COWORTH PARK LIMITED

1. COWORTH PARK LIMITED 2010-04-14 → present
2. AUDLEY HOTELS AND RESORTS SERVICES LIMITED 1996-04-12 → 2010-04-14
3. AUDLEY GROUP OF HOTELS & RESORTS (SERVICES) LIMITED 1996-01-30 → 1996-04-12
4. ALNERY NO. 1515 LIMITED 1995-11-03 → 1996-01-30

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 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have acknowledged the latest guidance on going concern. Management's cash flow forecasts support the Director's opinion that the Company will be able to meets its obligations, as they fall due, for at least for the 12 months from the date on which the accounts are signed. The Company has sensitised the forecasts to consider reasonably possible downside scenarios. The company benefits from the continuing support of its ultimate parent, the Brunei Investment Agency and the director's have considered its ability to provide support. For these reasons, the directors are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements.”

Significant events

• “During 2024 the Company improved the level of revenue of 2023, which was the highest since it opened in 2010.”
• “Rooms revenue remained stable versus 2023, driven by occupancy +3.8 percentage points to 62.4%, whilst Average Room rate decreased by -£41 or -6%, down to £676.0.”
• “Food and beverage revenue saw an increase of £560K for the year finishing at around £8.6M. The increase was mainly driven by Events business and Restaurant Woven by Adam Smith.”
• “Coworth Park continued to invest in capital expenditure to maintain the asset and this will be a continued focus for the future as well.”
• “The utility costs remain high compared to pre-pandemic levels however, we have started seeing a decrease which is good news for the future. Supply chain issues, raising employers National Insurance costs and inflation are still relevant to the business and are expected to continue for the year 2025.”

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

  +2.4%

  £21,107,000 → £21,615,000

• Cash

  -89.3%

  £11,076,000 → £1,186,000

• Net assets

  -6.1%

  -£56,068,000 → -£59,466,000

• Employees

  -1.3%

  232 → 229

• Operating profit

  -22%

  -£2,607,000 → -£3,181,000

• Profit before tax

  -14.8%

  -£3,191,000 → -£3,663,000

• Wages

  +8.4%

  £7,189,000 → £7,795,000

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