GLOBAL REACH UK HOLDINGS LIMITED
Get an alert when GLOBAL REACH UK HOLDINGS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£8.2m
+1.8% highest in 3 filed years
Net assets
-£61m
-7.9% lowest in 3 filed years
Employees
1,338
-5.8% lowest in 3 filed years
Profit before tax
-£12m
+27.5% vs 2024
Watch the reel
Our short-form breakdown of GLOBAL REACH UK HOLDINGS LIMITED's latest filing
Global Reach UK Holdings, the company behind Harbour Hotels, saw its trading profit more than halve — but a massive drop in finance costs meant its overall pre-tax loss actually narrowed. 🏨📉
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
-
Negative shareholders' funds
Net assets
3-year trend · vs Real Estate 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 | £91,302,281 | £90,829,460 | £89,272,885 | -1.7% | |
| Operating profit | £13,837,986 | £17,645,718 | £6,908,586 | -60.8% | |
| Profit before tax | -£8,749,582 | -£16,677,984 | -£12,094,025 | +27.5% | |
| Net profit | -£9,111,544 | -£17,022,470 | -£12,164,334 | +28.5% | |
| Cash | £4,717,422 | £8,071,180 | £8,218,192 | +1.8% | |
| Total assets less current liabilities | £355,871,493 | £365,402,845 | £366,529,243 | +0.3% | |
| Net assets | -£44,810,750 | -£56,331,164 | -£60,783,785 | -7.9% | |
| Equity | -£44,810,750 | -£56,331,164 | -£60,783,785 | -7.9% | |
| Average employees | 1,686 | 1,421 | 1,338 | -5.8% | |
| Wages | £29,507,891 | £29,597,149 | £28,900,261 | -2.4% | |
| 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 | 15.2% | 19.4% | 7.7% | |
| Net margin | -10.0% | -18.7% | -13.6% | |
| Return on capital employed | 3.9% | 4.8% | 1.9% | |
| Gearing (liabilities / total assets) | 111.6% | 114.6% | 115.9% | |
| Current ratio | 0.39x | 0.71x | 0.85x | |
| Interest cover | 0.61x | 0.53x | 0.36x |
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.
Name history
Renamed 1 time since incorporation
- GLOBAL REACH UK HOLDINGS LIMITED 2021-08-17 → present
- UK SPV4 LIMITED 2019-08-01 → 2021-08-17
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Fiander ETL
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have reviewed the Group's financial position, forecast cash flows and available funding facilities. Having considered current trading performance together with the support available from the wider Harbour Hotels Group, the Directors are satisfied that the Group has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- GLOBAL REACH UK HOLDINGS LIMITED · parent
- Global Reach Hotels Limited 100%
- Fidem Finance Limited 100%
- Celtic Hotel Holdings Limited 100%
- Rethay SPV Limited 100%
- Global Reach Hospitality Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NEALON, Timothy Stuart | Director | 2025-12-01 | Sep 1975 | British |
| VISSER, Wynand Jacobus | Director | 2023-04-30 | Jan 1986 | South African |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BESTER, Jan Johannes | Director | 2019-08-01 | 2020-06-29 |
| BORMAN, Colin Andrew | Director | 2020-06-05 | 2021-12-02 |
| BUYS, Bernardus Rudolf | Director | 2020-06-05 | 2023-04-30 |
| CAPRARO, Ralf Michael | Director | 2020-06-05 | 2025-12-01 |
| NEL, Jacobus Adriaan, Mr. | Director | 2019-08-01 | 2020-06-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Boston Group Newco Limited | Corporate entity | Shares 75–100% | 2025-10-27 | Active |
| Sarah Joanne Ingrassia | Individual | Voting 75–100% (as firm), Appoints directors (as firm), Significant influence (as firm) | 2024-04-12 | Ceased 2025-10-27 |
| Mrs Samantha Jayne Willis | Individual | Voting 75–100% (as firm), Appoints directors (as firm), Significant influence (as firm) | 2024-04-12 | Ceased 2025-10-27 |
| Mr Roelf Frederik Andries Odendaal | Individual | Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors (as firm) | 2019-08-01 | Ceased 2025-10-27 |
| Mrs Kristen Odendaal | Individual | Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors (as firm) | 2019-08-01 | Ceased 2024-04-12 |
Filing timeline
Last 20 of 52 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-27 | AA | accounts | Accounts with accounts type group | |
| 2026-09-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-27 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-10-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-25 | AA | accounts | Accounts with accounts type group | |
| 2025-08-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type group | |
| 2024-08-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-22 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-22 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-05-22 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-05-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-03-06 | AA | accounts | Accounts with accounts type group | |
| 2023-08-11 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.