CANNES BIDCO LTD - Profile & Financials

Accounts Submitted 21 Jul 2025

Confirmation Statement Submitted 19 May 2025

Net assets £71.97M £10.67M 2024 year on year

Total assets £290.15M £3.15M 2024 year on year

Total Liabilities £218.18M £13.82M 2024 year on year

Charges 3

1 outstanding 2 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Venus No 1 Old Park Lane Trafford City Manchester M41 7HA

Credit Report

Discover CANNES BIDCO LTD's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2018–2024)

Cash in Bank

£1.07M

Increased by £68.00k (+7%)

Net Assets

£71.97M

Decreased by £10.67M (-13%)

Total Liabilities

£218.18M

Increased by £13.82M (+7%)

Turnover

N/A

Employees

N/A

Decreased by 7 (-100%)

Debt Ratio

75%

Increased by 4 (+6%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

7 active 6 resigned

Show resigned officers

						Status
Ian Charles Wheeler	Director	British	United Kingdom	59	1 Sept 2018	Active
Ivan Victor Bumstead	Director	British	England	52	20 May 2024	Active
Karen Morris	Director	British	England	63	31 May 2018	Active
Kirsten Louise Hughes	Director	British	England	54	31 May 2018	Active
Matthew Davies	Director	British	England	55	1 Sept 2018	Active
Michael Steven Graham	Director	British	United Kingdom	61	20 May 2021	Active
Stephen Kenneth Byrne	Director	British	United Kingdom	60	31 May 2018	Active

Shareholders

Shareholders (1)


Cannes Midco Ii Ltd	100.0%	131,112,438	Ordinary Shares	21 May 2019

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Cannes Midco Ii Ltd

United Kingdom

Active

Notified 9 May 2018

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

CANNES MIDCO II LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

CANNES MIDCO LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

CANNES TOPCO LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

VITRUVIAN PARTNERS LLP united kingdom

CANNES BIDCO LTD Current Company

TRAVEL COUNSELLORS GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

Charges

1 outstanding 2 satisfied

Documents

Company Filings

Date	Category	Description	Document
21 Jul 2025	Accounts	Annual accounts made up to 2024-10-31	View(38 pages)
19 May 2025	Confirmation Statement	Confirmation statement made on 2025-05-08 with no updates	View(3 pages)
31 Jul 2024	Accounts	Annual accounts made up to 2023-10-31	View(36 pages)
19 Jun 2024	Mortgage	Mortgage Satisfy Charge Full	View(1 page)
19 Jun 2024	Mortgage	Mortgage Satisfy Charge Full	View(1 page)