GLENEAGLES HOTELS LIMITED

1. GLENEAGLES HOTELS LIMITED 1986-03-21 → present
2. HERMANUS LIMITED 1986-01-28 → 1986-03-21

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 LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Given the company's current cash balance, investor support and the continued support of the primary lender the board considered various scenarios and believe that the company has sufficient financial resources to continue as a going concern and accordingly the financial statements have been prepared on a going concern basis. Further information on the going concern assessment is disclosed in note 2.3 of the financial statements.”

Significant events

• “In 2024, The Gleneagles Hotel proudly celebrated its centenary, marking 100 years of exceptional hospitality with a curated programme of commemorative experiences and bespoke products.”
• “With the improved performance, the business also refinanced, and increased, its loan facility in December 2024.”
• “As at 1st June 2025, The Gleneagles Hotel agreed a further increase in its loan facility from £125m to £145m.”
• “The increase in emissions is mostly due to the installation of a Combined Heat and Power (CHP) unit during the summer of the 2023/24 financial year.”
• “During 2024 the Gleneagles Hotel attained Green Key certification, a leading global standard for environmental excellence and sustainable operations within the hospitality industry. The company also achieved Green Tourism gold status under the new Global Sustainable Tourism Council (GSTC) criteria which serves as the benchmark for sustainability standards in the industry worldwide. These globally recognised certifications led to the honour of joining the Leading Hotels of the World's prestigious Sustainable Leaders Collection.”
• “In February 2025, we planted 1,000 trees on the PGA Centenary Course to provide an all-year round food source for wildlife, aid natural flood management and support long-term carbon sequestration.”

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

1

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

  +16.4%

  £87,412,000 → £101,730,000

• Cash

  +32.5%

  £5,815,000 → £7,703,000

• Net assets

  +81.1%

  £9,125,000 → £16,527,000

• Employees

  +10%

  1,169 → 1,286

• Operating profit

  +53.1%

  £8,941,000 → £13,688,000

• Profit before tax

  +134.1%

  £4,263,000 → £9,978,000

• Wages

  +9.7%

  £28,855,000 → £31,666,000

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