MALMAISON TRADING 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 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Notwithstanding net current liabilities of £64,908,000 as at 30 September 2024 the financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts for the Company for a period of at least 12 months from the date of approval of these financial statements ("the going concern assessment period"). The directors have given careful consideration to the current challenging macro-economic environment, including high energy prices, general cost inflation and interest rates. In forming their view the directors have taken into consideration that Frasers Property Limited, the penultimate parent company, has provided a letter of support to the directors of the Company to confirm that it intends, should the need arise, to provide financial and/or other support to the Company, including, if required, not seeking repayment of amounts currently made available (Note 12 - £106,237,000 at 30 September 2024), for the year. Having performed this assessment, the directors are confident that the Company will have sufficient funds to continue in operational existence by meeting its liabilities as they fall due for payment for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis. As with any entity placing reliance on other group entities for financial support, the Board acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. As a result, the directors believe that it is appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “Manchester Deansgate opened in February 2024, adding 70 additional available rooms.”
• “Compensation income relates to compensation received from third party developer, for the delayed opening of Malmaison Deansgate.”

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

  +5%

  £93,282,000 → £97,935,000

• Cash

  +40%

  £5,872,000 → £8,221,000

• Net assets

  -14.4%

  -£82,315,000 → -£94,183,000

• Employees

  +4.2%

  1,225 → 1,276

• Operating profit

  -166.7%

  -£3,707,000 → -£9,888,000

• Profit before tax

  -166.7%

  -£3,707,000 → -£9,888,000

• Wages

  +9.5%

  £25,660,000 → £28,097,000

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