MERIDIAN HOTEL OPERATIONS 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

Standalone (parent only)

Auditor

MHA Audit Services LLP

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 company'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.”

Significant events

• “FY25 was an excellent year for the business with record revenues and improved profit. The business has successfully focused on driving occupancy while managing market pressure on average day rates. The hotel has a substantial meetings & events business which grew significantly through a strong pipeline of repeat and new events plus it benefited from the first full year of operation of the second ballroom.”
• “Up until 18th August 2024, the immediate parent of the company was Meridian Hotel Holdings Limited, a company registered in England and Wales. On 19th August 2024, the immediate parent of the company changed to Greenwich Holdings Limited, a company registered in Jersey.”
• “Up until 3 October 2024, the ultimate controlling entity of the company was Apex Financial Services (Trustees) Limited, a regulated trust company administered in Jersey. On 4 October 2024, the ultimate controlling entity of the company changed to JTC Trustees Limited, a regulated trust company administered in Jersey.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +11.5%

  £54,359,791 → £60,635,370

• Cash

  +178%

  £1,792,447 → £4,982,533

• Net assets

  +127.2%

  -£3,168,938 → £862,775

• Employees

  -2.7%

  372 → 362

• Operating profit

  +3,884.7%

  £135,968 → £5,417,955

• Profit before tax

  +3,884.7%

  £135,968 → £5,417,955

• Wages

  +4.6%

  £10,085,017 → £10,551,126

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