THE LOWRY HOTEL LIMITED

1. THE LOWRY HOTEL LIMITED 2014-09-04 → present
2. ROCCO FORTE & FAMILY (THE LOWRY HOTEL) LIMITED 2007-05-08 → 2014-09-04
3. SIR ROCCO FORTE & FAMILY (THE LOWRY HOTEL) LIMITED 2002-05-10 → 2007-05-08
4. SIR ROCCO FORTE & FAMILY (SALFORD) LIMITED 1999-08-20 → 2002-05-10
5. TEMPLECO 445 LIMITED 1999-07-15 → 1999-08-20

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Management have prepared forecasts and projections which indicate that the company has sufficient cash flows to meet its operating commitments over the next 12 months from the date of the approval of these accounts. In order to continue as a going concern the company is reliant on group undertakings not demanding repayment of short term intercompany liabilities unless it has the ability to do so. The company is also reliant on the continued support of CDL Hospitality Real Estate Investment Trust ("HREIT"), the other member of the stapled group with the ultimate holding company of the company, CDL Hospitality Business Trust ("HBT"), to be able to continue to operate as a going concern. A letter of support has been obtained confirming this support for the foreseeable future, being at least one year from the date of approval of these financial statements. Based on the cashflow forecasts prepared, the support offered by HREIT and the directors' assessment of the ability of HREIT to provide the support, the directors are of the opinion that, for the foreseeable future, being twelve months from the approval of these financial statements, the company will be able to meet its liabilities as they fall due. For this reason the directors believe that it remains appropriate to prepare the accounts on the going concern basis.”

Significant events

• “Global conflicts are negatively impacting international travel, while frequent changes to industry regulations and environmental laws add further complexity. The continuous approval of new hotel bed stock by local councils has heightened competition, resulting in periods of excess inventory. Additionally, inflation has risen to 3.8% as of July 2025, contributing to a cost-of-living crisis that reduces hotel occupancy and restaurant revenue. The recent increase in the UK living wage has further pressured hospitality businesses, leading to staff shortages and, in some cases, business closures.”

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

  +2.3%

  £12,845,000 → £13,142,000

• Cash

  +62.9%

  £700,000 → £1,140,000

• Net assets

  -118.2%

  £1,092,000 → -£199,000

• Employees

  -5%

  221 → 210

• Operating profit

  -77.2%

  £984,000 → £224,000

• Profit before tax

  -8,166.7%

  -£9,000 → -£744,000

• Wages

  +10%

  £4,217,000 → £4,639,000

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