THE STAFFORD HOTEL LIMITED

1. THE STAFFORD HOTEL LIMITED 2008-02-01 → present
2. SHIRE HOTELS LIMITED 2001-10-03 → 2008-02-01
3. SHIRE INNS LIMITED 1980-04-17 → 2001-10-03

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

Standalone (parent only)

Auditor

Taylor Associates

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In light of the broader economic environment and its specific impact on the hospitality sector, the Directors have prepared, actively overseen, and continuously reviewed the company's financial plans and forecasts. These are updated on a monthly basis to reflect any known changes in business operations, and this disciplined approach to budget and forecast management will be maintained going forward. Although revenue for Q1 2025 was below budgeted expectations, EBITDA performance remained consistent with both Q1 2025 projections and the corresponding period in 2024. The Directors remain confident in the trading outlook for Q3 and Q4 2025, supported by increased investment in sales and marketing initiatives, as well as a strategic partnership with chef Michael Caines MBE. The company continues to demonstrate resilience and is well positioned to trade for a period of at least 12 months from the date of signing these financial statements. If required, the company's ultimate controlling party has confirmed their willingness to provide additional financial support, as evidenced by past contributions and the provision of a formal letter of support. Accordingly, the Directors consider it appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “In March 2024, the company successfully completed a refinancing exercise. Approximately 65% of the facility is now hedged with a fixed margin of 4.08% for five years, with the remaining portion subject to variable interest rates.”
• “The London luxury hotel market has become increasingly competitive, with a significant expansion in room capacity. An estimated 1,000 new luxury rooms were added in 2024, following an increase of 857 rooms in 2023.”

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

1

last 12 months

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

• Turnover

  -3.6%

  £23,037,672 → £22,211,085

• Cash

  +9.1%

  £758,474 → £827,383

  highest in 3 filed years

• Net assets

  -1%

  £95,155,472 → £94,184,452

• Employees

  +9.2%

  185 → 202

  highest in 3 filed years

• Operating profit

  -8.7%

  £5,071,437 → £4,629,032

• Profit before tax

  -3,163%

  -£59,901 → -£1,954,552

  lowest in 3 filed years

• Wages

  -3%

  £6,659,310 → £6,457,058

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