WELCOME BREAK SERVICES LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. WELCOME BREAK SERVICES LIMITED 2001-01-31 → present
2. CALLSTORES LIMITED 2000-10-31 → 2001-01-31

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The position of the Group at the balance sheet date was a net asset of £38,848,000 (31 December 2023: £42,934,000). This position reflects the debt funding structure in place for the Group. Whilst there is a net current liability position of £98,355,000 (31 December 2023: £112,403,000) the Directors conclude the going concern basis is appropriate for the reasons discussed in the following paragraphs.”

Group structure

1. WELCOME BREAK SERVICES LIMITED · parent
   1. Petrogas Group NI Limited 100% · Northern Ireland · trunk road service area operator
   2. Applegreen Service Areas NI Limited 100% · Northern Ireland · motorway service area operator
   3. Alliance (GW) Limited 100% · England and Wales · ownership of real estate
   4. PGUK TRSA1 Limited 100% · England and Wales · trunk road service area operator
   5. Applegreen (BK) NI Limited 100% · Northern Ireland · holding company

Significant events

• “new build motorway service area at Rotherham (opened in January 2025)”
• “opened additional Greggs units and remodelled a number of retail stores with a more customer friendly look and feel”
• “further roll-out of more self-checkout tills within the retail units”
• “Q1 2024 was a challenging period for trading marked by subdued consumer confidence. Post Easter, trading was increasingly strong”
• “Bank financing was completed in April 2024 which provided liquidity for the business to build the Rotherham site. The financing consisted of a £50m Term Loan (fully drawn) with £7m Capex Facility (undrawn) and is in place for a 5 year term to 2029.”
• “launch of the Welcome Break Charitable Fund solidifies our commitment to giving back to our local communities and Team Members... over £500,000 has been raised”
• “new partnership with National Emergencies Trust”
• “extension of our Partnership with Macmillan Cancer Support for a further 12 months”
• “transition from fossil fuel vehicles to electric is something that will impact the business in the coming years and plans are well advanced to expand the provision of EV charging at sites.”
• “On 31 May 2024 the Company sold the shares in Hickling Service Area Limited to Welcome Break Group Limited for £1,447,700.”
• “On 8 April 2024 Welcome Break Services Limited entered into a swap agreement for three years. The amount of debt covered by the interest rate swaps was £35,000,000”

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

Filings

7

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

  -0.5%

  £199,983,000 → £198,945,000

• Cash

  +184.8%

  £15,330,000 → £43,658,000

• Net assets

  -9.5%

  £42,934,000 → £38,848,000

• Employees

  +13.9%

  685 → 780

• Operating profit

  -103.4%

  £3,072,000 → -£104,000

• Profit before tax

  -751.5%

  -£524,000 → -£4,462,000

• Wages

  +7%

  £12,254,000 → £13,115,000

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