CLASSIC COLLECTION HOLIDAYS LIMITED

• ⚠

  Material uncertainty over going concern

  On 30 June 2024, the Company transferred its trade and assets to Classic Collection Holdings Limited, another indirect subsidiary of On the Beach Group plc. Following the sale, the Company ceased trade and will remain non-trading for the foreseeable future. As the Directors do not intend to acquire a replacement trade, they have prepared the financial statements on a basis other than going concern. No adjustments were necessary to the amount which the remaining assets and liabilities are included in the financial statements.

1. CLASSIC COLLECTION HOLIDAYS LIMITED 2002-04-16 → present
2. ADUR LEISURE LIMITED 1980-08-14 → 2002-04-16

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“On 30 June 2024, the Company transferred its trade and assets to Classic Collection Holdings Limited, another indirect subsidiary of On the Beach Group plc. Following the sale, the Company ceased trade and will remain non-trading for the foreseeable future. As the Directors do not intend to acquire a replacement trade, they have prepared the financial statements on a basis other than going concern. No adjustments were necessary to the amount which the remaining assets and liabilities are included in the financial statements.”

Group structure

1. CLASSIC COLLECTION HOLIDAYS LIMITED · parent
   1. Classic Collection Aviation Ltd · Transport broker
   2. Saxon House Properties Ltd · Property manager

Significant events

• “On 30 June 2024, the Company's trade, asset and liabilities were sold to Classic Collection Holdings Limited. The profit on disposal was calculated as: 2,365,000.”
• “On 11 March 2024, the Board made the decision to cease the Classic Collection Holidays operation and to not attempt to sell the business... Classic Collection Holidays finally ceased operations on 30 June 2024.”

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

2

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

  -41.7%

  £58,078,000 → £33,888,000

• Cash

  —

  Not reported

• Net assets

  -200%

  £220,000 → -£220,000

• Employees

  -26.4%

  159 → 117

• Operating profit

  +83.2%

  -£1,725,000 → -£289,000

• Profit before tax

  +87.4%

  -£1,741,000 → -£220,000

• Wages

  -26.6%

  £5,164,000 → £3,792,000

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