ST. ANDREWS BAY DEVELOPMENT 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

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared cash flow forecasts covering the period to 31 July 2026. The forecasts prepared show that the company will have sufficient funds to meet liabilities as they fall due and will operate within the suite of agreed banking covenants. Based on the secured facilities and the above cashflow forecasts and headroom there in, the Directors believe it remains appropriate to prepare the financial statements on a going concern basis. In making their assessment the Directors have considered the 12 month period to 31 July 2026.”

Significant events

• “As at 31 December 2024, the £30 million bank loan is being shown in short term. It was due for repayment in May 2025. Subsequently in Q1 2025 discussions took place with the facility provider and a 14 month loan extension has been granted. The loan is now due for renewal in August 2026.”
• “The Highlander Hospitality Group Limited (HHGL) loan which was due in 2024, has been extended to November 2029 with deferred interest to preserve cash flow.”
• “In February 2025, a further £504,993 was advanced by Highlander Hospitality Group Limited and will be added to the shareholder's loan.”

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

Filings

7

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

  +10.5%

  £19,006,783 → £20,997,786

• Cash

  +63.6%

  £1,087,828 → £1,779,355

• Net assets

  +31.6%

  -£6,260,061 → -£4,279,442

• Employees

  -8.8%

  475 → 433

• Operating profit

  +1,183.7%

  £71,286 → £915,106

• Profit before tax

  +23.3%

  -£2,835,828 → -£2,174,802

• Wages

  +11.3%

  £7,050,271 → £7,845,365

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