QUY INVESTMENTS LIMITED

• ⚠

  Material uncertainty over going concern

  We draw your attention to the going concern disclosure in Note 2, which indicates that the group is currently marketing the hotel for sale. These events indicate the existence of a material uncertainty which may cast significant doubt on the group's ability to continue as a going concern.

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

Consolidated group

Auditor

Clive Owen LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw your attention to the going concern disclosure in Note 2, which indicates that the group is currently marketing the hotel for sale. These events indicate the existence of a material uncertainty which may cast significant doubt on the group's ability to continue as a going concern.”

Group structure

1. QUY INVESTMENTS LIMITED · parent
   1. Munro Leisure Investments Limited 100% · England and Wales · Hotelier and leisure facilities

Significant events

• “The business suffered from a sharp rise in interest rates on the borrowings but improved trading at Munro led to lower losses. Post year end, planning permission has been granted for an increase at the hotel to 98 rooms from the current 51. The group is exploring options for a potential sale of the hotel, and the bank loan was refinanced.”

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

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

  +12.3%

  £2,891,546 → £3,246,590

• Cash

  -72.9%

  £336,658 → £91,120

• Net assets

  -36.8%

  -£2,372,041 → -£3,245,448

• Employees

  +21.7%

  60 → 73

• Operating profit

  +45.5%

  -£447,813 → -£244,250

• Profit before tax

  +9.5%

  -£737,804 → -£667,796

• Wages

  +12.9%

  £1,266,205 → £1,429,873

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