SHUDEHILL HOTEL COMPANY LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors prepared cash flow forecasts indicating sufficient cash to meet liabilities for a period not less than twelve months from approval date. The company is financed principally through a group bank facility and loans from a related entity, both extended in the year. Directors are satisfied company is a going concern.”

Significant events

• “On 12 March 2024 the £1.6m debenture loan from Foremount Limited was repaid in part being £1m and the remaining £600k was extended out with a revised repayment date of 12 March 2029.”
• “On 1 July 2024, the existing debenture loan from Foremount Limited of £4.025m was extended out with a revised repayment date of 1 July 2029.”
• “On 31st January 2024, a groupwide facility was entered into, the total facility for the group was for £23m, over a 12-year term, with final repayment date of 31st January 2036. Subsequently the Bank debt as disclosed in the prior year's financial statements as being falling due within one year has been extended out to now fall due after one year.”
• “The Board obtained a professional valuation of the hotel in Q4 2024, and, after giving due consideration to the current market value of the Crowne Plaza Manchester City Centre, and the current UK Hotel Investment market, decided based upon the valuation report to recognise a decrease in value.”

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

Filings

4

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

  -3.7%

  £8,688,710 → £8,366,724

• Cash

  -61.6%

  £3,866,631 → £1,486,405

• Net assets

  -5.1%

  £17,710,610 → £16,807,590

• Employees

  +6.3%

  64 → 68

• Operating profit

  -21.8%

  £2,184,219 → £1,707,449

• Profit before tax

  -21.1%

  £1,112,766 → £877,759

• Wages

  +8%

  £2,131,436 → £2,301,442

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