SAROVA HOTELS LIMITED

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

• Turnover

  -1.9%

  £1,753,333 → £1,720,000

• Cash

  —

  Not reported

• Net assets

  +5.6%

  -£522,538 → -£493,254

• Employees

  0%

  15 → 15

• Operating profit

  -33.8%

  £130,224 → £86,144

• Profit before tax

  -44.7%

  £63,569 → £35,180

• Wages

  +1.3%

  £1,086,126 → £1,100,648

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

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.

1. SAROVA HOTELS LIMITED 1998-05-28 → present
2. SAROVA LIMITED 1993-05-21 → 1998-05-28
3. SPEED 3428 LIMITED 1993-04-01 → 1993-05-21

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Mercer & Hole LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Sarova Hotels Limited collects income via management fees from the hotels within the Sarova Hotels group, and their cash flow forecasts are therefore reliant on the success of the hotels. Trade within those hotels has returned to pre-Covid 19 levels and forecasted performance continues to be strong. In assessing the appropriateness of the going concern assumption, the Directors have prepared detailed cash flow forecasts for each hotel extending 12 months from the date of approval of these financial statements. The forecasts take into account the expected hotel occupancy levels and rates based upon known calendar of events and a targeted marketing strategy. The forecasts also take into account anticipated inflationary increase in costs, in particular utility process and staff wages. The forecasts indicate that in any reasonable scenario, the Company has sufficient cash to meet its liabilities as they fall due.”

Group structure

1. SAROVA HOTELS LIMITED · parent
   1. Sarova Properties GX Limited 100% · England

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.