TIR PRINCE RACEWAY LIMITED

1. TIR PRINCE RACEWAY LIMITED 1989-04-26 → present
2. NORTH WALES HARNESS RACING LTD. 1988-12-16 → 1989-04-26
3. SIMCROFT LIMITED 1988-08-15 → 1988-12-16

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 102

Reporting scope

Consolidated group

Auditor

Salisbury & Company Business Solutions 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 and 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. TIR PRINCE RACEWAY LIMITED · parent
   1. Llandudno Pier Limited 100% · United Kingdom
   2. Llandudno Pier Trading Limited 100% · United Kingdom
   3. Tir Prince Properties Limited 100% · United Kingdom
   4. Kinmel Arms Ltd 100% · United Kingdom
   5. Rhos Point Ltd 100% · United Kingdom
   6. Rhos Point Trading Ltd 100% · United Kingdom

Significant events

• “The Group has continued to invest in fixed assets, including the acquisition of a new mobile bar unit, alongside upgrades to attractions and entertainment centres. The business traded well overall, supported by sending some of the Group attractions, including the Ferris Wheel and Carousel to major UK cities such as Sheffield and London, generating additional travelling revenue alongside on-site performance.”
• “The group are looking to develop the land at the former Llandudno Pier Pavilion which is adjacent to Llandudno Pier. The group is also looking towards 2027 as a big year for Llandudno Pier, which will be celebrating its 150th anniversary as well as other important anniversaries in the local town, all of which should contribute towards an increase in activity, and hopefully, in trade. The group are also looking forward to future opportunities that will arise from the purchase of the Tir Prince site. The group look forward to sending attractions round the country again in the coming year.”

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

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

  -5.4%

  £8,761,820 → £8,284,655

• Cash

  +17.3%

  £376,690 → £441,717

  highest in 3 filed years

• Net assets

  +4.2%

  £9,315,164 → £9,709,415

  highest in 3 filed years

• Employees

  -4.9%

  162 → 154

• Operating profit

  -4.6%

  £1,092,837 → £1,042,068

• Profit before tax

  -18.6%

  £686,860 → £559,010

• Wages

  +6.3%

  £2,635,395 → £2,802,499

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