THE HOXTON (SHOREDITCH) LIMITED

1. THE HOXTON (SHOREDITCH) LIMITED 2014-07-25 → present
2. HOXTON HOTELS (SHOREDITCH) LIMITED 2012-07-06 → 2014-07-25
3. WILLOW STREET HOTEL LIMITED 2004-05-04 → 2012-07-06
4. QUEST HOTELS LIMITED 1999-10-04 → 2004-05-04
5. NEW BRITAIN HOTELS LIMITED 1999-09-30 → 1999-10-04

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared cash flow forecasts for the period to 31 December 2026. The Company's cash flow forecasts indicate that in the forecast period the Company will have sufficient funds to meet all its contractually committed expenditure. The Company meets its day-to-day working capital requirements through cash generated by operations, debt facilities which contain financial covenants, and intercompany balances. The Company does not have any external borrowings but a loan in its parent company is secured on the property and the service of this debt along with the compliance with covenants has been considered as part of the going concern exercise. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and have prepared the financial statements on a going concern basis.”

Group structure

1. THE HOXTON (SHOREDITCH) LIMITED · parent
   1. WS Hotels Properties (Shoreditch) Limited 100% · England and Wales

Significant events

• “The retention or future imposition of travel restrictions and quarantine requirements by governments across the world, dramatically reducing the demand for international travel.”
• “A future pandemic, or variation of COVID-19 that is not able to be contained by a vaccine.”
• “Changes in travel patterns of both business and leisure travellers, particularly during periods of economic contraction or low levels of economic growth.”
• “Changes in national and local economic and business conditions, including the effects of the United Kingdom's withdrawal from the European Union, and other factors such as natural disasters, weather, pandemics, changes in the international political climate, and the occurrence or potential occurrence of terrorist attacks.”
• “Changes in taxes and governmental regulations that influence wages, hotel employee health care costs, prices, interest rates, or construction and maintenance procedures and costs.”
• “Operating risks associated with the hotel business, including the effect of increasing labour costs or changes in workplace rules that affect labour costs.”
• “Reduction in international travel as a result of climate concerns of business and leisure travel and the development of new communication technologies.”
• “Supply growth in markets in which we are invested, which may adversely affect demand at our hotels; and”
• “Cyber threats and the risk of data breaches or disruptions to our managers' or our own information technology systems could materially adversely affect our business and financial reporting.”
• “The company is a guarantor under the financing facility taken out by the parent company, Archer Shoreditch Limited. This loan totals £135m, expires in 2028 and includes the Hoxton Holborn hotel within the portfolio financing.”

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

Filings

3

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.