HOTEL OPERATIONS LIMITED

• ⚠

  Material uncertainty over going concern

  The group's ability to continue as a going concern is dependant upon both the ongoing support of its bankers and its shareholders. However, in the event that this is not forthcoming then a material uncertainty would exist with regards to the appropriateness of the going conern assertion.

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

  -4%

  £4,040,305 → £3,880,157

• Cash

  +10.4%

  £119,154 → £131,535

  highest in 4 filed years

• Net assets

  +31.7%

  £446,108 → £587,725

  highest in 3 filed years

• Employees

  -15.7%

  102 → 86

• Operating profit

  -89.6%

  £5,231,263 → £544,634

• Profit before tax

  -96.8%

  £4,861,382 → £155,031

• Wages

  -23.4%

  £1,888,732 → £1,446,642

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The group's ability to continue as a going concern is dependant upon both the ongoing support of its bankers and its shareholders. However, in the event that this is not forthcoming then a material uncertainty would exist with regards to the appropriateness of the going conern assertion.”

Group structure

1. HOTEL OPERATIONS LIMITED · parent
   1. Jesmond Dene House Ltd 100% · England · providing hotel and general restaurant facilities to the public.

Significant events

• “The group experienced a 4% decrease in turnover in 2025 compared to the previous year.”
• “The period reflects a full year of ownership under Kronen Hotels who have managed to facilitate an increase in net assets of £141,617.”
• “The profit in 2024 includes debt forgiveness of £5,294,742.”
• “The comparative period includes results for the 13 month period from 1 January 2023 to 31 January 2024 in the period of acquisition by Kronen Hotels Ltd.”

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

3

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.