ABERDEEN DOUGLAS HOTEL LIMITED

1. ABERDEEN DOUGLAS HOTEL LIMITED 2005-11-24 → present
2. FESTIVAL ABERDEEN LIMITED 2004-07-12 → 2005-11-24

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

SBP Accountants & Registered Auditors

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 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.”

Significant events

• “Our refurbished Grand Ballroom with full AV spec continues to attract events, with many more booked for the coming year. Shiprow Village with its many indoor and outdoor venues continues to perform well, driving food and beverages revenues.”
• “Working closely with local business we have focused on tourism and the event/conference business coming to the city Teca P&J Live has attracted new business with international star concerts and conferences to Aberdeen. The business mix is much more diverse than in previous years and although room revenues from the oil industry continues to be part of our general trade, we have also increased our share in other sectors such as tourism groups, local weekend events and in house conferencing. The main increase to on our overall revenues derives from the success of Ship Row Village and its units. Continued investment in this area is planned.”

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

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

  -3.2%

  £6,129,725 → £5,933,389

• Cash

  -25.3%

  £1,171,247 → £874,842

• Net assets

  +1%

  £11,961,587 → £12,076,747

• Employees

  -5.9%

  135 → 127

• Operating profit

  -2.3%

  £388,488 → £379,714

• Profit before tax

  -9.7%

  £260,302 → £235,126

• Wages

  +1.3%

  £1,916,643 → £1,941,956

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