ADCG HOTELS 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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Barnes Roffe LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. As part of the assessment of the appropriateness of adopting the going concern basis when preparing the financial statements, the directors have considered the current strength of the company's liquidity, recent trading performance indicators and the potential impact of forecast scenarios on the company's financial position for the period through to 30 June 2026. The company has made enquiries testing the assumptions against different forecast scenarios. In the base case, it assumes an increase in the occupancy rate and average daily rate in 2025 based on the best estimates from the directors. This is supported by the completion of the renovation of the guest rooms which took place from January to October 2024. The directors have been able to form a reasonable expectation that the company has adequate resources to continue in operation for the period through to 30 June 2026. The directors therefore consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “The occupancy rate is expected to increase in 2025 due to the completion of the renovation of the guest rooms which took place from January to October 2024. The Average Daily Rate is also expected to increase due to the completion of the renovation.”

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

  -6.7%

  £13,279,000 → £12,386,000

• Cash

  +7.5%

  £1,521,000 → £1,635,000

• Net assets

  -5.4%

  £8,863,000 → £8,381,000

• Employees

  +2.1%

  94 → 96

• Operating profit

  -19.1%

  £2,923,000 → £2,365,000

• Profit before tax

  -62.3%

  £1,043,000 → £393,000

• Wages

  +2.5%

  £3,088,000 → £3,164,000

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