ABACUS HOTELS LIMITED
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Cash
£1.2M
+287.9% vs 2024
Net assets
£6.4M
+3.8% vs 2024
Employees
126
-28.4% lowest in 5 filed years
Profit before tax
£2.3M
+1,312% highest in 5 filed years
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £10,091,383 | £3,798,322 | £7,197,470 | £8,101,149 | £6,049,467 | -25.3% | |
| Operating profit | £334,269 | -£1,749,582 | £966,150 | £77,463 | £2,324,951 | +2,901.4% | |
| Profit before tax | £204,841 | -£1,890,694 | £836,030 | -£186,967 | £2,265,967 | +1,312% | |
| Net profit | £163,636 | -£1,843,635 | £722,040 | -£211,671 | £2,300,535 | +1,186.8% | |
| Cash | £1,705 | £197,765 | £1,289,954 | £308,866 | £1,198,184 | +287.9% | |
| Total assets less current liabilities | £13,088,465 | £5,866,828 | £8,971,361 | £9,441,035 | £6,468,310 | -31.5% | |
| Net assets | £7,710,463 | £5,866,828 | £6,588,868 | £6,150,256 | £6,385,791 | +3.8% | |
| Equity | £7,710,463 | £5,866,828 | £6,588,868 | £6,150,256 | £6,385,791 | +3.8% | |
| Average employees | 277 | 255 | 166 | 176 | 126 | -28.4% | |
| Wages | £4,390,556 | £3,781,974 | £3,134,561 | £3,704,847 | £2,958,332 | -20.1% | |
| Directors' remuneration | £431,246 | £430,996 | £455,365 | £459,709 | £409,112 | -11% |
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 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | 3.3% | -46.1% | 13.4% | 1.0% | 38.4% | |
| Net margin | 1.6% | -48.5% | 10.0% | -2.6% | 38.0% | |
| Return on capital employed | 2.6% | -29.8% | 10.8% | 0.8% | 35.9% | |
| Gearing (liabilities / total assets) | — | — | — | 43.2% | 10.7% | |
| Current ratio | — | — | — | 0.38x | 1.89x | |
| Interest cover | 2.58x | -12.40x | 7.40x | 0.28x | 20.39x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MA Partners Audit 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
- “Following the sale of one of the Company's hotels in the year, total revenues decreased by 25.3% to £6,049,467, from £8,101,149 in the previous year.”
- “The Company made a pre-tax profit for the year of £2,265,967 compared to £186,967 loss in the previous year. The profit included a profit on sale of one of the Company's hotels of £2,298,678 which is shown as an exceptional item.”
- “The exceptional item relates to the profit on sale of one of the Company's hotels, Le Strange Hotel on 30 July 2024.”
- “During the year the Company repurchased shares from a director of the Company, MJ Halls. The Company purchased 380,549 ordinary shares with a nominal value of £1 each for £2,065,000. This represented the full shareholding in Abacus Hotels owned by MJ Halls who has since resigned as a director of the Company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DARKING, Howard James | Director | 1995-09-13 | Feb 1953 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HALLS, Michael James | Secretary | 1995-09-13 | 2024-10-25 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 1995-09-13 | 1995-09-13 |
| FRANKE, Thomas Frederick | Director | 1995-09-13 | 2022-03-22 |
| HALLS, Michael James | Director | 1995-09-13 | 2024-10-25 |
| LONG, Alan William | Director | 1999-05-06 | 2004-06-30 |
| WATT, Charles Jonathon | Director | 1995-09-13 | 2003-11-30 |
| WYLLIE, Robert Charles | Director | 1995-09-13 | 2014-06-28 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 1995-09-13 | 1995-09-13 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 131 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-08 MA Memorandum articles
- 2025-10-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-22 | AA | accounts | Accounts with accounts type full | |
| 2025-10-08 | MA | incorporation | Memorandum articles | |
| 2025-10-08 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-13 | RP04SH06 | capital | Second filing capital cancellation shares | |
| 2024-12-03 | SH06 | capital | Capital cancellation shares | |
| 2024-12-02 | SH03 | capital | Capital return purchase own shares | |
| 2024-10-29 | AA | accounts | Accounts with accounts type full | |
| 2024-10-25 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-10-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-20 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2024-01-11 | AA | accounts | Accounts with accounts type full | |
| 2023-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-20 | AA | accounts | Accounts with accounts type full | |
| 2022-09-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-14 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-23 | AA | accounts | Accounts with accounts type full | |
| 2021-09-17 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 3
- 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.