BRITANNIA HOTELS NO.2 LIMITED

• ⚠

  Annual accounts overdue

  Due 2026-03-31.

• ◆

  3 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

BDO LLP Statutory Auditor

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors consider that the application of going concern is appropriate having regard to confirmation of shareholder support received and the fact that the company operates in the wider context of the entities detailed in note 16 The directors perform an annual review of the entity's ability to continue to operate as a going concern, taking into account expected cashflows and the ability to source funding from other group companies, controlling parties and external parties On this basis the directors consider it appropriate to adopt the going concern basis”

Group structure

1. BRITANNIA HOTELS NO.2 LIMITED · parent
   1. Britannia Jinky Jersey Limited · UK
   2. Britannia Hotels (Fylde) Limited · UK
   3. Britannia Hotels Payroll Limited · UK
   4. Britannia Hotels Limited · UK
   5. Ambassador (East Cliff) Limited · UK
   6. Parkhead Developments (Manchester) Limited · UK
   7. Mjalby Hotels Limited · UK
   8. Gold Diamond D Sunderland 2005 Ltd · UK
   9. Gold Diamond D Sprowston Manor 2005 Lid · UK
   10. Gold Diamond D Meon Valley 2005 Ltd · UK
   11. Gold Diamond D Hollins Hall 2005 Ltd · UK
   12. Gold Diamond D Newcastle Gosforth Park 2005 Ltd · UK

Significant events

• “The gross margin achieved for the year equated to 53% (2023 58%) This margin represents a credible performance achieved during a period of difficult trading conditions which continue_to_limit_the_opportunities-for-growth”
• “As with all businesses over the past year the directors have continued to respond to the impact of current events in Europe & the rest of the world which continue to impact the industry and lead to new challenges”
• “Fuel costs continue to be a main focus for the year ahead, we have already set up monitoring systems designed to reduce consumption of utilities across all sites which will both enable costs savings and reduce our carbon consumption”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +11.9%

  £75,008,000 → £83,913,000

• Cash

  +161.7%

  £2,052,000 → £5,371,000

• Net assets

  -0.5%

  £162,080,000 → £161,229,000

• Employees

  +19.3%

  920 → 1,098

• Operating profit

  -114%

  £7,866,000 → -£1,099,000

• Profit before tax

  -114%

  £7,866,000 → -£1,099,000

• Wages

  +38.2%

  £26,973,000 → £37,264,000

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