Ultraluminous X-ray sources (ULXs) are the most extreme among X-ray binaries in which the compact object, a neutron star or a black hole, accretes matter from the companion star and exceeds a luminosity of 10 39 erg s −1 in the X-ray energy band alone. Despite two decades of studies, it is still not clear whether ULX spectral transitions are due to stochastic variability in the wind or variations in the accretion rate or in the source geometry. The compact object is also unknown for most ULXs. In order to place constraints onto such scenarios and on the structure of the accretion disc, we studied the temporal evolution of the spectral components of the variable source NGC 55 ULX-1. Using recent and archival data obtained with the XMM-Newton satellite, we modelled the spectra with two blackbody components which we interpret as thermal emission from the inner accretion flow and the regions around or beyond the spherization radius. The luminosity-temperature (L-T) relation of each spectral component agrees with the L ∝ T 4 relationship expected from a thin disc model, which suggests that the accretion rate is close to the Eddington limit. However, there are some small deviations at the highest luminosities, possibly due to an expansion of the disc and a contribution from the wind at higher accretion rates. Assuming that such deviations are due to the crossing of the Eddington or supercritical accretion rate, we estimate a compact object mass of 6-14𝑀 , favouring a stellar-mass black hole as the accretor.

Ultraluminous X-ray sources (ULXs) are a class of accreting compact objects with X-ray luminosities above 10 39 erg s −1 . The average number of ULXs per galaxy is still not well constrained, especially given the uncertainty on the fraction of ULX transients. Here, we report the identification of a new transient ULX in the galaxy NGC 55 (which we label as ULX-2), thanks to recent XMM-Newton and the Neil Gehrels Swift Observatory observations. This object was previously classified as a transient X-ray source with a luminosity around a few 10 38 erg s −1 in a 2010 XMM-Newton observation. Thanks to new and deeper observations (∼ 130 ks each), we show that the source reaches a luminosity peak > 1.6 × 10 39 erg s −1 . The X-ray spectrum of ULX-2 is much softer than in previous observations and fits in the class of soft ULXs. It can be well described using a model with two thermal components, as often found in ULXs. The time scales of the X-ray variability are of the order of a month and are likely driven by small changes in the accretion rate or due to super-orbital modulations, attributed to precession of the accretion disc, which is similar to other ULXs.