LEONARDO JOHN DALTON HOUSE LTD

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

UK-adopted international accounting standards

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors acknowledge that the Company is currently in a net liability position. The directors have reviewed the Company's future cash flows to September 2026 and noted the entity has sufficient cash inflows to cover outflows for the period. This is largely due to the extension of Leonardo Royal Hotel Edinburgh and the construction of the new property, NYX Hotel Edinburgh, both of which are expected to be completed in October 2025. New lease agreements will be entered into for each hotel, from their opening date, which will result in an uplift in rental income to the company. The directors are satisfied that the company will be able to meet its obligations as and when they fall due and therefore believe it is appropriate to prepare the financial statements for the Company on a going concern basis. Another group entity has represented that it will continue to provide ongoing financial support to enable the company to meet its financial obligations as relevant. Therefore, the company continues to adopt the going concern basis in preparing the financial statements. The directors are comfortable that the entity providing this support to the entity has sufficient resources to provide this support.”

Significant events

• “In 2022, the company began a large construction project to extend the existing Leonardo Royal Hotel Edinburgh, as well as develop a second hotel property, NYX Hotel Edinburgh, with expected completion date in October 2025. The total costs incurred during the year amounted to £18,474,202 (2023: £6,261,703).”
• “In October 2025, the extension of Leonardo Royal Hotel Edinburgh and construction of the new NYX Hotel Edinburgh are expected to be completed. Upon completion, new lease terms will be agreed with the original property tenants for Leonardo Royal Edinburgh, as well as the new property tenants for NYX Hotel Edinburgh. The new lease agreements will be signed for a period of 20 years. Apart from the above, there were no events subsequent to the balance sheet date that require adjustment to or disclosure in the financial statements.”

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

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

  +8.8%

  £1,263,304 → £1,374,810

• Cash

  +71.7%

  £225,200 → £386,708

• Net assets

  +37.4%

  -£8,865,777 → -£5,546,865

• Employees

  —

  Not reported

• Operating profit

  +7.5%

  £1,075,703 → £1,156,293

• Profit before tax

  +457.4%

  -£1,164,256 → £4,160,737

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