PAN PACIFIC LONDON HOTEL LIMITED

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  Material uncertainty over going concern

  As at 31 December 2025, the company was in a net current liability position amounting to £12,493,000 (2024: £12,758,000) and a net liability position amounting to £38,743,000 (2024: £35,902,000). The financial statements have been prepared on a going concern basis, which assumes that the company will continue to meet its liabilities when they fall due. Pan Pacific Hotels Group Limited, an intermediate parent company, has committed to provide funding in the event needed to ensure that the company is able to meet its liabilities when they fall due for at least 12 months from the date of approval of these financial statements.

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  Going-concern uncertainty disclosed

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  Negative shareholders' funds

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. 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. PAN PACIFIC LONDON HOTEL LIMITED 2015-08-21 → present
2. SUCCESS VENTURE NOMINEES (NO.2) LIMITED 2014-09-02 → 2015-08-21
3. HERON PLAZA NOMINEE (NO.2) LIMITED 2009-12-04 → 2014-09-02
4. HERON (STAPLE HALL NO.1) LIMITED 2000-12-21 → 2009-12-04

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As at 31 December 2025, the company was in a net current liability position amounting to £12,493,000 (2024: £12,758,000) and a net liability position amounting to £38,743,000 (2024: £35,902,000). The financial statements have been prepared on a going concern basis, which assumes that the company will continue to meet its liabilities when they fall due. Pan Pacific Hotels Group Limited, an intermediate parent company, has committed to provide funding in the event needed to ensure that the company is able to meet its liabilities when they fall due for at least 12 months from the date of approval of these financial statements.”

Significant events

• “The war between the USA and Iran will impact the already challenging cost of living expenses. At the time of writing, the City of London is weathering the storm more positively than other areas of London, particularly for the financial, law and fintech business. Liverpool Street Station is the busiest station in the country and the Elizabeth line continues to be a very valuable link to Heathrow. Staycations may see a rise in popularity.”

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.