile
- Company number
- 07413674
- Status
- Active
- Incorporation
- 2010-10-20
- Last accounts made up
- 2024-10-31
- Account category
- FULL
- Primary SIC
- 63120
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2024-10-31
| Metric | Trend | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £3,380,180 | — | — | — | |
| Operating profit | — | — | £862,420 | — | — | — | |
| Profit before tax | — | — | £862,420 | -£1,929,022 | -£6,024,878 | -£9,004,633 | |
| Net profit | — | — | £560,036 | -£1,233,016 | -£5,776,883 | -£7,967,407 | |
| Cash | £37,964 | — | £56,533 | £5,715,904 | £359,932 | £303,811 | |
| Total assets less current liabilities | £2,260,095 | — | £6,050,472 | £4,009,713 | -£605,690 | -£9,900,401 | |
| Net assets | £897,782 | — | £3,655,630 | £2,422,614 | -£3,354,269 | -£11,321,676 | |
| Equity | £897,782 | — | £3,655,630 | £2,422,614 | -£3,354,269 | -£11,321,676 | |
| Average employees | 57 | — | 52 | 53 | 100 | 136 | |
| Wages | — | — | £1,080,726 | £1,875,223 | £4,279,107 | £5,862,128 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “In November 2024, the company completed a £5,000,000 venture debt financing round.”
- “Additionally, a shareholder provided further funding to the wider group in tranches following the year end totalling £550,000 under an existing funding agreement and is expected to provide a further £76,646 in May 2025.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BULLINGHAM, Simon John | Director | 2020-06-02 | Mar 1982 | British |
| REED, Mark | Director | 2022-10-27 | Sep 1978 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOTTERILL, Nigel | Director | 2011-04-04 | 2011-06-07 |
| BULLINGHAM, Simon John | Director | 2011-04-04 | 2016-11-10 |
| BULLINGHAM, Simon John | Director | 2010-10-20 | 2011-04-03 |
| CASSIDY, Peter George | Director | 2010-10-20 | 2016-06-22 |
| HINDMARCH, Arthur Stephen | Director | 2011-10-12 | 2022-10-27 |
| HURLEY, Barry Thomas | Director | 2020-06-02 | 2022-10-27 |
| MARTIN, Christopher Peter | Director | 2012-08-20 | 2015-12-08 |
| ROWAN, Simon | Director | 2022-10-27 | 2025-01-03 |
| WOOD, Johnny | Director | 2011-04-04 | 2011-07-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Journey Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-10-27 | Active |
| Commercial Corporate Services Limited | Corporate entity | Shares 75–100% | 2020-09-08 | Ceased 2022-10-27 |
| Bjh Holdings Limited | Corporate entity | Voting 25–50% | 2020-06-02 | Ceased 2022-10-27 |
| Mr Simon John Bullingham | Individual | Shares 25–50%, Voting 25–50% | 2020-06-02 | Ceased 2022-10-27 |
| Mr Arthur Stephen Hindmarch | Individual | Shares 25–50%, Voting 25–50% | 2016-11-25 | Ceased 2020-06-02 |
Filing timeline
Last 20 of 127 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-18 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-05-09 | AA | accounts | accounts with accounts type full |
| 2025-02-25 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-02-10 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-01-06 | TM01 | officers | termination director company with name termination date |
| 2024-12-02 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-11-21 | SH01 | capital | capital allotment shares |
| 2024-02-28 | AA | accounts | accounts with accounts type full |
| 2024-02-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-02-20 | CH01 | officers | change person director company with change date |
| 2024-02-20 | CH01 | officers | change person director company with change date |
| 2023-12-06 | MR05 | mortgage | mortgage charge part both with charge number |
| 2023-07-31 | AA | accounts | accounts with accounts type full |
| 2023-03-29 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-02-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-11-03 | MA | incorporation | memorandum articles |
| 2022-11-03 | RESOLUTIONS | resolution | resolution |
| 2022-11-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2022-11-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2022-11-01 | PSC02 | persons-with-significant-control | notification of a person with significant control |
Credit score
Altman Z″ (private-firm) · reference 2024-10-31
-18.00
DISTRESS
Altman Z″
- Working capital / Total assets -1.912 × 6.56 = -12.54
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.726 × 6.72 = -4.88
- Book equity / Total liabilities -0.546 × 1.05 = -0.57
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory