THE DORCHESTER LIMITED

1. THE DORCHESTER LIMITED 1995-03-07 → present
2. PAGEGUIDE LIMITED 1985-04-24 → 1995-03-07
3. DORCHESTER HOTEL LIMITED 1929-08-16 → 1985-04-24

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have acknowledged the latest guidance on going concern. Although the Company has net liabilities as at 31 December 2024 it has the continuing support of its ultimate parent, the Brunei Investment Agency for a period of at least twelve months from the date of approval of these financial statements. The directors confirm that they have considered the ability of its ultimate parent to provide this support. Further, the directors have reviewed the Company's budget for the next year and considered other plans, concluding that the Company is well placed to manage its business risks successfully. For these reasons, the directors are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements.”

Significant events

• “In May 2019 the Company ended a period during which it was dormant when it acquired several loan assets and loan liabilities (see note 13 for more details) from its immediate parent company, Dorchester Group Limited: The company has in consequence been repurposed as a finance company.”
• “During 2019 a number of intercompany loans were made, for a period of more than one year, to the parent and fellow subsidiaries, at below market rate interest rates. The accounting requirements for these loans are that they are discounted to their present value using an imputed interest rate, with the discount classified as a deemed dividend. For the year ended 31 December 2019 that deemed dividend amounted to €11,367,560 on the one share in issue. The company subsequently noted that there were insufficient distributable reserves to cover this deemed dividend and took action to rectify the position in 2020, by terminating the extensions (with effect from the date each extension was granted). This has given rise to the capital contribution recognised during 2020. During the year the capital reserves rose by €6.2m represents the capital contributions arising from the fair value adjustments to the interest free loans made to the Company.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +10.8%

  -£1,971,329 → -£1,758,213

• Employees

  —

  Not reported

• Operating profit

  +4.1%

  -£23,439 → -£22,484

• Profit before tax

  +104.8%

  -£4,485,200 → £213,115

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