SPIRIT PUB COMPANY (TRENT) LIMITED

1. SPIRIT PUB COMPANY (TRENT) LIMITED 2011-06-30 → present
2. PUNCH PUB COMPANY (TRENT) LIMITED 2009-05-27 → 2011-06-30
3. SPIRIT MANAGED (TRENT) LIMITED 2006-03-16 → 2009-05-27

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 'Reduced Disclosure Framework'

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Spirit Pub Company (Trent) Limited has net current liabilities of £21,560,000. Greene King Limited has agreed to provide continuing financial support to enable the company to meet its obligations as and when they fall due for a period of at least 12 months from the date of approval of the financial statements. The directors of the company have made enquiries of the directors of Greene King Limited to confirm that they are satisfied the financial support will be available and accordingly continue to prepare the financial statements on a going concern basis.”

Significant events

• “On 7 February 2024, Greene King Limited provided the company with an interest free repayable on demand loan of £48,288,263. On 8 February 2024, Greene King Limited waived the entire amount lent to the company which has been recognised as a capital contribution in retained earnings in the period.”
• “At 29 December 2024, there was an IAS 19 net pension asset of £1,184,000 representing a decrease of £2,028,000 since 31 December 2023.”
• “The reduction in pub numbers relates entirely to disposals during the period.”
• “The reassessment in the current period resulted in a lease liability reduction of £24,280,000.”
• “The company is aware of the 2023 High Court ruling relating to the validity of certain historical pension changes in the case of Virgin Media Limited, and the appeal to the Court of Appeal which was dismissed in 2024.”
• “The Spirit Pension scheme has undertaken two buy-ins which provides insurance for a proportion of its members; the total insured value is £160m.”

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

1

last 12 months

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

• Turnover

  -2.8%

  £45,577,000 → £44,294,000

• Cash

  +143.1%

  £5,598,000 → £13,611,000

• Net assets

  +63.6%

  -£64,841,000 → -£23,586,000

• Employees

  —

  Not reported

• Operating profit

  -80%

  -£1,025,000 → -£1,845,000

• Profit before tax

  -26.4%

  -£3,792,000 → -£4,792,000

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