ROTHESAY RESIDENCE LIMITED

1. ROTHESAY RESIDENCE LIMITED 2008-06-04 → present
2. THE CHESTER RESIDENCE TWO LIMITED 2008-03-04 → 2008-06-04

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

Consolidated group

Auditor

Hall Morrice LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Although the Group does not expect to require further funding, while the global economic situation leads to uncertainties in future trading cashflows, the directors have obtained assurance that adequate funding from the shareholder is available to the group, should it be required, to enable it to continue in operational existence for at least 12 months following the audit sign off date. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. ROTHESAY RESIDENCE LIMITED · parent
   1. Chester Residence Limited 100% · Scotland · Dormant
   2. Rothesay Enterprises Limited 100% · Scotland · Dormant
   3. The Chester Hotel Limited 100% · Scotland · Managing hotels and licensed premises

Significant events

• “The financial year to 28 February 2025 continued to be significantly impacted by challenges, consistent with trends across the broader hospitality industry. These included the cost-of-living crisis which continued to depress consumer spending, together with elevated operating costs including payroll and in particular the National Minimum Wage increase which posed a substantial challenge to profitability.”
• “Trading in the new financial year has started in a broadly similar manner to the prior year, with activity at the hotel showing continued resilience. However, several cost pressures persist including food and energy rises. The most significant ongoing challenge is the cumulative impact of the National Minimum Wage increase, employers' National Insurance Contributions, and the lowering of the threshold for these contributions.”

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.