WIVENHOE HOUSE HOTEL LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least twelve months-from when the financial statements are authorised for issue. The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that the company will have sufficient funds to meet its liabilities as they fall due. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”

Significant events

• “The Hotel has made a loss of £393k before impairment of the hotel value in 2024-25 compared to a loss of £242k in 2023-24 and £244k in 2022-23. Given this is the third consecutive year the hotel has made a loss, the remaining leasehold value of the asset has been impaired to £0 from £5,833,750.”
• “During the year, the Hotel introduced a Voluntary Severance Scheme (VSS) which was open to all employees. The cost of the scheme, was £47k and is included within wages and salaries (see note 7). The cost was reimbursed by The University of Essex and is included within other operating income (see note 5).”
• “The cash balance has reduced from £832k in 2024 to £140k in 2025 in order to increase the deposit account balance held by the University of Essex on the Company's behalf (see note 13) and this change was implemented to maximise interest income.”
• “Previously, the Hotel was planning to develop the Picture Gallery room to provide a large bar area to service adjoining rooms. However, this plan has been postponed due to there being greater priorities within the Group's capital investment plans and. as such, the assets in the course of construction of £32k (2024 - £32k, please refer to note 11), consisting of consultants' fees, has been reversed in this financial year.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  +2%

  £3,143,050 → £3,206,389

• Cash

  -83.2%

  £831,854 → £139,893

• Net assets

  -92.8%

  £6,707,408 → £480,668

• Employees

  0%

  85 → 85

• Operating profit

  -2,221.1%

  -£269,272 → -£6,249,981

• Profit before tax

  -2,472.9%

  -£242,011 → -£6,226,740

• Wages

  +8%

  £1,472,338 → £1,590,783

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