HARD ROCK INTERNATIONAL LIMITED

1. HARD ROCK INTERNATIONAL LIMITED 1987-10-27 → present
2. HARD ROCK CAFE PLC 1977-10-17 → 1987-10-27

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Management continues to adopt the going concern basis of accounting in preparing the annual financial statements due to the following reasons: In making the going concern assessment, management has considered budgets approved for the whole Hard Rock group for 2025 and 2026, revised forecasts for the respective years, a five year strategic plan. The intermediate parent Company, registered in the US Virgin Islands, Seminole HR Holdings, LLC, has provided a letter of support stating their commitment to provide such financial support as may be necessary for at least twelve months from the date of the approval of these financial statements, in order to ensure that the Company is able to meet its liabilities as they fall due. The total cash reserves as at 31 December 2024 of the respective financial statements amounted to $936.0m, which demonstrates the parent has the ability to provide financial support. The total net assets of the Company amount to £8.2m (2023: £98.2m) while the net current liabilities amounted to £22.1m (2023: £28.0m). The entity, when needed, is being funded by means of capital contributions from the parent entities for purposes of expanding operations in Europe and United Kingdom. Management has assessed the ability and commitment of the parent entities to provide such support to the Company and concluded that the parent entities have the ability to provide such support as needed. The Directors have assessed the financial position of the parents and subsidiaries, and based on cash forecast analysis, management has no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the group to continue as a going concern. The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”

Group structure

1. HARD ROCK INTERNATIONAL LIMITED · parent
   1. Hard Rock Café (UK) Limited 100% · United Kingdom · Operation of "Hard Rock" restaurants.
   2. Hard Rock Holdings Limited 100% · United Kingdom · Franchising the name of "Hard Rock Café".
   3. Hard Rock Limited 100% · Jersey · Franchising the name of "Hard Rock Café".

Significant events

• “During the year ended December 31, 2024, the Company closed one Company owned location in Glasgow for a total of 5 owned locations (2023: 6).”
• “The Company recognised an impairment loss of £3.0 million in investments in subsidiaries during 2024 (2023: Nil).”

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

Filings

4

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

  -25.4%

  £2,821,000 → £2,105,000

• Cash

  +326.9%

  £1,132,000 → £4,833,000

• Net assets

  -90.9%

  £89,710,000 → £8,190,000

• Employees

  —

  Not reported

• Operating profit

  -556.3%

  £451,000 → -£2,058,000

• Profit before tax

  +8,099.5%

  £201,000 → £16,481,000

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