MANDARIN ORIENTAL RESIDENCES MANAGEMENT (UK) 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 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on a going concern basis since they have a reasonable expectation that the company has adequate resources to continue in existence for at least 12 months from the date of signing the financial statements. As at 31 December 2024, the company held a healthy positive cash balance of £2,974,000.”

Significant events

• “Subsequent to the balance sheet date, it was identified that a fellow group company has surrendered tax losses over a number of years to the Company for nil consideration. The tax benefit received from the loss surrender in each financial year is shown in the tax reconciliation in note 10. The fellow group company has received legal advice in relation to this matter and has taken appropriate measures to address and remediate the position by entering into an intercompany payment agreement with the Company after the balance sheet date for it to be compensated for the historic value transferred. The fair value of consideration to be paid to the surrendering company for the losses is being worked through as at the date of signing these financial statements. Once the final amounts are determined, the Company, in its next financial statements, will recognise an intercompany payable to the surrendering entity.”

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

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

  +11.6%

  £606,000 → £676,000

• Cash

  +34.7%

  £2,208,000 → £2,974,000

• Net assets

  +8.8%

  £6,505,000 → £7,079,000

• Employees

  —

  Not reported

• Operating profit

  +13.3%

  £593,000 → £672,000

• Profit before tax

  +13.3%

  £593,000 → £672,000

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