WTW CINEMAS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. WTW CINEMAS LIMITED 2017-02-22 → present
2. CAPITOL (ST. AUSTELL) LIMITED(THE) 1945-06-29 → 2017-02-22

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 102

Reporting scope

Consolidated group

Auditor

Peplows Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“the directors are happy that reserves are sufficient to ensure the business remains a going concern. In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern...”

Group structure

1. WTW CINEMAS LIMITED · parent
   1. WTW Scott Cinemas Limited 99% · UK · Cinema operation
   2. WTW Scott Cinemas South West Limited 99% · UK · Cinema operation

Significant events

• “The year saw WTW-Cinemas SW Ltd sell the remaining term of the lease at the cinema in East Grinstead to a more local operator, reducing the groups number of cinemas from 11 to 10 (also reflected in the decrease in employee numbers).”
• “The reduction in output of high profile film releases (impacted further by the Hollywood actors and writers strike in 2023) continues to impact admissions.”
• “careful consideration will need to be taken in the near future regarding the financial viability of some of the groups sites and the potential sale of certain sites that are not performing.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +4%

  £8,658,499 → £9,003,657

• Cash

  +64.3%

  £1,261,551 → £2,072,144

• Net assets

  +0.1%

  £7,856,772 → £7,867,021

• Employees

  -17.6%

  170 → 140

• Operating profit

  +155.8%

  -£396,839 → £221,521

• Profit before tax

  +168.3%

  -£368,410 → £251,677

• Wages

  -2.5%

  £2,234,831 → £2,179,709

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers