DLT CAPITAL LTD

1. DLT CAPITAL LTD 2012-04-14 → present
2. PATIO HOTEL CORPORATION LIMITED 1989-10-11 → 2012-04-14
3. PATIO HOTELS CORPORATION LIMITED 1989-06-26 → 1989-10-11
4. LE PATIO HOTELS LIMITED 1988-12-14 → 1989-06-26
5. RACESOUND LIMITED 1988-06-24 → 1988-12-14

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

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. DLT CAPITAL LTD · parent
   1. Patio Hotels (UK) Limited 100% · London
   2. Kin Hotel (Inverness) Limited 75% · London
   3. Kingsmills Hotel (Inverness) Limited 90% · Aberdeen
   4. DLT Yachting Limited 100% · London
   5. Patio Hotel (Clydebank) Limited 100% · London
   6. Twelve Ness Walk Limited 75% · Aberdeen

Significant events

• “Following the acquisition of 21-23 Church Street in October 2017, planning permission was obtained in June 2018 to convert this used office building into a 72 bedroom city centre hotel. The Directors had to put the development on hold during the coronavirus outbreak and are now pleased to report that the main construction contract will commence in the latter quarter of 2025 with an anticipated opening in the first three months of 2027.”

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

Filings

5

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

  +8.9%

  £16,580,834 → £18,054,622

• Cash

  +4.5%

  £2,347,860 → £2,454,014

• Net assets

  -6.8%

  £21,077,175 → £19,648,247

  first positive since 2022

• Employees

  +3.6%

  275 → 285

  highest in 3 filed years

• Operating profit

  +19.4%

  £1,650,329 → £1,970,225

• Profit before tax

  +204.3%

  £113,572 → £345,572

• Wages

  +5.9%

  £5,393,145 → £5,711,237

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