WOLVERHAMPTON RACECOURSE LIMITED

1. WOLVERHAMPTON RACECOURSE LIMITED 2007-12-31 → present
2. DUNSTALL PARK CENTRE LIMITED 1996-09-20 → 2007-12-31
3. THE WOLVERHAMPTON RACECOURSE LIMITED 1991-07-09 → 1996-09-20
4. RACECOURSE LEISURE PROPERTIES LIMITED 1989-09-05 → 1991-07-09
5. LINGFIELD PARK (PROPERTIES) LIMITED 1987-12-09 → 1989-09-05
6. ROASTBAY LIMITED 1987-08-31 → 1987-12-09

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

Adler Shine LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the company's forecasts and projections for not less than 12 months from the date of approval of these financial statements and taking into account current financial resources, the directors have a reasonable expectation that Wolverhampton Racecourse Limited has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties that give rise to significant doubt as to the company's ability to continue to prepare its financial statements on a going concern basis. Further details regarding the directors' considerations in drawing this conclusion are provided in note 2.3 to the financial statements.”

Significant events

• “Turnover for the year ended 31 December 2024 was £17,058,973 (2023: £19,149,265), a decrease reflecting growing cost of living and leisure spend competition. Operating profit decreased from £3,782,018 in 2023 to £1,462,311 in 2024. Investment in fixed assets was restricted to essential works.”

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

1

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

  -10.9%

  £19,149,265 → £17,058,973

• Cash

  +47.6%

  £152,007 → £224,420

• Net assets

  +8%

  £31,371,302 → £33,869,500

• Employees

  +7.4%

  27 → 29

• Operating profit

  -61.3%

  £3,782,018 → £1,462,311

• Profit before tax

  -49.7%

  £4,421,677 → £2,224,286

• Wages

  -3.4%

  £2,211,541 → £2,135,420

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