LONDON XXI LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-04-19
Overdue
Watchouts
Cash
£1M
-4% vs 2023
Net assets
-£156M
-60.5% vs 2023
Employees
151
-20.5% vs 2023
Profit before tax
-£59M
-437.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-04-19.
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 | £22,106,300 | £19,501,130 | |
| Operating profit | -£10,245,947 | -£6,599,106 | |
| Profit before tax | -£10,955,238 | -£58,900,529 | |
| Net profit | -£10,955,238 | -£58,900,529 | |
| Cash | £1,350,309 | £1,296,126 | |
| Total assets less current liabilities | £2,967,981 | £23,383,182 | |
| Net assets | -£97,430,402 | -£156,330,931 | |
| Equity | -£97,430,402 | -£156,330,931 | |
| Average employees | 190 | 151 | |
| Wages | £5,870,580 | £5,192,090 |
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 | -46.3% | -33.8% | |
| Net margin | -49.6% | -302.0% | |
| Return on capital employed | -345.2% | -28.2% | |
| Current ratio | 0.16x | 0.22x | |
| Interest cover | -2.10x | -0.58x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing company cash balances, borrowing facilities and projected cash flows, and Melia Hotels International S.A. guarantee, the directors believe that the Company has adequate resources to continue operations for the foreseeable future as a going concern.”
Significant events
- “In the year ended 31 December 2023 one of the hotels main F&B outlets was outsourced resulting in a drop in top line revenue.”
- “There has also been a significant impairment (£40,850k) of the right of use asset as a result of forecasted performance, combined with the extension of the lease, which accounts for much of the movement in the year on year performance.”
- “2024 saw the completion of the group's 2022-2024 Strategic Plan: Roadto2024, which guided our management and transformation over the three years”
- “The audit business of UHY Hacker Young Manchester LLP was acquired by Cooper Parry Group Limited on 30th September 2024. UHY Hacker Young LLP has resigned as auditor and Cooper Parry Group Limited has been appointed in its place.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLAKELAW SECRETARIES LIMITED | Corporate Secretary | 2015-09-01 | — | — |
| GARCIA, Juan Ignacio Pardo | Director | 2012-11-22 | Feb 1965 | Spanish |
| GERONDEAU, Andre Philippe | Director | 2012-11-22 | May 1964 | French |
| JAUME, Gabriel Juan Escarrer | Director | 2012-11-22 | Jan 1971 | Spanish |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLAKELAW SECRETARIES LIMITED | Corporate Director | 2015-09-01 | 2015-09-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Melia Hotels International Uk, Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 58 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-09 | AA | accounts | Accounts with accounts type full | |
| 2024-04-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-12 | AA | accounts | Accounts with accounts type full | |
| 2023-05-10 | AA | accounts | Accounts with accounts type full | |
| 2023-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-06 | AA | accounts | Accounts with accounts type audit exemption subsiduary | |
| 2021-11-25 | PARENT_ACC | accounts | Legacy | |
| 2021-09-20 | AGREEMENT2 | other | Legacy | |
| 2021-09-20 | GUARANTEE2 | other | Legacy | |
| 2021-04-16 | AA | accounts | Accounts with accounts type audit exemption subsiduary | |
| 2021-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-24 | GUARANTEE2 | other | Legacy | |
| 2021-02-24 | AGREEMENT2 | other | Legacy | |
| 2021-02-23 | PARENT_ACC | accounts | Legacy | |
| 2020-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-02-04 | CH04 | officers | Change corporate secretary company with change date | |
| 2019-08-09 | AA | accounts | Accounts with accounts type audit exemption subsiduary |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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
-11.8%
£22,106,300 £19,501,130
-
Cash
-4%
£1,350,309 £1,296,126
-
Net assets
-60.5%
-£97,430,402 -£156,330,931
-
Employees
-20.5%
190 151
-
Operating profit
+35.6%
-£10,245,947 -£6,599,106
-
Profit before tax
-437.6%
-£10,955,238 -£58,900,529
-
Wages
-11.6%
£5,870,580 £5,192,090
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