INN ON THE PARK (LONDON) LIMITED
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Cash
£4.7M
-31.7% lowest in 3 filed years
Net assets
£4M
+20.8% highest in 3 filed years
Employees
387
-0.3% vs 2024
Profit before tax
£37K
-98.8% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
As at the year end, the Group was not in compliance with the interest cover financial covenant, which resulted in the loan being classified as a current liability. Subsequent to the year end, the Group received a waiver from the lender in respect of the covenant breach. The waiver obtained relates to the interest cover ratio covenant for the year ended 31 December 2025 while the Group expects to obtain a waiver in respect of the projected interest cover ratio covenant for 2026 by the end of 2026. Accordingly, the breach does not give rise to any adverse impact on the Group's liquidity position.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £64,625,000 | £63,605,000 | £61,238,000 | -3.7% | |
| Operating profit | £9,091,000 | £9,358,000 | £6,169,000 | -34.1% | |
| Profit before tax | £2,795,000 | £3,108,000 | £37,000 | -98.8% | |
| Net profit | £290,000 | £265,000 | £689,000 | +160% | |
| Cash | £5,808,000 | £6,863,000 | £4,690,000 | -31.7% | |
| Total assets less current liabilities | £195,417,000 | £153,601,000 | £143,864,000 | -6.3% | |
| Net assets | £3,043,000 | £3,308,000 | £3,997,000 | +20.8% | |
| Equity | £3,043,000 | £3,308,000 | £3,997,000 | +20.8% | |
| Average employees | 393 | 388 | 387 | -0.3% | |
| Wages | £18,158,000 | £19,926,000 | £20,441,000 | +2.6% | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 14.1% | 14.7% | 10.1% | |
| Net margin | 0.4% | 0.4% | 1.1% | |
| Return on capital employed | 4.7% | 6.1% | 4.3% | |
| Gearing (liabilities / total assets) | 98.5% | 98.4% | 97.9% | |
| Current ratio | 0.79x | 0.29x | 0.17x | |
| Interest cover | 1.42x | 1.43x | 0.99x |
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
- Standalone (parent only)
- Auditor
- Ernst & Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As at the year end, the Group was not in compliance with the interest cover financial covenant, which resulted in the loan being classified as a current liability. Subsequent to the year end, the Group received a waiver from the lender in respect of the covenant breach. The waiver obtained relates to the interest cover ratio covenant for the year ended 31 December 2025 while the Group expects to obtain a waiver in respect of the projected interest cover ratio covenant for 2026 by the end of 2026. Accordingly, the breach does not give rise to any adverse impact on the Group's liquidity position.”
Significant events
- “Subsequent to the reporting date, geopolitical tensions escalated in the Middle East, resulting in disruptions to regional transportation and volatility in global markets, including crude oil, commodities, and equities. These events occurred after 31 December 2025 and do not provide evidence of conditions existing at the reporting date; accordingly, they are treated as non-adjusting subsequent events in line with IAS 10 Events after the Reporting Period. No adjustments have been made to the financial statements, and based on management's assessment, there is no material impact on the Company's financial position or performance as at the date of approval of these financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 65 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SPRING BOARD LIMITED | Corporate Secretary | 2020-07-13 | — | — |
| AL-MANNI, Nevine Nabil | Director | 2020-07-13 | Dec 1979 | British |
| BAIRD, Robin | Director | 2021-04-12 | Aug 1967 | British |
| PATTERSON, Wendy Jane | Director | 2024-04-01 | May 1969 | British |
| STEBBING, Gavin Frederick Mark | Director | 2024-04-01 | May 1961 | British |
| WINDSOR, Paul Justin | Director | 2024-04-01 | Sep 1957 | British |
Show 65 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ABU RUMMAN, Mohammed | Secretary | 2006-12-01 | 2006-12-20 |
| ATKINSON, Howard Warwick | Secretary | — | 2005-07-01 |
| CROSSLEY, Graham | Secretary | 2005-07-02 | 2006-12-01 |
| CRESTBRIDGE UK LIMITED | Corporate Secretary | 2017-08-31 | 2020-07-13 |
| INTERTRUST CORPORATE SERVICES (UK) LIMITED | Corporate Secretary | 2006-12-20 | 2017-08-31 |
| ABU RUMMAN, Mohammed Adnan Salem | Director | 2006-12-01 | 2012-12-31 |
| AHMED, Raja Ali Mohamed, Dr | Director | 2012-12-31 | 2015-10-12 |
| AL GHUL, Saleh | Director | 2002-10-15 | 2006-12-01 |
