TECH UNION UK LTD

• ⚠

  Annual accounts overdue

  Due 2026-03-31.

1. TECH UNION UK LTD 2025-06-12 → present
2. OLD THORNS GOLF HOTEL AND COUNTRY ESTATE (HOLDINGS) LIMITED 2007-03-30 → 2025-06-12
3. FORSTERS SHELFCO 263 LIMITED 2006-12-18 → 2007-03-30

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

Consolidated group

Auditor

UHY Hacker Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Old Thorns revenue has exceeded pre pandemic levels. After careful consideration of the group's forecasts and projections we strongly believe that the business will continue to grow. The directors have a reasonable expectation that the group will continue in operational existence for the foreseeable future.”

Group structure

1. TECH UNION UK LTD · parent
   1. Old Thorns Golf Hotel and Country Estate Limited 100% · United Kingdom · Hotel operations

Significant events

• “During the year capital expenditure included refurbishment of the SPA relaxation rooms, refit of the men's changing rooms, new equipment in the health club and tennis court improvements.”
• “As part of a renewable energy programme additional solar panels were fitted to the hotel in June 23, this will help reduce the companies carbon footprint going forward. Furthermore we now have an agreement with Tesla that the EV charging points in the car park will no longer be restricted to Tesla's and can now be used by all brands of EV which will help with our bid to reduce greenhouse emissions.”
• “During the current and previous year, the group was unable to meet the financial covenants in accordance with the loan agreement which resulted in an Event of Default. As such the lender has reserved the right to recall the loan if they choose to do so. Post year end, upon the loan reaching maturity in June 2024, the loan was successfully renegotiated, extending the maturity date to June 2027.”

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

Filings

5

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

  +10.4%

  £12,868,595 → £14,208,743

• Cash

  -12.4%

  £1,742,676 → £1,526,419

• Net assets

  -4.3%

  -£944,058 → -£984,562

• Employees

  +17.3%

  202 → 237

• Operating profit

  +72.8%

  £1,363,348 → £2,355,605

• Profit before tax

  +746.7%

  £94,858 → £803,169

• Wages

  +13.4%

  £4,716,683 → £5,350,732

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