THE SOLIHULL HOTEL COMPANY LIMITED

• ⚠

  Material uncertainty over going concern

  The audit evidence available to us to confirm the appropriateness of preparing the financial statements on the going concern basis was limited because we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion in respect of the following matter which underpins the use of the going concern basis of accounting: While we note that the Group has received GBP£5m as an equity injection in September 2025, we have been unable to obtain sufficient appropriate audit evidence on DTP Inter Holdings Pte Limited's ("DTP IH") ability to provide further financial support to the Group as is expected to be required for at least the next 12 months from the date of issuance of these financial statements.

• ◆

  Audit opinion: Disclaimer of opinion

  Latest auditor's report carried a non-clean opinion.

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. THE SOLIHULL HOTEL COMPANY LIMITED 1987-10-09 → present
2. FLOODTIDE LIMITED 1987-09-04 → 1987-10-09

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

KPMG

Audit opinion

Disclaimer of opinion

Going concern

Material uncertainty disclosed

“The audit evidence available to us to confirm the appropriateness of preparing the financial statements on the going concern basis was limited because we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion in respect of the following matter which underpins the use of the going concern basis of accounting: While we note that the Group has received GBP£5m as an equity injection in September 2025, we have been unable to obtain sufficient appropriate audit evidence on DTP Inter Holdings Pte Limited's ("DTP IH") ability to provide further financial support to the Group as is expected to be required for at least the next 12 months from the date of issuance of these financial statements.”

Significant events

• “On 12 September 2024, the Group completed the refinancing for senior and mezzanine term loan and capital expenditure ("capex") loan facilities for a total amount of up to £296.04 million and £13.96 million respectively for a tenure of 24 months from the first utilisation date with three (3) extension options of 12 months each up to September 2029, subject to applicable terms and conditions.”
• “On 27 June 2025, the Group completed a draw-down of the mezzanine capex loan facility for a total amount of £945k.”
• “At the same time, the Group entered into a new interest rate cap to mitigate interest exposure. The interest rate cap had a notional amount of £945k, an effective interest rate of 3.2% per annum and a maturity date of 21 September 2026.”
• “Subsequent to the end of the reporting period and as at the date of authorisation of these financial statements, a fellow subsidiary has received an unsecured interest-free loan from PPC, via PPC Hospitality UK Company Limited, to support the ongoing operating expenditures, capital expenditures, and working capital requirements of the Company and other fellow subsidiaries.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  +5.9%

  £5,760,000 → £6,102,000

• Cash

  +40.4%

  £89,000 → £125,000

• Net assets

  -4.4%

  £11,493,000 → £10,983,000

• Employees

  +2.3%

  86 → 88

• Operating profit

  +20%

  £441,000 → £529,000

• Profit before tax

  +19%

  £441,000 → £525,000

• Wages

  +11.1%

  £1,697,000 → £1,885,000

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