THAME AND LONDON LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-07 (in 2mo)
Last made up 2025-06-23
Watchouts
Cash
£228M
+16.4% vs 2023
Net assets
-£708M
-0.6% vs 2023
Employees
9,000
+11% vs 2023
Profit before tax
-£7M
-119.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- THAME AND LONDON LIMITED 2013-05-30 → present
- ANCHOR UK BIDCO LIMITED 2012-08-07 → 2013-05-30
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,035,200,000 | £1,036,600,000 | |
| Operating profit | £324,400,000 | £269,100,000 | |
| Profit before tax | £33,800,000 | -£6,700,000 | |
| Net profit | £43,400,000 | -£14,700,000 | |
| Cash | £195,700,000 | £227,700,000 | |
| Total assets less current liabilities | £2,521,100,000 | £2,659,000,000 | |
| Net assets | -£704,000,000 | -£707,900,000 | |
| Equity | -£704,000,000 | -£707,900,000 | |
| Average employees | 8,109 | 9,000 | |
| Wages | £219,900,000 | £237,700,000 |
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 | 31.3% | 26.0% | |
| Net margin | 4.2% | -1.4% | |
| Return on capital employed | 12.9% | 10.1% | |
| Gearing (liabilities / total assets) | 125.5% | 124.3% | |
| Current ratio | 0.96x | 1.05x | |
| Interest cover | 1.10x | 0.90x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In our opinion, assessing the appropriateness of the going concern assumption, the Board has considered the positive cash requirements of the Group and Company to the end of 2026, taking into account current economic and political pressures, the range of trading outcomes and mitigating actions which could be taken.”
Group structure
- THAME AND LONDON LIMITED · parent
- Full Moon Holdco 4 Limited 100%
- Full Moon Holdco 5 Limited 100%
- Full Moon Holdco 6 Limited 100%
- Full Moon Holdco 7 Limited 100%
- TVL Finance PLC 100%
- Travelodge Hoteles Espana SL 100%
- Travelodge Propco Espana SL 100%
- Travelodge Opco Espana SL 100%
- TLLC Holdings 2 Limited 100%
- FullMoonPropco1 Limited 100%
- FullMoonPropco2 Limited 100%
- Travelodge Limited 100%
- TLLC 2018 Limited 100%
- Travelodge Holdings (Malta) Limited 100%
Significant events
- “On 17 April 2024 the operating group of the wider Travelodge group acquired five hotels and a sixth hotel in December 2024 from another hotel operator in Spain, expanding Travelodge's already existing presence in that country.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAING, Andrew Patrick | Secretary | 2026-04-01 | — | — |
| BOYDELL, Joanna | Director | 2013-03-19 | Mar 1969 | British |
| KENTLETON, Rachel Elizabeth | Director | 2023-11-01 | Feb 1969 | British |
| NORMOYLE, Helen Elizabeth | Director | 2022-01-01 | Oct 1967 | Irish |
| REIDY, Raymond Andrew | Director | 2025-08-20 | Oct 1969 | British |
| SHURROCK, Stephen John | Director | 2014-01-30 | Mar 1971 | British |
| ZEHNER, Jon Hamilton | Director | 2026-03-23 | Jun 1957 | American,British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOYDELL, Joanna | Secretary | 2013-03-19 | 2026-03-31 |
| THOMAS, Katherine Anna Ashford | Secretary | 2016-06-24 | 2026-03-31 |
| A G SECRETARIAL LIMITED | Corporate Secretary | 2013-08-07 | 2016-06-24 |
| JORDAN COMPANY SECRETARIES LIMITED | Corporate Secretary | 2012-08-07 | 2012-12-17 |
| BONNAR, Craig | Director | 2020-12-31 | 2022-05-16 |
| CONNOLLY, Aidan Joseph, Mr. | Director | 2023-04-03 | 2025-08-21 |
| DAGTOGLOU DECARTERET, Ion Dimitris | Director | 2021-03-25 | 2022-09-28 |
| FORD, Jonathan David | Director | 2012-10-10 | 2022-01-01 |
| GOWERS, Peter Darren | Director | 2013-11-25 | 2020-12-31 |
| HARVEY, Paul Victor | Director | 2012-10-10 | 2019-09-16 |
| HEARN, Grant David | Director | 2012-10-10 | 2013-11-25 |
| HILGER, Thomas | Director | 2019-08-16 | 2021-03-25 |
| LODGE, Ted S | Director | 2012-08-07 | 2014-01-30 |
| MORTIMORE, Jon William | Director | 2012-10-10 | 2013-03-28 |
| OLAFSON, Gregory Gordon | Director | 2012-10-10 | 2019-08-16 |
| ROBINSON, Anthony Martin | Director | 2021-03-25 | 2025-11-25 |
| WALLACE, Brian Godman | Director | 2013-01-30 | 2020-09-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| T&L Holdco Limited | Corporate entity | Shares 75–100% | 2024-02-28 | Active |
Filing timeline
Last 20 of 99 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-12 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-04-12 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-04-12 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-07 | AA | accounts | Accounts with accounts type group | |
| 2024-07-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-25 | AA | accounts | Accounts with accounts type group | |
| 2024-03-11 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-03-11 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2023-11-08 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-25 | AA | accounts | Accounts with accounts type group | |
| 2023-05-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-10 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 4
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
+0.1%
£1,035,200,000 £1,036,600,000
-
Cash
+16.4%
£195,700,000 £227,700,000
-
Net assets
-0.6%
-£704,000,000 -£707,900,000
-
Employees
+11%
8,109 9,000
-
Operating profit
-17%
£324,400,000 £269,100,000
-
Profit before tax
-119.8%
£33,800,000 -£6,700,000
-
Wages
+8.1%
£219,900,000 £237,700,000
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