BLENHEIM VISITORS LIMITED

• ⚠

  Material uncertainty over going concern

  As visitor numbers continue to recover the Company's financial position will improve although support from other companies in the wider Blenheim Estate is required. Stress testing indicates that should visitor numbers fall again a higher level of support will be required. In the context of the wider Blenheim Estate, the Company receives financial support from the Vanbrugh Unit Trust Group, specifically Blenheim Finance Limited. With this ongoing support, the Directors.consider that the Company will have sufficient working capital and cashflows to meet its liabilities as they fall due for at least one year from the date of approval of these financial statements. However, this support is not legally binding and could be withdrawn which indicates that a material uncertainty exists which may cast doubt on the Company's ability to continue as a going concern and therefore its ability to realise its assets and discharge. its liabilities in the normal course of business.

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As visitor numbers continue to recover the Company's financial position will improve although support from other companies in the wider Blenheim Estate is required. Stress testing indicates that should visitor numbers fall again a higher level of support will be required. In the context of the wider Blenheim Estate, the Company receives financial support from the Vanbrugh Unit Trust Group, specifically Blenheim Finance Limited. With this ongoing support, the Directors.consider that the Company will have sufficient working capital and cashflows to meet its liabilities as they fall due for at least one year from the date of approval of these financial statements. However, this support is not legally binding and could be withdrawn which indicates that a material uncertainty exists which may cast doubt on the Company's ability to continue as a going concern and therefore its ability to realise its assets and discharge. its liabilities in the normal course of business.”

Group structure

1. BLENHEIM VISITORS LIMITED · parent
   1. Love Water Limited 90% · United Kingdom · Supply and delivery natural mineral water

Significant events

• “On 7 July 2025, the Company transferred the assets and liabilities of the Defined Benefit Pension Scheme to a third party. The pension surplus of £3,113,000 has not been recognised at 31 March 2025 and so at the date of the transfer the Company will realise a surplus. Professional fees associated with the transfer will be recognised in the year ending 31 March 2026.”
• “On 19 September 2025, the Company sold the water business to a third party buyer for £255,264. The Company will receive an annual royalty fee from the third party buyer. The turnover generated by the water business was £1,250,892 in the year ended 31 March 2025 (2024 - £1,355,501) and so in future years the Company will not generate this revenue.”

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

  +15.4%

  £8,801,869 → £10,156,854

• Cash

  +1.1%

  £232,037 → £234,548

• Net assets

  +42.1%

  -£1,715,106 → -£992,511

• Employees

  +6.4%

  140 → 149

• Operating profit

  +161.7%

  £205,188 → £536,919

• Profit before tax

  +1,308.2%

  -£30,668 → £370,536

• Wages

  +24.3%

  £2,443,837 → £3,038,630

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