ALUMINUM PROPHOLDCO 1 EUROPEAN HOSTELS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-06 (in 11mo)
Last made up 2026-03-23
Watchouts
Cash
—
Latest balance sheet
Net assets
-£225K
+90.9% vs 2023
Employees
—
Average over period
Profit before tax
£3M
+405.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
As stated in note 1.10, the uncertainty over support from new owners, indicate that a material uncertainty exists which may cast significant doubt on the Company's ability to continue as a going concern.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
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 | — | — | |
| Operating profit | -£1,690 | £0 | |
| Profit before tax | £520,195 | £2,631,119 | |
| Net profit | £965,959 | £2,241,636 | |
| Cash | — | — | |
| Total assets less current liabilities | £202,390,280 | £192,979,461 | |
| Net assets | -£2,466,210 | -£224,574 | |
| Equity | -£2,466,210 | -£224,574 | |
| Average employees | — | — | |
| Wages | — | — | |
| 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. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
+90.9%
-£2,466,210 -£224,574
-
Employees
—
Not reported
-
Operating profit
+100%
-£1,690 £0
-
Profit before tax
+405.8%
£520,195 £2,631,119
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | -0.0% | 0.0% | |
| Gearing (liabilities / total assets) | 101.2% | 100.1% | |
| Current ratio | 0.44x | 0.30x | |
| Interest cover | -0.00x | 0.00x |
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.
Name history
Renamed 2 times since incorporation — the current trading name was adopted 2025-10-15
- ALUMINUM PROPHOLDCO 1 EUROPEAN HOSTELS LIMITED 2025-10-15 → present
- QUEENSGATE GENERATOR HOLDING LIMITED 2017-05-24 → 2025-10-15
- PATRON GENERATOR HOLDING LIMITED 2007-07-12 → 2017-05-24
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As stated in note 1.10, the uncertainty over support from new owners, indicate that a material uncertainty exists which may cast significant doubt on the Company's ability to continue as a going concern.”
Group structure
- ALUMINUM PROPHOLDCO 1 EUROPEAN HOSTELS LIMITED · parent
- Queensgate Generator Properties Limited 100%
- Generator Hostels Ltd 100%
- Generator Hostel London Ltd 100%
- Generator Hostel Berlin GmbH 100%
- Generator Hostel Hamburg GmbH 100%
- Generator Immobilienbesitz Hamburg GmbH 100%
- Generator Berlin Mitte GmbH 100%
- Generator Hostels Inc 100%
- Generator Hostels Sweden AB 100%
Significant events
- “Queensgate Investment has sold European operations of Generator which included this company to Brookfield Asset Management for total consideration of €776 million in May 2025 with expected completion date of 31st July 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANNABLE, Benedict Tobias | Director | 2025-07-31 | Oct 1977 | British |
| GATENBY, Thomas James | Director | 2025-07-31 | Mar 1989 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROUGHTON SECRETARIES LIMITED | Corporate Secretary | 2007-07-12 | 2016-07-11 |
| DELIGNY, Herve Olivier Arnaud | Director | 2022-03-01 | 2024-08-06 |
| GILL, Sharn | Director | 2019-08-12 | 2020-09-07 |
| GUETTOUCHE, Andre | Director | 2017-07-13 | 2022-02-01 |
| HARRIES, Paul Ronayne | Director | 2016-07-11 | 2017-06-13 |
| KORALLUS, Jon Fredrik | Director | 2016-07-11 | 2017-05-12 |
| LAW, Shane Edward | Director | 2007-08-02 | 2017-05-05 |
| MILLET, Jonathan James | Director | 2019-08-12 | 2020-10-23 |
| O'MAHONEY, Michael Eugene | Director | 2025-01-20 | 2025-07-31 |
| SLIMMING, Paul Richard | Director | 2017-05-05 | 2018-10-10 |
| THIESSEN, Jueane | Director | 2019-08-12 | 2025-07-31 |
| THOMANN, Alastair Bernhard | Director | 2017-07-13 | 2025-01-20 |
| PLATINUM NOMINEES LIMITED | Corporate Director | 2007-07-12 | 2016-07-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Brookfield Corporation | Corporate entity | Voting 75–100%, Appoints directors | 2025-07-31 | Active |
| Queensgate Generator Lp Gp Limited | Corporate entity | Significant influence | 2020-12-30 | Ceased 2025-07-31 |
| Queensgate Fusion Midco2 S.A R.L | Corporate entity | Shares 25–50% | 2017-11-16 | Ceased 2020-12-30 |
| Queensgate Fusion Midco1 S.A R.L | Corporate entity | Shares 25–50% | 2017-11-16 | Ceased 2020-12-30 |
| Queensgate Generator S.A R.L | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2017-11-16 |
| Queensgate Generator Sarl | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2017-05-05 |
Filing timeline
Last 20 of 113 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-15 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | SH01 | capital | Capital allotment shares | |
| 2026-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-15 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-10-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-05 | AA | accounts | Accounts with accounts type full | |
| 2025-08-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 1
- Officers appointed
- 2
- Officers resigned
- 2
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.