WEMBLEY (HOTEL TRADING) LIMITED

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

1. WEMBLEY (HOTEL TRADING) LIMITED 2015-07-07 → present
2. QUINTAIN WO5 (HOTEL TRADING) LIMITED 2006-04-07 → 2015-07-07
3. SHELFCO (NO. 3219) LIMITED 2006-02-08 → 2006-04-07

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

Grant Thornton UK LLP

Audit opinion

Qualified

Going concern

Affirmed

“After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company has received a letter of support from Al Habtoor Investment LLC., their ultimate parent undertaking, that states they will continue to provide financial support to allow the company to continue to trade and meet its liabilities as they fall due for a period of at least 12 months from the date of signature of the audit report.”

Significant events

• “During the year ended 31 December 2024, the Company experienced a significant improvement in both financial and operational performance. Total revenue increased by £2,983k YOY, comprising a £2,530k uplift in accommodation revenues and a £453k increase in food and beverage income.”
• “During the year 2024, a write-off of £1,873k to other income of unnecessary accruals and VAT payable has been posted.”

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

Filings

2

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

  +14.5%

  £20,619,817 → £23,603,231

• Cash

  -7.3%

  £3,456,140 → £3,203,427

• Net assets

  +33.2%

  -£5,568,454 → -£3,720,716

• Employees

  +16.8%

  143 → 167

• Operating profit

  +98.7%

  -£1,856,417 → -£25,046

• Profit before tax

  +199.5%

  -£1,856,417 → £1,847,738

• Wages

  +7.2%

  £4,408,634 → £4,727,706

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