TITANIC BELFAST 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 102

Reporting scope

Standalone (parent only)

Auditor

BDO Northern Ireland

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. As outlined in note 25, on 25 June 2025, the company renewed its facility agreement with Sona Capital Solutions II SPV S.A.R.L. totalling £18.9m, for four years. The directors have reviewed the terms of the facility and expect to meet all obligations.”

Significant events

• “On 25 June 2025, the company renewed its facility agreement with Sona Capital Solutions II SPV S.A.R.L. totalling £18.9m, in place for four years with full repayment due at the end of the term.”
• “Total visitor numbers for 2024/25 were 869,628, an increase of 23,154 (3%) from 846,474 in 2023/24, exceeding forecast.”
• “The company has developed new and existing markets with emphasis on Europe and North America to meet growth targets.”
• “Introduction of a new ticketing system, the first of 8 new systems for digital transformation, to go live on 1 April 2025.”
• “Achieved Great Place to Work Certification for a second year and placed in the top 30 large organisations to work in the UK in Retail, Hospitality and Leisure.”

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

  +2.7%

  £22,113,258 → £22,705,614

• Cash

  +4.6%

  £4,335,403 → £4,533,835

• Net assets

  +49.8%

  £5,820,870 → £8,718,674

• Employees

  +14.9%

  295 → 339

• Operating profit

  -26.8%

  £6,624,425 → £4,849,686

• Profit before tax

  -29.7%

  £5,393,012 → £3,790,907

• Wages

  +14.3%

  £4,174,448 → £4,770,770

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