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Company No. 12331815 · Incorporated 25 Nov 2019

Sonder Hospitality UK Ltd

Registered name: SONDER HOSPITALITY UK LTD

Part of Sonder International Holdings Ltd group

Sonder Hospitality UK Ltd made £27.9m revenue and £444k profit in the year to 31 Dec 2023. read from filing text

Sonder Hospitality UK Ltd’s revenue fell 2% to £27.9m in the year to 31 Dec 2023, with £444k profit and 111 employees. The company is classified under “other holiday and other collective accommodation” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55209Other holiday and other collective accommodationSIC 63120Web portals
Status
In Administration
Location
London, London
Age
6 yrs · since 2019
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “In the opinion of the directors, the Company’s ultimate parent company and ultimate controlling party is Sonder Holdings Inc, a company incorporated in Delaware, whose registered office is set out in ”

Latest accounts · year to 31 Dec 2023

Key figures

Young and profitable
Revenue
£27.9m
Growth ▼2%
Profit
£444k
Growth ▲201.9%
Profit margin
1.6%
 
Employees
111
Change ▲0.9%
Profit / employee
£4k
Revenue/employee £251k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 2023
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£20m£28.5m£27.9m
Operating profit£2.7m£4.5m£4.7m
Profit before tax£10k£147k£444k
Profit (best available)£10k£147k£444k
Staff costs£2.1m£3.1m£3.1m
Employees (average)59110111
Ratios
Profit margin0.1%0.5%1.6%
Revenue per employee£339k£259k£251k
Profit per employee£170£1.3k£4k
Growth (year on year)
Revenue growth—▲42.1%▼2%
Profit growth—▲1370%▲201.9%
Headcount growth—▲86.4%▲0.9%
Balance sheet — indirect signals, not revenue
Cash at bank£2m£2.9m£1.7m
Net assets£34.2k£264k£840k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Dec 2024
Derived from the latest filing

How the business works

Profit margin
1.6%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£251k
Revenue ÷ average employees.
Profit per employee
£4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲218%
Now £840k
Cash at bank
▼42%
Now £1.7m
Headcount
▲1%
Now 111
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Sonder International Holdings Ltdultimate parent75–100%
  2. Sonder Hospitality UK Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £444k), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.