NEW HALL HOTEL LIMITED

• ⚠

  Material uncertainty over going concern

  The company is reliant on intergroup loans, derived from shareholder loans that are repayable on demand, not being recalled, as well as the provision of further funds as required, and as such remains reliant on the ongoing support of the ultimate shareholders. Such support is not legally binding, and may be withdrawn, and as such, the directors have identified a material uncertainty related to events or conditions that may cast significant doubt over the company's ability to continue as a going concern for no less than 12 months from the date of approval of the financial statements. Insofar as this support is not legally binding, and may be withdrawn, the directors have identified a material uncertainty related to events or conditions that may cast significant doubt over the company's ability to continue as a going concern for no less than 12 months from the date of approval of the financial statements and, therefore, that it may be unable 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

“The company is reliant on intergroup loans, derived from shareholder loans that are repayable on demand, not being recalled, as well as the provision of further funds as required, and as such remains reliant on the ongoing support of the ultimate shareholders. Such support is not legally binding, and may be withdrawn, and as such, the directors have identified a material uncertainty related to events or conditions that may cast significant doubt over the company's ability to continue as a going concern for no less than 12 months from the date of approval of the financial statements. Insofar as this support is not legally binding, and may be withdrawn, the directors have identified a material uncertainty related to events or conditions that may cast significant doubt over the company's ability to continue as a going concern for no less than 12 months from the date of approval of the financial statements and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business.”

Group structure

1. NEW HALL HOTEL LIMITED · parent
   1. New Hall Hotel (No.2) Limited 100% · England and Wales

Significant events

• “The hotel turnover has increased by 17.6% to £4,035k.”
• “Operating loss before impairment of fixed assets for the period was £1,520k.”
• “EBITDA (before impairment of fixed assets) for the period was negative £1,207k.”
• “The company recognised an impairment charge of £854k over the tangible assets.”
• “Rooms performance showed an increase of 11.5% in occupancy and an increase of £26.05 in revpar.”
• “The business continues to adjust to ongoing volatility in the leisure and hotels market, as well at current wider economic conditions including higher supply costs and interest rates.”

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

  +17.6%

  £3,431,325 → £4,034,662

• Cash

  +378.1%

  £65,175 → £311,610

• Net assets

  -15.7%

  -£20,637,195 → -£23,873,079

• Employees

  -8.6%

  70 → 64

• Operating profit

  +3.9%

  -£2,469,806 → -£2,373,302

• Profit before tax

  +0.7%

  -£3,259,208 → -£3,235,884

• Wages

  -2.2%

  £2,104,470 → £2,057,130

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