SRE GS HOLDCO1 LIMITED

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared cash flow forecasts in order to assess the going concern over a period of at least 12 months from the date of their approval of these financial statements. The financial statements of the Group have been prepared on the basis of a going concern, which assumes that the Group will continue its operations for the going concern period and will be able to meet its obli”

Group structure

1. SRE GS HOLDCO1 LIMITED · parent
   1. SRE GP1 Limited · England and Wales · General partner of a limited partnership
   2. SRE GP2 Limited · England and Wales · General partner of a limited partnership
   3. SRE GS Holdco2 Limited 100% · England and Wales · Holding company
   4. SRE Hotels (George St) Limited Partnership 100% · England and Wales · Property investment
   5. SRE Hotels (George Street) Limited 100% · Virgin Islands · Hotel management

Significant events

• “The group made a loss of £1.3m for the year ended 31 December 2024 (2023: profit of £0.7m). Net assets were £52.3m at the year end date (2023: net assets of £62.3m).”
• “A dividend was declared during the year amounting to £8.8m (2023: £nil).”
• “During the year, the Group refinanced its existing bank loan facility. The previous £35m facility was fully repaid and replaced with a new £80m facility on improved terms.”

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

Filings

3

last 12 months

Capital events

2

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

  -1.6%

  £21,670,000 → £21,333,000

• Cash

  +460.8%

  £4,550,000 → £25,517,000

• Net assets

  -16.1%

  £62,334,000 → £52,276,000

• Employees

  —

  Not reported

• Operating profit

  -11.4%

  £3,550,000 → £3,147,000

• Profit before tax

  -89.5%

  £1,782,000 → £188,000

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