BAY RESTAURANT GROUP LIMITED

1. BAY RESTAURANT GROUP LIMITED 2008-03-18 → present
2. NEW RESTAURANT HOLDING COMPANY LIMITED 2008-03-10 → 2008-03-18
3. DWSCO 2733 LIMITED 2007-12-19 → 2008-03-10

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The Company's principal activities, together with the principal risks and uncertainties likely to affect its future development, performance and position are set out in the Strategic Report on page 2. ... Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis. The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Group structure

1. BAY RESTAURANT GROUP LIMITED · parent
   1. Yates Group Pension Trustees Limited 100% · UK · Dormant
   2. Laurel Pension Trustee Company Limited 100% · UK · Dormant
   3. Slug and Lettuce Company Limited 100% · UK · Operation of licensed bars

Significant events

• “Loss after tax for the 53 weeks ended 29 September 2024 was £955,000 (2023 profit: £1,308,000), driven predominantly by an increase in the cost of the Laurel Pub pension scheme.”
• “The Company has net liabilities of £74,688,000 (2023: £81,679,000) as at the balance sheet date.”
• “In order to mitigate cost inflation, beer contracts have been renegotiated in the year and are locked in for three years whilst the wines and spirits contracts are currently being tendered.”
• “During the period the Group refinanced the majority of its borrowings to extend the maturity. This has resulted in reduced debt but slightly higher interest rates.”
• “During the period the Group restructured and moved 1,034 pubs into four distinct subsidiary companies, over which it then raised £638 million of new debt.”

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

Filings

4

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +8.6%

  -£81,679,000 → -£74,688,000

• Employees

  —

  Not reported

• Operating profit

  -203.1%

  £1,026,000 → -£1,058,000

• Profit before tax

  -248.8%

  £856,000 → -£1,274,000

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