L T K GROUP 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

FRS 102

Reporting scope

Consolidated group

Auditor

Gibson Booth

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's 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 group's or the parent 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.”

Group structure

1. L T K GROUP LTD · parent
   1. LTK Hotels Ltd 100% · United Kingdom · hotel accommodation with provision of a restaurant and bar
   2. LTK Whitby Ltd 83.57% · United Kingdom · hotel accommodation with provision of a restaurant and bar
   3. LTK Whitby Opco Ltd 100% · United Kingdom · hotel accommodation with provision of a restaurant and bar
   4. Intega Systems Ltd 10% · United Kingdom · IT company which has started to specialise in offsite backups

Significant events

• “LTK Group has to date purchased the Royal Hotel in Whitby via its subsidiary LTK Whitby Ltd. It has also purchased a 10% holding in Intega Systems Ltd, an IT company which has started to specialise in offsite backups. Since its purchase, the Royal Hotel has undergone significant refurbishment which is approximately halfway through its completion. Trading has improved but is not expected to pick up fully until the refurbishment is complete. Intega Systems continues to trade profitably however it has struggled to increase revenues in the backup sector significantly”

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

Filings

4

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

  —

  Not reported

• Cash

  -98.6%

  £7,718,661 → £106,665

• Net assets

  +2.9%

  £8,250,409 → £8,486,325

• Employees

  +5,800%

  1 → 59

• Operating profit

  +735.1%

  -£38,591 → £245,086

• Profit before tax

  +830.9%

  -£32,278 → £235,916

• Wages

  +33,130.8%

  £3,125 → £1,038,462

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