| AL SAUD, Alwaleed Bin Talal Bin Abdulaziz, Hrh Prince | Director | 1995-12-15 | 2006-12-01 |
| AL YAQOOB, Abdulla Yusuf Abdulla Yusuf | Director | 2015-04-13 | 2015-10-12 |
| AL-HEJAILAN, Mustafa | Director | 1995-12-15 | 2002-10-25 |
| AL-SAIE, Hisham Saleh Ahmed | Director | 2007-09-19 | 2012-12-31 |
| ANSTIS, Raymond | Director | — | 1995-11-14 |
| ASHEER, Salah Saleh | Director | 2006-12-01 | 2007-09-13 |
| ATKINSON, Howard Warwick | Director | 1998-02-23 | 2005-07-01 |
| ATKINSON, Howard Warwick | Director | — | 1995-11-16 |
| BAN, David Song Long | Director | — | 1995-11-16 |
| BLACKALL, Roger Nicholas | Director | 2009-03-05 | 2015-10-12 |
| CAIN, Ian Richard | Director | 2009-08-04 | 2009-11-18 |
| CATHERWOOD SMITH, Richard Graham | Director | 2007-09-28 | 2008-04-08 |
| CHAUDHRY, Mahmood Ahmed | Director | 2007-09-19 | 2009-03-05 |
| CHRISTENSEN, Matthew James | Director | 2017-04-05 | 2017-08-31 |
| CROSSLEY, Graham | Director | 2005-07-02 | 2006-12-01 |
| DINNING, Simon David | Director | 2009-08-04 | 2013-09-16 |
| DREWETT, Simon Derwood Auston | Director | 2020-09-17 | 2023-10-03 |
| FAIRRIE, James Patrick Johnston | Director | 2015-04-13 | 2017-08-31 |
| FU, Peter Yung Sian | Director | — | 1995-11-14 |
| FU, Peter Chong Cheng | Director | — | 1995-11-16 |
| GRAPSTEIN, Steven Howard | Director | 1995-11-16 | 1998-02-23 |
| GRAPSTEIN, Steven Howard | Director | — | 1995-11-16 |
| HASLAM, Marc John | Director | 2017-09-12 | 2020-07-13 |
| HENG, Bernard Lam Kong | Director | 1995-11-16 | 1998-02-23 |
| HILL, Mary-Ann Ann | Director | 2009-03-27 | 2012-08-30 |
| HUSSAIN, Gulfam | Director | 2012-12-31 | 2015-10-12 |
| KELLAND, Darren Thomas Stephen | Director | 2009-05-13 | 2017-03-30 |
| LAWRENCE, Paul | Director | 2009-05-13 | 2012-09-18 |
| LE CORNU, Philip John | Director | 2013-09-16 | 2017-06-27 |
| LEE, Brian Martin | Director | 2006-12-21 | 2007-09-28 |
| LUDWIG, Douglas Leroy | Director | — | 1995-12-15 |
| MOYE, Helen Jennifer | Director | 2006-12-01 | 2011-02-21 |
| MOYE, Stephen Charles | Director | 2006-12-01 | 2012-03-31 |
| NAIDOO, Kamlan | Director | 2008-05-12 | 2009-08-04 |
| NEVITT, Laura Helen | Director | 2012-09-18 | 2017-07-28 |
| NORMAN, Philip | Director | 2009-05-13 | 2016-09-14 |
| OBASI, Bruno Chibuzo | Director | 2023-09-15 | 2024-03-31 |
| OBASI, Bruno Chibuzo | Director | 2018-07-19 | 2022-03-30 |
| ONG, Ben Seng | Director | — | 1995-11-16 |
| PAJARES, Ramon | Director | — | 1994-11-06 |
| PATTERSON, Wendy Jane | Director | 2018-05-02 | 2020-09-17 |
| PATTERSON, Wendy Jane | Director | 2017-08-31 | 2017-09-12 |
| PERRIS, Paul Dennis | Director | 2017-08-31 | 2020-02-25 |
| RASHDAN, Bashar Jamil Barakat | Director | 2007-09-19 | 2015-10-12 |
| ROTSEY, Carol Ann | Director | 2022-03-30 | 2023-09-15 |
| RUMENS, Ian Noel | Director | 2015-01-16 | 2015-04-13 |
| SINGH, Pankaj Kumar | Director | 2012-12-31 | 2013-11-21 |
| STAUSS, John | Director | 1998-02-23 | 2006-12-01 |
| STAUSS, John | Director | 1994-12-12 | 1995-12-15 |
| TIPU, Rehman | Director | 2007-09-19 | 2012-12-31 |
| TOWNSON, Neil David | Director | 2020-09-17 | 2024-03-31 |
| TOWNSON, Neil David | Director | 2009-05-13 | 2017-08-31 |
| WILLIAMS, Andrew George | Director | 2009-05-13 | 2012-09-18 |
| WILLING, Paul James | Director | 2009-05-13 | 2017-08-31 |
| WINDSOR, Paul Justin | Director | 2017-08-31 | 2022-03-30 |
| WINIFRED, Ponniah Sebastian Sahaya | Director | 2012-12-31 | 2015-04-13 |
| YULDASHEVA, Saida | Director | 2015-04-13 | 2015-10-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lapsent Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-07-10 | Active |
Filing timeline
Last 20 of 353 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-03-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-17 | AA | accounts | Accounts with accounts type full | |
| 2026-02-24 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-04 | CH01 | officers | Change person director company with change date | |
| 2025-06-25 | AA | accounts | Accounts with accounts type full | |
| 2025-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-03 | CH01 | officers | Change person director company with change date | |
| 2024-07-11 | AA | accounts | Accounts with accounts type full | |
| 2024-05-30 | CH01 | officers | Change person director company with change date | |
| 2024-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-03-08 | RESOLUTIONS | resolution | Resolution | |
| 2024-02-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-25 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.