GENESTA GEORGIAN LLP

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The members consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements as they believe that the LLP has adequate resources to meet its current operational and financial obligations, and the members have a reasonable expectation that this will continue for the foreseeable future and for a period of at least 12 months from the date of approval of these financial statements.”

Significant events

• “Major upgrade works also commenced at the Francis hotel, with an extensive programme of refurbishment to rooms, public spaces, the kitchen and restaurant. The major refurbishment works led to a charge of £(0.9)m for loss on disposal of fixed assets in the year.”
• “The LLP received a third-party offer for the sale of a property held within tangible fixed assets. The offer indicated a market valuation significantly lower than the asset's carrying value in the balance sheet. ... an impairment charge of £(17.0) million was recognised in the profit and loss account.”

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

  -4.9%

  £17,884,974 → £17,002,015

• Cash

  -84.2%

  £1,938,216 → £307,172

• Net assets

  -37.1%

  £47,865,410 → £30,088,268

• Employees

  +1.1%

  271 → 274

• Operating profit

  -1,230.8%

  £1,572,076 → -£17,777,142

• Wages

  -0.1%

  £7,104,929 → £7,097,742

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