DELAWARE NORTH COMPANIES (UK) HOSPITALITY SERVICES LIMITED

1. DELAWARE NORTH COMPANIES (UK) HOSPITALITY SERVICES LIMITED 2004-10-18 → present
2. INTERCEDE 1957 LIMITED 2004-06-29 → 2004-10-18

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 assessed the prospects of the company to meet liabilities as they fall due over the coming twelve months. In making this assessment, they have considered both a base case cash flow forecast using best estimates for trading over the next year, as well as a sensitised forecast including the principal risks and uncertainties outlined in the Strategic Report. The company has net current liability of £44 2m (2023 £44 1m) and is reporting overall net liabilities of £40 9m (2023 £40 0m) and therefore is reliant on the support of the wider Delaware North Group in order to support the long-term operations of the company The directors have received written assurance from the ultimate parent undertaking, Delaware North Companies Inc, that it will continue to support the company and provide adequate funds so that the company can meet its liabilities for a period of at least 12 months from the date of approval of the financial statements. The Directors, having considered the above and the financial position of Delaware North Companies Inc, continue to adopt the going concern basis in preparing the financial statements with reasonable expectation that the Company will continue in operational existence for the foreseeable future.”

Significant events

• “The company has secured a new catering contract at Sunderland AFC in 2025 This opportunity not only strengthens our presence in the event and sports catering sector but also showcases our capability to deliver high-quality service on a large scale”

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

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -1.3%

  £50,240,104 → £49,594,598

• Cash

  +167.4%

  £480,004 → £1,283,622

• Net assets

  -2.3%

  -£39,992,699 → -£40,914,121

• Employees

  +10%

  70 → 77

• Operating profit

  +21.3%

  £921,743 → £1,118,245

• Profit before tax

  +21%

  -£1,166,914 → -£921,422

• Wages

  +1.1%

  £14,486,294 → £14,645,862

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