HOSPITALITY & CAPITAL MANAGEMENT LIMITED

• ⚠

  Material uncertainty over going concern

  The Director's intention is to transfer the trade, assets and liabilities into a sister company within 12 months of approval of the financial statements, therefore the financial statements have been prepared on a basis other than going concern. The amount due to HMRC in respect of VAT will remain in the company and will be guaranteed by the sister Company.

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

MHA, Chartered Accountants & Statutory Auditors

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Director's intention is to transfer the trade, assets and liabilities into a sister company within 12 months of approval of the financial statements, therefore the financial statements have been prepared on a basis other than going concern. The amount due to HMRC in respect of VAT will remain in the company and will be guaranteed by the sister Company.”

Significant events

• “Post year end, the Company has the intention to transfer it's trade, assets and liabilities to an associate sister Company as part of a proposed restructuring of the Group's operations, see note 2.2 for further information.”
• “During the year, as part of a debt finance restructure within the Group, the Company disposed of it's Burton Hotel to an associated sister Company at NBV, see discontinued operations on the Profit and Loss Account.”

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

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

  -12.5%

  £12,334,451 → £10,787,383

• Cash

  +55.5%

  £657,924 → £1,022,893

  highest in 9 filed years

• Net assets

  +23.1%

  £7,591,936 → £9,343,967

  highest in 6 filed years

• Employees

  -9.9%

  91 → 82

• Operating profit

  -57.4%

  £5,422,522 → £2,310,164

  first positive since 2021

• Profit before tax

  -57.4%

  £5,396,356 → £2,300,606

  first positive since 2021

• Wages

  -5.8%

  £1,548,197 → £1,457,723

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