THE STATION HOTEL (NEWCASTLE) LIMITED

1. THE STATION HOTEL (NEWCASTLE) LIMITED 1993-05-14 → present
2. CAIRN (ABERDEEN) HOTEL LIMITED 1986-06-20 → 1993-05-14
3. SWIFT 1122 LIMITED 1985-11-13 → 1986-06-20

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Group EBITDA generated for the period from 1 May 2025 to 28 February 2026 was £15,354,000 (including one off items) and the Group cash balance as of 28 February 2026 was £5,043,000. ... Even with cost pressures and expected future challenges due to economic and political uncertainties, Group EBITDA is forecast to continue to show growth due to a relentless focus on improving all aspects of the business following a strategic plan. This encouraging forward looking outlook allows the directors to plan for the future with increased certainty and continue to generate anticipated returns from trading. Furthermore, cash reserves allow the directors to carry on with an ambitious capital and repair plan. Given the above, the Directors have concluded that the Company and Group are individually and collectively a going concern.”

Group structure

1. THE STATION HOTEL (NEWCASTLE) LIMITED · parent
   1. SHNL (Holdco 1) Limited 100% · England and Wales · Holding company
   2. Minhoco 40 Limited 100% · England and Wales · Hotel owner and operator
   3. Minhoco 41 Limited 100% · England and Wales · Hotel owner and operator
   4. SHNL (PC1) Limited 100% · England and Wales · Lending money
   5. SHNL (PC2) Limited 100% · England and Wales · Holding company
   6. SHNL (PC3) Limited 100% · England and Wales · Holding company
   7. SHNL (CS) Limited 100% · England and Wales · Management and support services
   8. SHNL (Holdco 2) Limited 100% · England and Wales · Holding company
   9. SHNL (051) Limited 100% · England and Wales · Hotel owner and operator
   10. SHNL (061) Limited 100% · England and Wales · Hotel owner and operator
   11. SHNL (071) Limited 100% · England and Wales · Hotel owner and operator
   12. SHNL (081) Limited 100% · England and Wales · Hotel owner and operator
   13. SHNL (091) Limited 100% · England and Wales · Hotel owner and operator
   14. SHNL (101) Limited 100% · England and Wales · Hotel owner and operator
   15. SHNL (121) Limited 100% · England and Wales · Hotel owner and operator
   16. SHNL (131) Limited 100% · England and Wales · Hotel owner and operator
   17. SHNL (141) Limited 100% · England and Wales · Hotel owner and operator
   18. SHNL (151) Limited 100% · England and Wales · Hotel owner and operator
   19. SHNL (161) Limited 100% · England and Wales · Hotel owner and operator
   20. SHNL (171) Limited 100% · England and Wales · Hotel owner and operator
   21. SHNL (191) Limited 100% · England and Wales · Hotel owner and operator
   22. SHNL (201) Limited 100% · England and Wales · Hotel owner and operator
   23. SHNL (211) Limited 100% · England and Wales · Dormant
   24. SHNL (221) Limited 100% · England and Wales · Hotel owner and operator
   25. SHNL (231) Limited 100% · England and Wales · Hotel owner and operator
   26. SHNL (241) Limited 100% · England and Wales · Hotel owner and operator
   27. SHNL (251) Limited 100% · England and Wales · Hotel owner and operator
   28. SHNL (261) Limited 100% · England and Wales · Hotel owner and operator
   29. SHNL (271) Limited 100% · England and Wales · Hotel owner and operator
   30. SHNL (301) Limited 100% · England and Wales · Hotel owner and operator
   31. SHNL (331) Limited 100% · England and Wales · Hotel owner and operator
   32. SHNL (341) Limited 100% · England and Wales · Hotel owner and operator

Significant events

• “Subsequent to the year end, the Group sold its interest in two properties, via an asset sale and a company sale. The sales yielded £3m of cash which was remitted to HSBC to reduce the bank loan.”

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

Filings

16

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

  +9.2%

  £128,126,000 → £139,866,000

• Cash

  -27.1%

  £10,933,000 → £7,967,000

• Net assets

  +7%

  £94,760,000 → £101,375,000

• Employees

  -8.2%

  2,251 → 2,066

• Operating profit

  +569.1%

  £2,416,000 → £16,165,000

• Profit before tax

  +229.7%

  -£7,257,000 → £9,409,000

• Wages

  -1.6%

  £44,264,000 → £43,566,000

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