PUNCH TAVERNS (SERVICES) LIMITED

1. PUNCH TAVERNS (SERVICES) LIMITED 2012-10-18 → present
2. PUNCH PARTNERSHIPS (PPCS) LIMITED 2009-05-27 → 2012-10-18
3. PUNCH TAVERNS (PPCS) LIMITED 2004-09-02 → 2009-05-27
4. PUNCH PUB COMPANY (SUPPLY) LIMITED 2002-03-18 → 2004-09-02
5. PUNCH PUB COMPANY (ACQUISITIONS) LIMITED 2001-06-26 → 2002-03-18
6. TRUSHELFCO (NO.2812) LIMITED 2001-05-23 → 2001-06-26

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

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After due consideration the directors believe that they have a reasonable expectation that the company has sufficient resources to continue in operational existence for the 12 months from the date of approval of these financial statements, and therefore continue to adopt the going concern in their preparation. Please see note 1 for further details.”

Significant events

• “The Pubs Code went through a 2019-2022 review which was published in October 2023, which concluded that the code was operating as intended. The Pubs Code and Pubs Code Adjudicator review 2022 to 2025 is currently underway.”
• “The Scottish Pubs Code Regulations 2024 came into force in October 2024. Punch has limited pubs within Scotland, 30, which limits any impact on the Group as a whole.”
• “The Group is funded by £640.0 million listed notes at 7.875% due December 2030 and a £85.0 million Revolving Credit Facility ("RCF"), of which £nil was drawn at 10 August 2025. The RCF is due to expire in June 2030. The debt facilities will need to be refinanced at or before the maturity date.”

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.

• Turnover

  +2.6%

  £82,200,000 → £84,334,000

• Cash

  +224%

  £154,000 → £499,000

• Net assets

  -36.4%

  £5,315,000 → £3,381,000

• Employees

  -3.1%

  291 → 282

• Operating profit

  -2,589%

  -£82,000 → -£2,205,000

• Profit before tax

  -1,201.2%

  -£173,000 → -£2,251,000

• Wages

  +0.8%

  £18,611,000 → £18,756,000

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